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Jagdish N. Bhagwati

Senior Fellow for International Economics

Expertise

International trade; economic policy reforms; immigration.

Programs

Maurice R. Greenberg Center for Geoeconomic Studies

Featured Publications

Book

In Defense of Globalization

Author: Jagdish N. Bhagwati

An internationally renowned economist, Jagdish Bhagwati takes conventional wisdom—that globalization is the cause of several social ills—and turns it on its head. Properly regulated, globalization, he says, is the most powerful force for social good in the world.

See more in Economics, Global Governance

Book
Renewing America

Renewing America

Skilled Immigration Today

Authors: Jagdish N. Bhagwati and Gordon H. Hanson

While immigration reform usually refers to unskilled labor, skilled immigration requires different policy action. Bhagwati and Hanson bring together today's foremost immigration experts to examine the phenomenon.

See more in United States, Immigration

All Publications

Academic Module Author: Jagdish N. Bhagwati

These teaching notes, by CFR Senior Fellow Jagdish N. Bhagwati, feature discussion questions and additional projects for educators to supplement the book Skilled Immigration Today: Prospects, Problems and Policies. In this book, Professor Bhagwati and coauthor Gordon Hanson examine the causes and consequences of the international migration of skilled workers with a particular emphasis on the policy challenges confronting the governments in sending and receiving countries.

See more in United States, Immigration

Op-Ed
Renewing America

Renewing America

Running in Place on Trade

Author: Jagdish N. Bhagwati
Project Syndicate

Jagdish Bhagwati says that domestic politics in the United States and India has left America as the only stumbling block to progress in the Doha Round.

See more in Trade

Op-Ed
Renewing America

Renewing America

Protectionist Myths

Author: Jagdish N. Bhagwati
Project Syndicate

Jagdish Bhagwati says that the pessimism and despair that often overwhelms free traders today is unwarranted. The arguments of protectionists, new and old, are just so many myths that can be successfully challenged.

See more in Trade

Op-Ed

Don't Give It Currency

Authors: Jagdish N. Bhagwati and Arvind Panagariya
The Times of India

Jagdish N. Bhagwati and Arvind Panagariya argue that it is a mistake for India to join the United States in "China bashing" over the value of the renminbi. With its savings rate high and rising, India too could run into the Chinese "problem" of a current account surplus.

See more in Emerging Markets, International Finance, Trade

Foreign Affairs Article

Banned Aid

Author: Jagdish N. Bhagwati

As the Zambian economist Dambisa Moyo argues, the concept of foreign aid is flawed -- not just because corrupt dictators divert aid for nefarious or selfish purposes but also because even in reasonably democratic countries, aid creates perverse incentives and unintended consequences.

See more in United States, Foreign Aid

Op-Ed

A Thoughtless Tax

Authors: Jagdish N. Bhagwati and Arvind Panagariya
The Times of India

Proposals that any carbon tax in developing countries which falls below the one in the developed countries should be offset through other means like border taxes spring from fears that have no basis in economic analysis, write Jagdish Bhagwati and Arvind Panagariya.

See more in Trade, Climate Change, WTO

Op-Ed

Legal Trade Barriers Must Be Kept in Check

Authors: Jagdish N. Bhagwati and Arvind Panagariya
Financial Times

Jagdish N. Bhagwati and Arvind Panagariya argue that legal protectionism used indiscriminately could undermine the liberal trading system. When exhortation does not work, the threat of retaliation is needed to deter such protectionism.

See more in Trade

Op-Ed

Check It

Author: Jagdish N. Bhagwati
The New Republic

Jagdish Bhagwati argues that the Employee Free Choice Act is a free trade compatible approach to dealing with the stagnation in workers' real wages.

See more in Labor, Trade, Congress