Jagdish Bhagwati

Jagdish Bhagwati, born on July twenty-six, nineteen thirty-four, is a distinguished Indian-born naturalized American economist and trade theorist. He serves as a University Professor of economics and law at Columbia University, where he has made significant contributions to international trade theory and economic development. His expertise has earned him a prominent position as a Senior Fellow in International Economics at the Council on Foreign Relations.

Throughout his illustrious career, Bhagwati has been recognized for his academic excellence, including having a chair named in his honor while still teaching at Columbia. He is one of only ten scholars to hold the prestigious title of University Professor at the university, a testament to his impact in the field of economics.

Bhagwati's accolades include the Order of the Rising Sun, the Padma Vibhushan, the Frank Seidman Distinguished Award in Political Economy, and the Freedom Prize of Switzerland. His contributions to the field have not gone unnoticed, with the Financial Times in two thousand fourteen labeling him as 'one of the most outstanding economists of his generation never to have won the Nobel Prize.'

This sentiment is echoed by his peers, including Nobel Prize-winning economist Paul Krugman, who emphasized the clarity Bhagwati brought to understanding the relationship between distortions in a trading economy and policy. Krugman stated, 'Once he did, it became so clear that it was hard to believe that someone had to point it out. In my view, that makes his work Nobel-worthy.'