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Jagdish Bhagwati
Jagdish Natwarlal Bhagwati (born July 26, 1934) is an Indian-born naturalization, naturalized American economist and one of the most influential trade theorists of his generation. He is a University Professor (Columbia), University Professor of economics and law at Columbia University and a Senior Fellow in International Economics at the Council on Foreign Relations. He has made significant contributions to international International trade, trade theory and economic development. He is widely regarded as the intellectual father of the Economic liberalisation in India, Indian economic reforms of 1991. He is one of the few professors in American academia to have a chair named after him while he was still teaching at the university. He is one of only 10 scholars who hold the title of University Professor at Columbia University. Bhagwati is the recipient of several prestigious awards, including the Order of the Rising Sun, Padma Vibhushan, Frank Seidman Distinguished Award in Political ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoclassical Economics
Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production. This approach has often been justified by appealing to rational choice theory. Neoclassical economics is the dominant approach to microeconomics and, together with Keynesian economics, formed the neoclassical synthesis which dominated mainstream economics as "neo-Keynesian economics" from the 1950s onward. Classification The term was originally introduced by Thorstein Veblen in his 1900 article "Preconceptions of Economic Science", in which he related marginalists in the tradition of Alfred Marshall ''et al.'' to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gene Grossman
Gene Michael Grossman (born December 11, 1955, in New York) is an American economist who is the Jacob Viner Professor of International Economics at Princeton University. He is known for his research on international trade, in large part focusing on the relationship between economic growth and trade and the political economy of trade policy. He is also known for his work on the environmental Kuznets curve. He received his B.A. in economics from Yale University in 1976 and his Ph.D. in economics from the Massachusetts Institute of Technology in 1980. He became assistant professor at Princeton University in 1980 and full professor of economics in 1988. He frequently collaborated with Harvard professor Elhanan Helpman, producing three books together: ''Innovation and Growth in the Global Economy'', ''Special Interest Politics'', and ''Interest Groups and Trade Policy''. In 2009, Grossman received an honorary doctorate in economics from the University of St. Gallen. Grossman received t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nobel Prize
The Nobel Prizes ( ; ; ) are awards administered by the Nobel Foundation and granted in accordance with the principle of "for the greatest benefit to humankind". The prizes were first awarded in 1901, marking the fifth anniversary of Alfred Nobel, Alfred Nobel's death. The original Nobel Prizes covered five fields: Nobel Prize in Physics, physics, Nobel Prize in Chemistry, chemistry, Nobel Prize in Physiology or Medicine, physiology or medicine, Nobel Prize in Literature, literature, and Nobel Peace Prize, peace, specified in Nobel's will. A sixth prize, the Nobel Memorial Prize in Economic Sciences, Prize in Economic Sciences, was established in 1968 by Sveriges Riksbank (Sweden's central bank) in memory of Alfred Nobel. The Nobel Prizes are widely regarded as the most prestigious awards available in their respective fields.Nobel Prize#Shalev69, Shalev, p. 8. Except in extraordinary circumstances, such as war, all six prizes are given annually. Each recipient, known as a laur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Switzerland
Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is geographically divided among the Swiss Plateau, the Swiss Alps, Alps and the Jura Mountains, Jura; the Alps occupy the greater part of the territory, whereas most of the country's Demographics of Switzerland, 9 million people are concentrated on the plateau, which hosts List of cities in Switzerland, its largest cities and economic centres, including Zurich, Geneva, and Lausanne. Switzerland is a federal republic composed of Cantons of Switzerland, 26 cantons, with federal authorities based in Bern. It has four main linguistic and cultural regions: German, French, Italian and Romansh language, Romansh. Although most Swiss are German-speaking, national identity is fairly cohesive, being rooted in a common historical background, shared ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Order Of The Rising Sun
The is a Japanese honors system, Japanese order, established in 1875 by Emperor Meiji. The Order was the first national decoration awarded by the Japanese government, created on 10 April 1875 by decree of the Council of State. The badge features rays of sunlight from the rising sun. The design of the Rising Sun symbolizes energy as powerful as the rising sun in parallel with the "rising sun" concept of Japan ("Land of the Rising Sun"). The Order of the Rising Sun is awarded to people who have rendered distinguished service to the state in #Criteria for awarding, various fields except military service. Since there is no order for military achievements under the current Japanese system, Japan Self-Defense Forces personnel are awarded the Order of the Sacred Treasure for their long engagement in public service. Prior to the end of World War II, it was also awarded for exemplary military service. In 2003, the 7th and 8th Class, which were at the bottom of the Order of the Rising ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Liberalisation In India
The economic liberalisation in India refers to the series of policy changes aimed at opening up the country's economy to the world, with the objective of making it more market-oriented and consumption-driven. The goal was to expand the role of private and foreign investment, which was seen as a means of achieving economic growth and development. Although some attempts at liberalisation were made in 1966 and the early 1980s, a more thorough liberalisation was initiated in 1991. The liberalisation process was prompted by a balance of payments crisis that had led to a severe recession, dissolution of the Soviet Union leaving the United States as the sole superpower, and the sharp rise in oil prices caused by the Gulf War of 1990–91. India's foreign exchange reserves fell to dangerously low levels, covering less than three weeks of imports. The country had to airlift gold to secure emergency loans. Trade disruptions with the USSR and a decline in remittances from Gulf countri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (See: World economy.) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states, factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization. These organizations work towards the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council On Foreign Relations
The Council on Foreign Relations (CFR) is an American think tank focused on Foreign policy of the United States, U.S. foreign policy and international relations. Founded in 1921, it is an independent and nonpartisan 501(c)(3) nonprofit organization with longstanding ties to political, corporate, and media elites. CFR is based in New York City, with an additional office in Washington, DC, Washington, D.C. Its Members of the Council on Foreign Relations, membership has included senior politicians, United States Secretary of State, secretaries of state, Central Intelligence Agency, CIA directors, bankers, lawyers, professors, corporate directors, CEOs, and prominent Mass media, media figures. CFR meetings convene government officials, global business leaders, and prominent members of the intelligence and foreign-policy communities to discuss international issues. CFR publishes the bi-monthly journal ''Foreign Affairs'' since 1922. It also runs the David Rockefeller Studies Progra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Professor (Columbia)
This is a partially sorted list of notable persons who have had ties to Columbia University. For further listing of notable Columbians see: Notable alumni at Columbia College of Columbia University; Columbia University School of General Studies; Columbia Law School; Columbia Business School; Columbia University Graduate School of Journalism; Columbia Graduate School of Architecture, Planning and Preservation; Columbia University College of Physicians and Surgeons; Columbia University Graduate School of Education (Teachers College); Fu Foundation School of Engineering and Applied Science; Columbia Graduate School of Arts and Sciences; Columbia University School of Professional Studies; Columbia University School of the Arts; the School of International and Public Affairs; and Barnard College. The following lists are incomplete. Nobel laureates It includes alumni and faculty of Barnard College after 1900 and those of Bard College by 1944, as well as physicians and long- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naturalization
Naturalization (or naturalisation) is the legal act or process by which a non-national of a country acquires the nationality of that country after birth. The definition of naturalization by the International Organization for Migration of the United Nations excludes citizenship that is automatically acquired (e.g. at birth) or is acquired by declaration. Naturalization usually involves an application or a motion and approval by legal authorities. The rules of naturalization vary from country to country but typically include a promise to obey and uphold that country's laws and taking and subscribing to an oath of allegiance, and may specify other requirements such as a minimum legal residency and adequate knowledge of the national dominant language or culture. To counter multiple citizenship, some countries require that applicants for naturalization renounce any other citizenship that they currently hold, but whether this renunciation actually causes loss of original citizen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Padma Vibhushan
The Padma Vibhushan ( , lit. "Lotus Grandeur") is the second-highest civilian award of the Republic of India, after the Bharat Ratna. Instituted on 2 January 1954, the award is given for "exceptional and distinguished service". All persons without distinction of race, occupation, position or sex are eligible for these awards. However, government servants including those working with public sector undertakings, except doctors and scientists, are not eligible for these Awards. , the award has been bestowed on 336 individuals, including thirty-one posthumous and twenty-one non-citizen recipients. During 1 May and 15 September of every year, the recommendations for the award are submitted to the Padma Awards Committee, constituted by the Prime Minister of India. The recommendations are received from all the state and the union territory governments, the Ministries of the Government of India, the Bharat Ratna and previous Padma Vibhushan award recipients, the Institutes of Excel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
