Jayati Ghosh

Executive Secretary of International Development Economics Associates


NEW DELHI – Students in introductory macroeconomics courses typically used to learn about the paradox of thrift. This theory, popularized by John Maynard Keynes, states that if households decide to save more and consume less during a slowdown or recession (because of uncertainty about future income), then the resulting reduction in aggregate demand will aggravate the economic decline
16 июня 2020 5 мин. 2915
NEW DELHI – Among the many inequalities revealed by the COVID-19 pandemic, one of the most striking is the dramatic divergence in governments’ fiscal responses. Economic activity has collapsed worldwide as a result of lockdown measures to contain the coronavirus. But while some developed countries have been able to deploy fiscal stimulus on an unprecedented scale, most have not
15 мая 2020 5 мин. 9627
NEW DELHI – The COVID-19 pandemic has thrust the entire world – rich and poor – into uncharted territory, prompting extraordinary policy responses almost everywhere. The looming economic fallout will be more severe than that of the Great Depression, the 2008 global financial crisis, and perhaps even the two world wars. After all, none of these previous epochal crises involved a simultaneous global collapse of both demand and supply, with little certainty of how long the sudden stop would persist
13 апреля 2020 5 мин. 13873
NEW DELHI – Pandemics like COVID-19, alarming and destructive as they are, can serve a useful purpose if they remind everyone of the critical importance of public health
17 марта 2020 5 мин. 5959
NEW DELHI – Around the world, governments are succumbing to the allure of biometric identification systems. To some extent, this may be inevitable, given the burden of demands and expectations placed on modern states. But no one should underestimate the risks these technologies pose
17 февраля 2020 5 мин. 22165
NEW DELHI – On January 5, masked men and women stormed the New Delhi campus of Jawaharlal Nehru University (JNU), where I am a professor, and attacked the students and faculty they found there with sticks, iron rods, and scythes. The university administration, security guards, and local police not only failed to protect the innocent victims of this rampage, which included vandalism and trespassing, in addition to the violence; they watched and were complicit in the assault. This is Prime Minister Narendra Modi’s India
16 января 2020 5 мин. 8192
NEW DELHI – Injustice, discrimination, and violence are hardly unheard of in India. But today, they are being normalized, enabled, and even encouraged by the state, which is promoting an aggressive form of Hindu nationalism that looks increasingly like mob rule. India’s diversity and complex civilizational legacy are now under assault, and it is shaking the very foundations of Indian democracy
12 декабря 2019 5 мин. 6243
NEW DELHI – The dangers of environmental pollution receive a lot of attention nowadays, particularly in the developing world, and with good reason. Air quality indices are dismal and worsening in many places, with India, in particular, facing an acute public-health emergency. But as serious as the pollution problem is, it must not be allowed to obscure another incipient environmental catastrophe, and potential source of future conflict: lack of access to clean water
14 ноября 2019 5 мин. 5411
Страницы:
It is difficult to see any winners in the ongoing war caused by Russia’s irrational and devastating invasion of Ukraine
12 марта 2022 5 мин. 37339
NEW DELHI – The main factor limiting the global recovery is not the much-discussed increase in inflation in advanced economies, which is likely to be transient, but rather the massive inequalities between most rich countries and the rest of the world, with the exception of China
20 февраля 2022 5 мин. 34362
The latest report from the Intergovernmental Panel on Climate Change should terrify policymakers and ordinary people around the world
17 апреля 2022 5 мин. 26369
Many people around the world already consider the United Nations Climate Change Conference (COP26) in Glasgow a disappointment
18 ноября 2021 5 мин. 24574
NEW DELHI – Around the world, governments are succumbing to the allure of biometric identification systems. To some extent, this may be inevitable, given the burden of demands and expectations placed on modern states. But no one should underestimate the risks these technologies pose
17 февраля 2020 5 мин. 22165
Globally, the richest 10% of the population is responsible for more than half of all CO2 emissions
19 декабря 2021 5 мин. 16295
NEW DELHI – The COVID-19 pandemic has thrust the entire world – rich and poor – into uncharted territory, prompting extraordinary policy responses almost everywhere. The looming economic fallout will be more severe than that of the Great Depression, the 2008 global financial crisis, and perhaps even the two world wars. After all, none of these previous epochal crises involved a simultaneous global collapse of both demand and supply, with little certainty of how long the sudden stop would persist
13 апреля 2020 5 мин. 13873
NEW DELHI – At the United Nations General Assembly meetings in New York later this month, world leaders will discuss a host of important issues – not least progress toward meeting the UN’s 17 Sustainable Development Goals. And some of the SDGs are highly topical, including those on climate action, decent work and economic growth, quality education, and partnerships to achieve the goals
18 сентября 2019 4 мин. 10871
NEW DELHI – The process of selecting the International Monetary Fund’s next managing director must change. In particular, the tradition of choosing a European for the post – based on an unfair and anachronistic “gentlemen’s agreement” reached with the United States when the institution was established 75 years ago – needs to be discarded. But even more important, the IMF’s longstanding approach to lending should be transformed
19 августа 2019 5 мин. 10528
Kim Stanley Robinson’s prescient science-fiction novel The Ministry for the Future begins with a stark description of a major heat wave in a northern Indian city that kills millions of people
21 мая 2022 5 мин. 10269
Kim Stanley Robinson’s prescient science-fiction novel The Ministry for the Future begins with a stark description of a major heat wave in a northern Indian city that kills millions of people
21 мая 2022 5 мин. 10269 Репостов в соцсетях: 55
It is difficult to see any winners in the ongoing war caused by Russia’s irrational and devastating invasion of Ukraine
12 марта 2022 5 мин. 37339 Репостов в соцсетях: 41
NEW DELHI – For some time now, multinational companies (MNCs) have been gaming the rules of the global economy to minimize their tax liability – or even eliminate it altogether. And for some time now, the Independent Commission for the Reform of International Corporate Taxation (ICRICT) has argued for the unitary taxation of MNCs. Fortunately, there have been some encouraging recent signs that the idea of a unitary tax is gaining traction
17 апреля 2019 5 мин. 9153 Репостов в соцсетях: 13
Confounding the grim prediction made by the British economist Thomas Malthus in 1798, the world currently produces more than enough food for a population that has increased almost tenfold since then
18 марта 2019 5 мин. 8184 Репостов в соцсетях: 5
Last year was a watershed for gender relations. The #MeToo movement rocked establishments around the world, forcing even powerful men to face public scrutiny for their behavior toward women
14 января 2019 5 мин. 7774 Репостов в соцсетях: 3
NEW DELHI – The process of selecting the International Monetary Fund’s next managing director must change. In particular, the tradition of choosing a European for the post – based on an unfair and anachronistic “gentlemen’s agreement” reached with the United States when the institution was established 75 years ago – needs to be discarded. But even more important, the IMF’s longstanding approach to lending should be transformed
19 августа 2019 5 мин. 10528 Репостов в соцсетях: 2
It’s now official: workers around the world are falling behind. The International Labor Organization’s (ILO) latest Global Wage Report finds that, excluding China, real (inflation-adjusted) wages grew at an annual rate of just 1.1% in 2017, down from 1.8% in 2016. That is the slowest pace since 2008
14 декабря 2018 5 мин. 7737 Репостов в соцсетях: 1
NEW DELHI – The American pharmaceutical company Pfizer and Germany’s BioNTech have announced that the COVID-19 vaccine they are jointly developing was more than 90% effective in early clinical trials. The news raised hopes around the world that life may soon return to pre-pandemic normal
18 ноября 2020 5 мин. 5898 Репостов в соцсетях: 0
NEW DELHI – Once again, emerging markets are on the capital-flows roller coaster – one no less dizzying for being so familiar. And once again, the highs and lows of financial-market swings in these economies are mostly generated by external forces, not national policies. But the possibility that even the smallest domestic mistake could send them into a tailspin still looms large
17 июня 2021 5 мин. 4559 Репостов в соцсетях: 0
NEW DELHI – At the United Nations General Assembly meetings in New York later this month, world leaders will discuss a host of important issues – not least progress toward meeting the UN’s 17 Sustainable Development Goals. And some of the SDGs are highly topical, including those on climate action, decent work and economic growth, quality education, and partnerships to achieve the goals
18 сентября 2019 4 мин. 10871 Репостов в соцсетях: 0

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25 мая родились
Данияр Акишев
экс-помощник первого президента Казахстана
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