The Indian economy 75 years since independence

10/27/2022 02:30 pm 10/27/2022 04:00 pm Australia/Melbourne The Indian economy 75 years since independence

With India's economy of 2022 very different to that of 1947, what battles for development and modernity have been won, lost and are still emerging?

India is the world’s fifth largest economy, but also home to the largest number of impoverished people in the world. It’s one of the fastest growing emerging market economies, but has seen a huge increase in inequalities of income and wealth in recent times.

Our distinguished panel of speakers will offer insightful perspectives on the chequered trajectory of the Indian economy since its independence, and what lies ahead.

Speakers

Professor Arvind Subramanian, Brown University and Peterson Institute for International Economics

Prof Subramanian is a Senior Fellow at Brown University’s Watson Institute for International and Public Affairs, a Distinguished Non-Resident Fellow at the Center for Global Development, and Non-Resident Senior Fellow at the Peterson Institute for International Economics.
He was previously Professor at Ashoka University, visiting lecturer at the Harvard Kennedy School (2018-2020) and Chief Economic Adviser to the Government of India from October 2014 to July 2018.
He has published widely and is currently in the top one percent of the world’s most cited academic economists. Foreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.

Professor Jayati Ghosh, University of Massachusetts

Prof Ghosh taught Economics at Jawaharlal Nehru University, New Delhi for nearly 35 years, and since January 2021 she has been Professor of Economics at the University of Massachusetts, Amherst.
She has authored or edited 20 books and more than 200 scholarly articles. She has received several prizes, including the 2015 Adisheshaiah Award for distinguished contributions to the social sciences in India, the International Labour Organisation’s 2011 Decent Work Research Prize, and the 2010 NordSud Prize for Social Sciences, Italy.
In March 2022, she was appointed to the UN Secretary General’s High-Level Advisory Board on Effective Multilateralism.
She also writes regularly for popular media, including newspapers, journals and blogs.

Dr Shekhar Shah, Indian School of Public Policy

Dr Shah is a long-time scholar and policy analyst of South Asian economies. He was the Director-General of the National Council of Applied Economic Research (NCAER) in New Delhi for ten years until 2021.
Prior to joining NCAER, he had a long career at the World Bank, serving as the Regional Economic Adviser for South Asia, a Deputy Research Administrator, the Sector Manager for Governance and Public Sector Management for Europe and Central Asia, the South Asia Governance Adviser and Public Sector Coordinator, the Lead Economist for Bangladesh, and a principal author of the 2004 World Development Report.

Host

Professor Asad Islam, Director, Centre for Development Economics and Sustainability

Moderator

Associate Professor Gaurav Datt, Deputy Director, Centre for Development Economics and Sustainability (CDES), Monash Business School.

Organised by

Centre for Development Economics and Sustainability, Monash Business School.

Event Details

Date:
27 October 2022 at 2:30 pm – 4:00 pm
Venue:
Online - Zoom

Description

With India's economy of 2022 very different to that of 1947, what battles for development and modernity have been won, lost and are still emerging?

India is the world’s fifth largest economy, but also home to the largest number of impoverished people in the world. It’s one of the fastest growing emerging market economies, but has seen a huge increase in inequalities of income and wealth in recent times.

Our distinguished panel of speakers will offer insightful perspectives on the chequered trajectory of the Indian economy since its independence, and what lies ahead.

Speakers

Professor Arvind Subramanian, Brown University and Peterson Institute for International Economics

Prof Subramanian is a Senior Fellow at Brown University’s Watson Institute for International and Public Affairs, a Distinguished Non-Resident Fellow at the Center for Global Development, and Non-Resident Senior Fellow at the Peterson Institute for International Economics.
He was previously Professor at Ashoka University, visiting lecturer at the Harvard Kennedy School (2018-2020) and Chief Economic Adviser to the Government of India from October 2014 to July 2018.
He has published widely and is currently in the top one percent of the world’s most cited academic economists. Foreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.

Professor Jayati Ghosh, University of Massachusetts

Prof Ghosh taught Economics at Jawaharlal Nehru University, New Delhi for nearly 35 years, and since January 2021 she has been Professor of Economics at the University of Massachusetts, Amherst.
She has authored or edited 20 books and more than 200 scholarly articles. She has received several prizes, including the 2015 Adisheshaiah Award for distinguished contributions to the social sciences in India, the International Labour Organisation’s 2011 Decent Work Research Prize, and the 2010 NordSud Prize for Social Sciences, Italy.
In March 2022, she was appointed to the UN Secretary General’s High-Level Advisory Board on Effective Multilateralism.
She also writes regularly for popular media, including newspapers, journals and blogs.

Dr Shekhar Shah, Indian School of Public Policy

Dr Shah is a long-time scholar and policy analyst of South Asian economies. He was the Director-General of the National Council of Applied Economic Research (NCAER) in New Delhi for ten years until 2021.
Prior to joining NCAER, he had a long career at the World Bank, serving as the Regional Economic Adviser for South Asia, a Deputy Research Administrator, the Sector Manager for Governance and Public Sector Management for Europe and Central Asia, the South Asia Governance Adviser and Public Sector Coordinator, the Lead Economist for Bangladesh, and a principal author of the 2004 World Development Report.

Host

Professor Asad Islam, Director, Centre for Development Economics and Sustainability

Moderator

Associate Professor Gaurav Datt, Deputy Director, Centre for Development Economics and Sustainability (CDES), Monash Business School.

Organised by

Centre for Development Economics and Sustainability, Monash Business School.