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Jagdish N. Bhagwati

University Professor
School: 
School of the Arts
Department: 
Business, International and Public Affairs, Economics
Office: 
828 International Affairs Building, MC 3308
Email: 
jb38@columbia.edu
Phone: 
212-854-0439
Fax: 
212-854-7946
Appointments
  • Senior Fellow, International Economics at the Council on Foreign Relations (CFR)
  • Co-chair, Eminent Persons Group on Developing Countries in the World Economy.
Biography

Jagdish Bhagwati is University Professor at Columbia University and Senior Fellow for International Economics at the Council on Foreign Relations (CFR). He has been economic policy adviser to Arthur Dunkel, director-general of GATT (1991–93), special adviser to the UN on globalization, and external adviser to the WTO. He has served on the expert group appointed by the director-general of the WTO on the future of the WTO and the advisory committee to Secretary-General Kofi Annan on the NEPAD process in Africa, and was also a member of the Eminent Persons Group under the chairmanship of President Fernando Henrique Cardoso of Brazil on the future of UNCTAD. Currently, he is co-chair with President Halonen of Finland of the Eminent Persons Group on Developing Countries in the World Economy.

Professor Bhagwati is described as the most creative international trade theorist of his generation and is a leader in the fight for freer trade. His most recent book Termites in the Trading System (Oxford University Press, 2008) discusses the deleterious effects of preferential trading agreements. His previous book In Defense of Globalization (Oxford University Press, 2004) attracted worldwide acclaim. Five volumes of his scientific writings and two of his public policy essays have been published by MIT press. The recipient of six festschrifts in his honor, he has also received several prizes and seventeen honorary degrees, and awards from the governments of India (Padma Vibhushan) and Japan (Order of the Rising Sun, Gold and Silver Star).

Professor Bhagwati writes frequently in major newspapers and magazines worldwide and has reviewed for the New York Times Book Review, Wall Street Journal, Foreign Affairs, The New Republic, and Times Literary Supplement. He has also appeared on TV shows including MacNeil/Lehrer NewsHour, Charlie Rose Show, BBC News, CNN, and Bloomberg Television.

A native of India, Professor Bhagwati attended Cambridge University where he graduated in 1956 with a first in Economics Tripos. He then continued to study at MIT and Oxford returning to India in 1961 as professor of economics at the Indian Statistical Institute and then as professor of international trade at the Delhi School of Economics. He returned to MIT in 1968, leaving it twelve years later as the Ford International Professor of Economics to join Columbia. He is married to Padma Desai, the Gladys and Ronald Harriman Professor of Comparative Economic Systems at Columbia University and a scholar of Russian and other former socialist countries’ transition problems. They have one daughter, Anuradha Kristina.

Research & Other Works
Book
Termites in the Trading System

Oxford University Press, 2008

Article
Why Doha Is Inescapable
Article
The Pure Theory of International Trade
Article
Indian Economic Policy / The Crisis of Indian Planning
Article
Trade, Balance of Payments and Growth
Article
Sovereignty at Bay: The Multinational Spread of U.S. Enterprises
Article
General Equilibrium Theory and International Trade
Article
Studies in the Pure Theory of International Trade
Article
Trade Policy and Economic Welfare
Article
International Trade and Finance
Article
The Brain Drain: Determinants Measurement and Welfare Effects
Article
Trade in Place of Migration
Article
Import Competition and Response/The Newly Industrializing Countries: Trade and Alignment
Article
Wheel of Fortune
Article
Manufacturing Matters: The Myth of the Postindustrial Economy
Article
Facing the Japanese Challenge
Article
The Jeep That Couldn't
Article
Behind the Green Card
Article
Defense Mechanisms
Article
Influence Meddling
Article
Roots of Neglect - The Child and the State in India by Myron Weiner Princeton
Article
Jumpstarting GATT
Article
Philosophy of Reich
Article
It's the Process, Stupid
Article
Rough Trade
Article
Beyond NAFTA: Clinton's Trading Choices
Article
The Case for Free Trade
Article
Correspondence
Article
India's Economic Strides
Article
Shock Treatments
Article
In Defense of the Other Side
Article
Democracy and Development
Article
Correspondence
Article
Correspondence
Article
Correspondence
Article
Fear Not
Article
Fast Track to Nowhere
Article
India's Economic Reforms: 1991-2001 / India: Economic Development and Social Opportunity
Article
The Explanation
Article
Correspondence
Article
It's a Small World After All
Article
Bookshelf: A Close Look at the Newest Newcomers
Article
Globalization in Your Face
Article
Globalization: A Moral Imperative
Article
No Magic Bullet
Article
Breaking the Borders
Article
Ten Years Ago in FP
Article
Do Multinational Corporations Hurt Poor Countries?
Article
Disappointment at Potsdam
Article
Reflections on Climate Change and Trade
Article
The Age of Flux
Article
Check It
Article
The Great Trade Debate
Article
"PM Needs Economists Who Are Down on the Ground, Not Famous and Ageing Superstars''
Article
Futurama
Article
The Diminished Giant Syndrome
Article
Samurais No More
Article
The Capital Myth
Article
Letters to the Editor
Article
Globalization in Your Face: A New Book Humanizes Global Capitalism: Review Essay
Article
Coping with Antiglobalization
Article
Borders Beyond Control
Article
Don't Cry for Cancun
Article
Banned Aid: Why International Assistance Does Not Alleviate Poverty: Review Essay
Article
Non-Economic Objectives and the Efficiency Properties of Trade
Article
Domestic Distortions, Tariffs, and the Theory of Optimum Subsidy: Some Further Results
Article
The Heckscher-Ohlin Theorem in the Multi-Commodity Case
Article
Shadow Prices for Project Selection in the Presence of Distortions: Effective Rates of Protection and Domestic Resource Costs
Article
The Gains from Trade Once Again
Article
Oligopoly Theory, Entry-prevention, and Growth
Article
The Theory of Wage Differentials: Production Response and Factor Price Equalisation
Article
The International Monetary System: Issues in the Symposium
Article
Education, Class Structure, and Income Equality
Article
The General Equilibrium Theory of Effective Protection and Resource Allocation
Article
Smuggling and Trade Policy
Article
The Brain Drain, International Integration of Markets for Professionals and Unemployment: A Theoretical Analysis
Article
What Do Commissars Do?
Article
Socialism and Indian Economic Policy
Article
Foreign Capital, Dependence, Destabilisation and Feasibility of Transition to Socialism
Article
Welfare-Theoretical Analyses of the Brain Drain
Article
Domestic Distortions, Imperfect Information, and the Brain Drain
Article
Alternative Policy Rankings in a Large, Open Economy with Sector-specific, Minimum Wages
Article
Optimal Trade Policy and Compensation under Endogenous Uncertainty: The Phenomenon of Market Disruption
Article
Market Disruption, Export Market Disruption, Compensation, and GATT Reform
Article
Education in a "Job Ladder" Model and the Fairness-in-Hiring Rule
Article
Three Alternative Concepts of Foreign Exchange Difficulties in Centrally Planned Economies
Article
International Migration of the Highly Skilled: Economics, Ethics and Taxes
Article
National Welfare in an Open Economy in the Presence of Foreign-owned Factors of Production
Article
Tariff Change, Foreign Capital, and Immiserization: A Theoretical Analysis
Article
Alternative Theories of Illegal Trade: Economic Consequences and Statistical Detection
Article
Tax Policy in the Presence of Emigration
Article
Introduction
Article
The Welfare Consequences of Directly Unproductive Profit-Seeking (DUP) Lobbying Activities: Price versus Quantity Distortions
Article
Lobbying, DUP Activities, and Welfare: A Response to Tullock
Article
On the Choice Between Capital and Labour Mobility
Article
Postscript
Article
On Transfer Paradoxes and Immiserizing Growth: Part I
Article
The Generalized Theory of Transfers and Welfare: Bilateral Transfers in a Multilateral World
Article
DUP Activities and Economic Theory
Article
On Transfer Paradoxes and Immiserizing Growth: Part II
Article
A Rejoinder
Article
The West German Gastarbeiter System of Immigration
Article
Protectionism: Old Wine in New Bottles
Article
Religion as DUP Activity
Article
Introduction
Article
Ideology and North-South Relations
Article
Quid Pro Quo Foreign Investment and Welfare: A Political-Economy-Theoretic Model
Article
Export-promoting Trade Strategy: Issues and Evidence
Article
Poverty and Public Policy
Article
Export-promoting Protection: Endogenous Monopoly and Price Disparity
Article
United States Trade Policy at the Crossroads
Article
The International Trading System
Article
The Threats to the World Trading System
Article
Regionalism versus Multilateralism
Article
Free Trade: Old and New Challenges
Article
Trade Liberalisation and "Fair Trade" Demands: Addressing the Environmental and Labour Standards Issues
Article
The Theory of Preferential Trade Agreements: Historical Evolution and Current Trends
Article
The Watering of Trade
Article
Will Free Trade with Political Science Put Normative Economists out of Work?
Article
The Global Age: From a Sceptical South to a Fearful North
Article
Necessarily Welfare-enhancing Customs Unions with Industrialization Constraints: The Cooper-Massell-Johnson-Bhagwati Conjecture
Article
The Capital Myth: The Difference Between Trade in Widgets and Dollars
Article
After Seattle: Free Trade and the WTO
Article
Anti-Globalization: Why?
Article
Remembering Charlie
Article
Why Multinationals Help Reduce Poverty
Article
Why the Critics of Globalization Are Mistaken
Article
Distressed Workers: What Has Globalization to Do with It?
Article
Does the U.S. Need a New Trade Policy?
Article
Preface for Symposium on Globalization and the Brain Drain in the Journal of Development Economics, 2010
Article
Foreign Ownership and the Theory of Trade and Welfare
Article
Revenue Seeking: A Generalization of the Theory of Tariffs--a Correction
Article
Directly Unproductive, Profit-seeking (DUP) Activities
Article
International Trade and Economic Expansion
Article
More on the Equivalence of Tariffs and Quotas
Article
Concluding Remarks
Article
Foreign Trade
Article
Agriculture
Article
Planning Theory and Techniques
Article
Planning Theory and Techniques
Article
Contributions to Indian Economic Analysis: A Survey
Article
Optimal Policies and Immiserizing Growth
Article
Exchange Control, Liberalization, and Economic Development
Article
On Reanalyzing the Harris-Todaro Model: Policy Rankings in the Case of Sector-Specific Sticky Wages
Article
The "Stationarity" of Shadow Prices of Factors in Project Evaluation, with and without Distortions
Article
The Global Correspondence Principle: A Generalization
Article
Quid Pro Quo Foreign Investment
Article
Time for a Rethink
Article
Whither the Global Negotiations?
Article
Economic policy in the public interest
Article
The Generalized Theory of Transfers and Welfare: Bilateral Transfers in a Multilateral World
Article
The Theory of Preferential Trade Agreements: Historical Evolution and Current Trends
Article
Trade and Poverty in the Poor Countries
Article
Markets and Morality
Working paper
Organized Retailing in India: Issues and Outlook
Working paper
The Global Age: From a Skeptical South to a Fearful North
Working paper
Preferential Trading Areas and Multilateralism: Strangers, Friends or Foes?
Working paper
Trade and Wages: A Malign Relationship?
Working paper
Democracy and Development: New Thinking on an Old Question
Working paper
US Trade Policy: The Infatuation with FTAs
Working paper
The WTO's Agenda: Environment and Labour Standards, Competition Policy and the Question of Regionalism
Working paper
Globalization, Sovereignty, and Democracy
Working paper
US Trade Policy: Successes and Failures
Working paper
Trade and the Environment: Does Environmental Diversity Detract from the Case for Free Trade?
Working paper
The WTO: What Next?
Working paper
Trade and Wages: Choosing among Alternative Explanations
Working paper
Intraindustry Trade and Theory
Working paper
Threats to the world Trading System: Income Distribution and the selfish Hegemon
Working paper
Necessarily Welfare-Enhancing Customs Unions with Industrialization constraints: A proof of the Cooper-Massell-Johnson-Bhagwati Conjecture
Working paper
The Demands to Reduce Domestic Diversity among Trading Nations
Working paper
Freer Trade and Wages of the Unskilled: Is Marx Striking Again?
Working paper
Will Free Trade With Political Science Put Normative Economists Out of Work?
Working paper
Free Trade: Old and New Challenges
Presentation
Jagdish Bhagwati's Response
Article
Protectionism
Article
The Truth About Trade
Article
A Chance to Lift the "Aid Curse"
Article
Muddled and Maddening
Ambitions That Led to an Avalanche of Failure
Article
Great Expectations
Article
Reshaping the WTO
Article
. . . And a New Dawn for Immigrants
AFL-CIO Aims to Capture Congress on Financial, Not Intellectual, Grounds
Article
Technology, Not Globalization, Is Driving Wages Down
Article
Illegal Immigrants Deserve to Be Treated with Decency
Article
Foes of Free Trade Get a Foot in the Door
Fast-Track Renewal Could Lead to Tougher Demands on the Poor
Article
America's Bipartisan Battle Against Free Trade
Presentation
Fifty Years: Looking Back, Looking Forward
Article
Third World Intellectuals and NGOs Statement Against Linkage
Book chapter
Trade and Culture: America's Blind Spot
Review of Sachs-Varshney-Bajpai and Lal Books on India
Presentation
Globalization: The Question of "Appropriate Governance"
Presentation
Free Trade in the 21st Century: Managing Viruses, Phobias and Social Agendas
Presentation
Free Trade: Why AFL-CIO, the Sierra Club and Congressman Gephardt Should Like It
Article
The Seattle Fiasco: President Clinton's Failure or Triumph?
Article
What Really Happened in Seattle
Presentation
Play It Again, Sam: A New Look at Trade and Wages
Article
How Not to Get Trade Going
Article
Nike wrongfoots the student critics
Why Free Capital Mobility May Be Hazardous to Your Health: Lessons from the Latest Financial Crisis
Presentation
Moral Obligations and Trade
Letter to Foreign Affairs on Article by Jay Mazur
Letter from Professor Bhagwati to a Columbia University committee engaged in decision on the question of a living wage etc. . . .
Notes on Krugman's Article on Myth of Asian Miracle
Book chapter
Outward-Orientation and Development: Are Revisionists Right?
Article
Wanted: Jubilee 2010 Against Protectionism
Article
The Post-Nuclear Deterrent
Article
Washington’s Inevitable Tilt Towards New Delhi
Article
But Mr. Clinton, Globalization Has a Human Face
Letter to the Financial Times on Multilateral Agreement on Investment
Presentation
Economic Freedom: Prosperity and Social Progress
Presentation
Free Trade: What Now?
Presentation
The Miracle That Did Happen: Understanding East Asia in Comparative Perspective
Book chapter
Crony Capitalism: Rent-creating versus Profit-sharing Corruption
Article
Clinton in India: A Convergence but Not Quite Yet
Article
High Noon on China and the WTO
Article
Illegals in Our Midst: Getting Policy Exactly Wrong
Presentation
Comment on Borjas
Presentation
Regionalism and Multilateralism: WTO, MERCOSUR et al.
Article
El Norte
Article
A New Vocabulary for Trade
Article
Wise Aid
Presentation
Testimony Before the U.S. House of Representatives Committee on Financial Services Subcommittee on Domestic and International Monetary Policy, Trade, and Technology, April 1, 2003
Presentation
Globalization and Sweden
Book chapter
Secularism in India: Why Is It Imperiled?
Article
Religion in Public Space
Article
Political Will, Not Just Aid, Can Lift Africa out of Despair
Article
Multi-faith America Is No Theocracy
Article
The Muddles over Outsourcing
Article
Globalization and Germany: Wrong Fears and Right Responses
Presentation
Tribute to Otto von Lambsdorff
Article
Keeper of the Flame
Presentation
Testimony Before the U.S. Senate Committee on Finance, March 20, 2001
Article
Time to Bargain
Article
Shifting to High Gear
Article
In Defense of In Defense of Globalization
Article
Putting Politics Before Principles: Trade and Immigration Policies at Risk
Presentation
A Tribute to Professor Herbert Giersch on His 85th Birthday
Book chapter
Introduction: The Unilateral Freeing of Trade Versus Reciprocity
Article
Coping with Anti-Globalization
Article
A Deeply Flawed Report on Global Migration
Article
A Noble Effort to End Poverty, Bono, but It Is Misdirected
Article
Free Trade and Labour
Article
A Blend of Strong Measures Puts Trade Talks Back Together
Article
How to Resolve the Deadlock Holding Back World Trade Talks
Article
Fight the Phone Invasion at 30,000ft
Letter to the Financial Times on Intellectual Property Protection and Medicines
Letter to the Financial Times on Intellectual Property Protection
Article
An Opportunity for Democrats to Denounce Protectionism
Article
Wanted: New Rules to Transact the Business of International Agencies
Article
Trading for Development: Poor Countries Caveat Emptor
Presentation
Aid: Old Lessons and New Concepts
Presentation
Comment on Robert Lawrence's Paper at Kennedy School Conference
Article
The Byrd Amendment Is WTO-Illegal: But We Must Kill the Byrd with the Right Stone
Article
Mr. Bush's Immigration Blunder
Article
From Seattle to Hong Kong: Are We Getting Anywhere?
Article
Why Doha Is Inescapable
Presentation
Remarks by Jagdish Bhagwati at Columbia University Conference, "India: An Emerging Giant," New York, October 13, 2006
Article
Why Asia Must Opt for Open Regionalism on Trade
Presentation
In Defense of Globalization: It Has a Human Face
Article
Trade and Poverty in the Poor Countries
Article
Why the Trade Talks Collapsed
Presentation
The Critiques of Free Trade: A Refutation
Presentation
President Obama and Trade Policy
Presentation
U.S. Trade Policy: The China Question
Presentation
Why the Critics of Free Trade Are Mistaken
Presentation
Stockholm School Special Lecture on My Forthcoming Book: "Termites in the Trading System: How Preferential Trading Agreements Are Undermining Free Trade"
Presentation
Sovereign Wealth Funds and Implications for Policy
Presentation
Globalization
Article
Obama's Free-Trade Credentials Top Clinton's
Made in China
Presentation
Global Warming
Food Crisis and Agricultural Subsidies
Article
Doha: The Last Mile
Book chapter
What Makes Capitalism Work?
Book chapter
Overview of Issues
Climate Change, Trade, and Competitiveness: Is a Collision Inevitable?
Bhagwati's Thoughts on the Financial Crisis
Article
The Democrats' Dilemma: Choice between Loving Healthcare and Hating Trade
Article
The Selfish Hegemon Must Offer a New Deal on Trade
Article
How the Food Crisis Could Solve the Doha Round
Article
Defending Sweatshops
Article
BBC Postcard on the Financial Crisis
Article
Why the Critics of Globalization Are Mistaken
 
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