Jagdish Bhagwati (born 1934 at Mumbai) belongs to a Gujarati Family. Padma Desai, the Gladys and Ronald Harriman Professor of Comparative Economic Systems at Columbia University and also a Russian scholar in transition problems of Russian and other erstwhile socialist countries. They have a daughter, Anuradha Kristin. He is University Professor, Columbia University; and Senior Fellow in International Economics, Council on Foreign Relations. His elder brother Justice P.N Bhagawati is a respected former Chief Justice of India. Pallavi Shroff, who heads one of the largest law firms in India, is his neice. He is a Director of the National Bureau of Economic Research.
Education & Career of Jagdish Bhagwati
Jagdish Bhagwati took his graduation from Sydenham College, Mumbai, BA in Economics from Cambridge University (St. John's), England in 1956, and Doctorate in Economics from Massachusetts Institute of Technology in 1967. He returned to India in 1961 joining as Professor at the Indian Statistical Institute, and later at the Delhi School of Economics. In 1968 he went back to MIT and twelve years later in 1980 joined Columbia as the Ford International Professor of Economics.
Important Work by Jagdish Bhagwati
Jagdish Bhagwati was one of the experts involved with the Copenhagen Consensus project in 2004. He was also appointed as a member of the Panel of Eminent Persons in 2006 to review the work of UNCTAD.
He was Economic Policy Adviser to Arthur Dunkel, Director General of GATT (1991-93), External Adviser, WTO; and Special Adviser to the UN on Globalization.He served as Member, Expert Group on the Future of the WTO, WTO; Member, Advisory Committee to UN Secretary General on the NEPAD process in Africa; Member, Eminent Persons Group on the future of UNCTAD; Advisor to Finance Minister and Prime Minister of India; Fellow of the Econometric Society; Member, American Philosophical Society; Member, the American Academy of Arts and Sciences; Vice President and Distinguished Fellow, the American Economic Association; Member, Academic Advisory Board, Human Rights Watch (Asia); Member, Advisory Board of the Council on Economic Priorities Accreditation Agency; Member, board of scholars, Centre for Civil Society; and Senior Fellow, Council on Foreign Relations.
Renowned Work by Jagdish Bhagwati
Prestigious lectures were delivered by him including the Frank Graham Lecture at Princeton, the Harry Johnson Lecture in London, the Bertil Ohlin Lectures at the Stockholm School of Economics, the Radhakrishnan Lectures in Oxford, the Eyskens Lectures in Belgium, and the Prebisch Lecture at UNCTAD IX in Johannesburg. A proponent of globalization, he has lectured and defended it in pubic appearance worldwide. He founded the Journal of International Economics in 1971and Economics & Politics in 1989.
Jagdish Bhagwati published a number of books including Termites in the Trading System: How Preferential Agreements Undermine Free Trade(2008); In Defense of Globalization(2004); The Wind of the Hundred Days: How Washington Mismanaged Globalization (2002); Edited along with Robert E. Hudec Fair Trade and Harmonization, Vol. 1: Economic Analysis (1996); and foreword to Regional Trade Agreements in the GATT/WTO: Article XXIV and the Internal Trade Requirement by James H. Mathis (2002).
Awards and Achievements for Jagdish Bhagwati
Several universities conferred Jagdish Bhagwati honorary degrees including Sussex (UK) and Erasmus (Netherlands).
He received Order of the Rising Sun of Japan (2006); Gold and Silver Star(2006); Lifetime Achievement Award by the Indian Chamber of Commerce (2004); Padma Vibhushan (2000); the Seidman Distinguished Award in International Political Economy (1998); Mahalanobis Memorial Medal from the Indian Econometric Society (1974);
Other awards that he received include the Kenan Enterprise Award (United States), the Bernhard Harms Prize (Germany), the Freedom Prize (Switzerland), the John R. Commons Award (United States), and the Frank E. Seidman Distinguished Award in Political Economy (USA). He was also the first person to receive the Asian NGOs' Award, the Suh Sang Don Award.