Ideas to Action:

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CGD Policy Blogs

 

Congratulations, Arvind Subramanian

This morning (Thursday) came the news that Arvind Subramanian, a joint fellow at CGD and at the Peterson Institute for International Economics, is being appointed Chief Economic Advisor to the government of India. This appointment (for our American readers), is more or less equivalent to being the head of the US President’s Council of Economic Advisors. The current Chief Economist of the World Bank, Kaushik Basu, is a former CEA in India, and the current head of India’s Reserve Bank, Raghuram Rajan is a former CEA. (In Arvind’s case, I dearly hope he will be back at CGD—and yes PIIE—here in Washington within a few years.)

The Economic Consequences of Professor Amartya Sen

This post originally appeared in the Business Standard.

This United Progressive Alliance (UPA) government is heading into the tenth and possibly last year of office, a tenure whose crowning achievement might well be the Food Security Bill. One may fault this government for incompetence, corruption, and delayed action but it cannot be faulted for lacking a vision. There has been an overarching idea that underlies many of its economic policies: namely, that the poor and underprivileged in society must be empowered by conferring them with new rights - to work, education, food, and presumably, all basic needs.

CGD’s Understanding India Initiative Launches in New Delhi

The audience in New Delhi, India clung to their seats well past the scheduled end of the program at the recent launch of CGD’s Understanding India Initiative. India’s minister for rural development (and former minister for the environment) Jairam Ramesh, presided over the event, which was organized and hosted by Pratap Mehta (president of the Center for Policy Research and non-resident CGD fellow CGD). Among participants was Nandan Nilekani, head of the Unique Identification Authority of India (who we look forward to welcoming to Washington when he delivers the 2013 Sabot Lecture); prominent academics, and the India-based representatives of foreign development assistance institutions.