GDI Lecture: Vijay Joshi on 'India: the Long Road to Prosperity'
|Dates:||31 January 2018|
|Times:||17:00 - 18:30|
|What is it:||Lecture|
|Organiser:||Global Development Institute|
|Who is it for:||University staff, Alumni, Current University students|
The Global Development Institute Lecture Series is pleased to present Vijay Joshi, Emeritus Fellow of Merton College, Oxford and Reader Emeritus in Economics, University of Oxford, to discuss India: the long road to prosperity
The Global Development Lecture Series brings experts involved in global development to The University of Manchester. It aims to facilitate dialogue and discussion, providing a space for leading development thinkers to share their latest research and ideas.
Lectures are followed by an audience Q&A
All lectures are live streamed on the Global Development Institute Facebook page: www.facebook.com/globaldevinst
This event is open to members of the public and information on the accessibility of the venue is detailed at this link: https://www.disabledgo.com/access-guide/the-university-of-manchester/roscoeth-b
India has been the subject of many extravagant predictions and hopes. It grew fast for three decades from 1980 to 2010 but has faltered since then. Is it on course to become a prosperous country in the next quarter century? The lecture will argue that the foundations of rapid, durable, and inclusive economic growth in India are distinctly shaky.
For India to realize its huge potential, the relation between the state, the market, and the private sector must be comprehensively realigned. Deeper liberalization of goods and factor markets is very necessary but far from sufficient. The state needs to perform much more effectively many core tasks that belong squarely in its domain, such as a) providing a ‘basic income’ for citizens, b) improving state capacity to deliver public goods, and c) taking steps to reduce corruption and crony capitalism.
The lecture will discuss where India is today, where it is headed, and what it should do to attain its ambitious goals.
Role: Emeritus Fellow
Organisation: Merton College, Oxford
Biography: Vijay Joshi is Emeritus Fellow of Merton College, Oxford. He has written several books on India, including most recently, India’s Long Road: The Search for Prosperity (Oxford University Press 2017). He has previously written two other widely-praised books on India (co-authored with I.M.D. Little): India: Macroeconomics and Political Economy (World Bank and Oxford University Press, 1994) and India’s Economic Reforms (Oxford University Press, 1996).
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