Development and What it actually means A seminar remembering Vineet Kohli, the economist from TISS.

How has the idea of development has changed over the years? Utsa Patnaik, T Jayaraman, Prabhat Patnaik, Abhijit Sen and C. P. Chandrasekhar participate in a discussion moderated by Jayati Ghosh, at a seminar held on 19 August 2018 in Jawaharlal Nehru University to remember the young economist Vineet Kohli who passed away recently. (This video was originally published in the News Click on August 20, 2018)

Artificially Created Distress Utsa Patnaik

Without adequate preparation or thought, the monetary authorities and the government have taken a drastic step declaring as worthless over 86 per cent by value of the currency notes in circulation with the public. A prior large increase of lower denomination notes should have been ensured through banks and ATMs, so that overall money supply did not reduce and a normal level of activity could be maintained. This was not done, so effectively a very severe monetary contraction has been imposed, the purchasing power of the population has been suddenly taken away, reducing the level of economic activity and causing…

International Seminar on “Whither Global Capitalism?” Jawaharlal Nehru University, New Delhi, 28-29 January 2012

An international seminar on ''Whither Global Capitalism?'' will be held on 28-29 January 2012 at the Convention Centre, Jawaharlal Nehru University, New Delhi. The proposed seminar, being organised by the International Development Economics Associates (IDEAs), will have the following broad themes: The dominance of finance Dynamism in the periphery Economic integration and its impact Food and agrarian crises The programme of the seminar follows below: Saturday, 28 January 2012 Registration ( 9:30- 10:00 ) Session 1: The Dominance of Finance ( 10:00- 11:30 ) Chair: Jayati Ghosh (Jawaharlal Nehru University, New Delhi) Speakers: Jan Kregel (Levy Economics Institute of Bard…

The Republic of Hunger and Other Essays Author: Utsa Patnaik

Publisher: Three Essays Collective ISBN-10: 0850366062 ISBN-13: 978-8188789337 About the Book Utsa Patnaik's book is as much a comment on the state of economics as a discipline today, as on the economic policies that are ruining the lives and livelihoods of millions of people in the Third World. The unifying theme of her essays is the impact on the Third World of the new imperialism in the present era, which takes the form of deflationary neo-liberal 'economic reforms', a thrust towards free trade and subservient agriculture. She shows how these policies are causing unprecedented rural distress and universal hunger in the developing…

The Republic Of Hunger And Other Essays Author: Utsa Patnaik

Poverty and Neo-liberalism in India Utsa Patnaik

This paper explores why the official poverty estimates show decline in poverty in India over the 1990s, whereas all other economic and social indicators suggest that absolute poverty is high. The former do not capture the true picture because the official method involves the ‘fallacy of equivocation’. It is also argued that when actual rural poverty is as high as nearly four-fifths of the population and poverty depth is increasing, there is an urgent need to revert to a demand-driven universal public distribution system. neo_liberalism (Download the full text in PDF format)

The Republic of Hunger Utsa Patnaik

India has seen a steep and unprecedented fall in per capita foodgrains absorption in the course of the last five years (1998 to 2003). This has lead to a sharp increase in the numbers of people in hunger, particularly in rural areas. Meanwhile, a worsening situation is being interpreted as betterment because, as this paper argues, the diagnosis of the problem of hunger itself is incorrect. Thus, no remedial measures can be expected of the policy advisers and the rulers of this country which was once a developing economy, but which has been turned into the Republic of Hunger. republic_hunger…