Featured Publications
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
Jagdish Bhagwati reveals how preferential trade agreements have recreated the unhappy situation of the protectionist 1930s, when world trade was undermined by discriminatory practices, and argues that the world trading system is definitely at risk again.
See more in International Finance
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
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Jagdish Bhagwati testifies before the Indian parliament about the impact of economic reforms made in the early 1990s, and the way forward.
See more in India, Economics
Jagdish Bhagwati argues that Indian policymakers should augment the economic reforms of the early 1990s, not reverse them as the misguided progressives urge.
See more in India, Economic Development
Jagdish Bhagwati compares the growth prospects of India and China.
See more in China, India, Economic Development, Emerging Markets
Jagdish Bhagwati makes the case for personal social responsibility instead of corporate social responsibility.
See more in Business and Foreign Policy
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
Jagdish Bhagwati discusses the effects of globalization on universities.
See more in Geoeconomics
Jagdish Bhagwati and Arvind Panagariya write that the provision raising visa fees on H1(b) and L-1 temporary work visas violates the WTO's non-discrimination rules.
See more in Trade, WTO, Immigration
Jagdish Bhagwati says that the 10th anniversary of the Millennium Development Goals should be an occasion for member states to contemplate new leadership.
See more in Economic Development
Jagdish Bhagwati says the service sector is no less technologically progressive or vital than manufacturing to an economy.
See more in Economic Development, Geoeconomics, Labor, Trade
Jagdish Bhagwati calls for increased domestic funding for NGOs in India.
See more in India, Geoeconomics, Non-Governmental Organizations
Jagdish Bhagwati says that U.S. policymakers' promotion of manufacturing comes at the expense of more innovative and dynamic service sectors.
See more in Geoeconomics, Industrial Policy
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
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
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
Jagdish Bhagwati says that in a new climate change protocol rich countries must accept a tort liability for past emissions. All countries should accept liability for current emissions, although grace periods could be granted to developing countries.
See more in Geoeconomics, Climate Change
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
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
The recession has added fuel to the debate over skilled-worker visas, including a recent congressional effort to create stricter rules. CFR's Jagdish Bhagwati says the United States should be welcoming skilled workers and other immigrants.
See more in North America, Immigration
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
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