Jagdish Natwarlal Bhagwati (born 1934) is a prominent economist noted for his defense of free trade against the critics of globalization. Year 1934 ( MCMXXXIV) was a Common year starting on Monday (link will display full 1934 calendar of the Gregorian calendar. Economics is the social science that studies the production distribution, and consumption of goods and services. Free trade is a system in which the trade of goods and services between or within countries flows unhindered by government-imposed restrictions Globalization (or globalisation) in its literal sense is the process of transformation of local or regional phenomena into global ones He is a University Professor of Economics at Columbia University. University Professor is the highest academic rank at Columbia University. Columbia University is a private University in the United States and a member of the Ivy League.
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Early years
Bhagwati was born into a Gujarati Family in Mumbai in 1934 and graduated from Sydenham College, Mumbai. Gujarati people ( Gujarati: ગુજરાતી લોકો Gujǎrātī loko ? Mumbai ( Marathi:,, IPA: formerly Bombay, is the capital of the Indian state of Maharashtra and the financial Sydenham College or Sydenham College of Commerce and Economics is an institute located in Mumbai (previously Bombay affiliated to the University of Bombay Mumbai ( Marathi:,, IPA: formerly Bombay, is the capital of the Indian state of Maharashtra and the financial He graduated with a BA in Economics from Cambridge University (St. John's), England in 1956, and received Ph.D. (Economics) from Massachusetts Institute of Technology in 1967. The University of Cambridge (often Cambridge University) located in Cambridge, England, is the second-oldest university in the St John's College, an institution known formally as The Master Fellows and Scholars of the College of St John the Evangelist in the University of Cambridge is a England is a Country which is part of the United Kingdom. Its inhabitants account for more than 83% of the total UK population whilst its mainland "PhD" redirects here for other uses see PhD (disambiguation.
Career
Bhagwati has previously served as an external advisor to the Director General of the World Trade Organization in 2001, as a special policy advisor on globalization to the United Nations in 2000, and as an economics policy advisor to the Director-General of the General Agreement on Tariffs and Trade from 1991 to 1993. Year 2001 ( MMI) was a Common year starting on Monday according to the Gregorian calendar. The United Nations ( UN) is an International organization whose stated aims are to facilitate cooperation in International law, International security 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. The 'General Agreement on Tariffs and Trade' (typically abbreviated 'GATT' was the outcome of the failure of negotiating governments to create the International Trade Organization (ITO Year 1991 ( MCMXCI) was a Common year starting on Tuesday (link will display full calendar of the Gregorian Calendar. Year 1993 ( MCMXCIII) was a Common year starting on Friday (link will display full 1993 Gregorian calendar) From 1968 until 1980, Bhagwati was an economics professor at the Massachusetts Institute of Technology. Year 1968 ( MCMLXVIII) was a Leap year starting on Monday (link will display full calendar of the Gregorian calendar. Year 1980 ( MCMLXXX) was a Leap year starting on Tuesday (link displays the 1980 Gregorian calendar) [1] Bhagwati currently serves on the Academic Advisory Board of Human Rights Watch (Asia) and on the board of scholars of the Centre for Civil Society. Human Rights Watch is a United States -based international Non-governmental organization that conducts research and advocacy on Human rights. The Centre for Civil Society is a libertarian public policy Think tank based in New Delhi, India. He is a Senior Fellow of the Council on Foreign Relations. The Council on Foreign Relations ( CFR) is an American Nonpartisan foreign policy membership organization founded in 1921 and based at 58 East 68th Street (at
In 2000, Bhagwati was signatory to an amicus briefing, coordinated by the American Enterprise Institute, with Supreme Court to contend that the Environmental Protection Agency should, contrary to a prior ruling, be allowed to take into account the costs of regulations when setting environmental standards. 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. The American Enterprise Institute for Public Policy Research (AEI is a conservative Think tank, founded in 1943 Pizza (ˈpiːtsə, in Italian:) is a popular dish made with an Oven -baked flat generally round Bread that is covered with tomatoes or a tomato-based
In January, 2004, Bhagwati published In Defense of Globalization, a book in which he argues "this process [of globalization] has a human face, but we need to make that face more agreeable. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " "
In May, 2004, Bhagwati was one of the experts who took part in the Copenhagen Consensus project. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Copenhagen Consensus is a project that seeks to establish priorities for advancing global welfare using methodologies based on the theory of Welfare economics.
In 2006, Bhagwati was a member of the Panel of Eminent Persons who reviewed the work of UNCTAD. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. The United Nations Conference on Trade and Development ( UNCTAD) was established in 1964 as a permanent intergovernmental body
Family
Bhagwati is married to Padma Desai, the Gladys and Ronald Harriman Professor of Comparative Economic Systems at Columbia University. Columbia University is a private University in the United States and a member of the Ivy League. They have one daughter. His elder brother Justice P. N Bhagwati is a former Chief Justice of India and his niece Pallavi Shroff heads one of India's largest law firms. The term Chief Justice of India refers to the highest judge in the Supreme Court of India.
Awards
- In 2006, he was awarded Japan's Order of the Rising Sun, Gold and Silver Star. The Order of the Rising Sun (旭日章 Kyokujitsu shō ?
- He was conferred the Lifetime Achievement Award by the Indian Chamber of Commerce in 2004. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again "
- In 2000 he was awarded Padma Vibhushan award. The Padma Vibhushan is India 's second highest civilian honour
- He received the Seidman Distinguished Award in International Political Economy in 1998.
- In 1974, he was awarded the Indian Econometric Society's Mahalanobis Memorial Medal.
- Other awards include the Bernhard Harms Prize (Germany), the Kenan Enterprise Award (United States), the Freedom Prize (Switzerland), and the John R. Commons Award (United States). John Rogers Commons (1862–1945 was a well-known institutional economist and labor historian at the University of Wisconsin-Madison.
- He has also received honorary degrees from the University of Sussex and Erasmus University, as well as others. An honorary degree or a degree honoris causa ( Latin: 'for the sake of the honour' is an Academic degree for which a university (or other degree-awarding The University of Sussex is a British Campus university which is situated next to the East Sussex village of Falmer, and is from Brighton Erasmus University Rotterdam is a university in the Netherlands, located in Rotterdam. [2][3]
Books
Following are the books published by Jagdish Bhagwati.
- Jagdish Bhagwati (2004). In Defense of Globalization. Oxford University Press. ISBN 0-19-517025-3.
- Jagdish Bhagwati (2002). The Wind of the Hundred Days: How Washington Mismanaged Globalization. MIT Press. ISBN 0-262-52327-2.
- James H. Mathis, Jagdish Bhagwati (Foreword) (2002). Regional Trade Agreements in the GATT/WTO: Article XXIV and the Internal Trade Requirement. Norwell/TMC Asser Press. ISBN 90-6704-139-4.
- Jagdish N. Bhagwati (Editor), Robert E. Hudec (Editor) (1996). Fair Trade and Harmonization, Vol. 1: Economic Analysis. MIT Press. ISBN 0-262-02401-2.
Quotes
- "I measure a scholar’s prolific-ness not by the mere number of his publishings. Just as the area of a rectangle equals its width times its depth, the quality of a lifetime accomplishment must weight each article by its novelties and wisdoms. . . Jagdish Bhagwati is more like Haydn: a composer of more than a hundred symphonies and no one of them other than top notch. . . In the struggle to improve the lot of mankind, whether located in advanced economies or in societies climbing the ladder out of poverty, Jagdish Bhagwati has been a tireless partisan of that globalization which elevates global total-factor----productivities both of richest America and poorest regions of Asia and Africa. "
Paul Samuelson on the occasion of Bhagwati's 70th Birthday festschrift conference in Gainesville Florida, January 2005. Paul Anthony Samuelson (born May 15, 1915) is an American neoclassical Economist known for his contributions to many fields of
Source: "Jagdish Bhagwati, the wunderkind who became the tireless theorist of international trade" by Paul A. Samuelson
See also
References
External links
- Homepage of Professor Jagdish Bhagwati, Columbia University website, accessed March 2004. Gujarati people ( Gujarati: ગુજરાતી લોકો Gujǎrātī loko ? This is a list of notable people who can trace their ancestry to Gujarat, India. Globalization (or globalisation) in its literal sense is the process of transformation of local or regional phenomena into global ones
- Council on Foreign Relations, Jagdish N. Bhagwati Andre Meyer Senior Fellow in International Economics, undated, accessed April 2004.
- September 24, 1998 debate with Ralph Nader
- Globalisation Institute
- Audio interview with National Review Online
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