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Social Science and Public Policy

A Short History of India’s Economy since 1947 and the Current Challenge

November 6, 2023 at 3:30pm – 5:00pm

Eggers Hall, 220

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The Moynihan Institute’s South Asia Center presents a talk by Kaushik Basu.

During its short history, since Independence in 1947 to now, India’s economy has gone through ups and downs and India has experimented with different kinds of policies, with important lessons for all developing countries. The lecture will briefly go over this history and then focus on some of the big challenges faced by India, and in fact the world, today, from the shrinking demand for labor, thanks to advances in digital technology, to the changing nature of globalization and global markets.

This event is co-sponsored by: 

Economics Department
Whitman School
Kiebach Center for International Business Studies

Kaushik Basu is pofessor of economics and the Carl Marks Professor at Cornell University. From 2012 to 2016 he was the chief economist of the World Bank. Educated at St. Stephen’s College, Delhi, and the London School of Economics, Basu has published extensively in development economics, game theory, welfare economics and industrial organization. His most recent book “The Republic of Beliefs: A New Approach to Law and Economics” was published by Princeton University Press in 2018.

This event was published on October 19, 2023.

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