NIAS Public Lecture: "Truths and Untruths about the Indian Economy in the Global Financial Setting" by Prof. Amit Bhaduri at Lecture Hall

National Institute of Advanced Studies

Indian Institute of Science Campus, Bengaluru 560012


RBI Programme on Interdisciplinary Approaches to Economic Issues


Public Lecture



Truths and Untruths about the Indian Economy in the

Global Financial Setting




Prof Amit Bhaduri

Emeritus Professor, Jawaharlal Nehru University, New Delhi


Date    :           Monday, 4th July, 2016


Time    :           4.30 pm


Venue :           Lecture Hall, NIAS, Bengaluru


Chairperson : Prof. Narendar Pani, NIAS


All are cordially invited


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Abstract: India has consistently been an economy with much higher growth than the world average over the last fifty years. At the same time its employment generation has been poor, and reduction of poverty even less impressive. It is often said it has created two Indias with growing distance between them in a democratic set-up which itself is undergoing change. Some claim greater dependence on globalization and economic reforms is the answer; others claim more public action will restore balance. We analyse these views explaining the mechanisms that create distance between two Indias on the one hand, and the changing nature of democracy which determines what is feasible.

About the speaker: Prof Amit Bhadhuri is Professor Emeritus at Jawaharlal Nehru University, New Delhi. A widely respected economist he has won several international awards including the Leontief Prize and the Stevenson Prize of Cambridge University. He has been a professor at Stanford University, USA; Universities of Vienna and Linz, Austria; University of Bologna, Italy; and University of Bremen, Germany. His books include Growth, Distribution and Innovations (Schumpeter Lectures), On the Border of Economic Theory and History, and The Economic Structure of Backward Agriculture. His article with Stephen Marglin, ‘Unemployment and the real wage: the economic basis of contesting political ideologies’ published in the Cambridge Journal of Economics in 1990 has been one of the most widely cited articles in Keynesian economics in recent years.


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For further details, please contact Prof. Narendar Pani <>

Monday, July 4, 2016