India’s Search for Prosperity: Is Modi on the Right Track?

ijay Joshi is Emeritus Fellow of Merton College, Oxford. His main areas of interest are Macroeconomics, International Economics and Development Economics, and he has published widely in these fields in scholarly journals and elsewhere. His most recent book is India’s Long Road – The Search for Prosperity (Penguin Random House, New Delhi, 2016 and Oxford University Press, New York, 2017). His previous books (jointly with I.M.D. Little) include India’s Economic Reforms 1991-2001, (Oxford University Press, 1996) and India – Macroeconomics and Political Economy 1964-1991, (World Bank and Oxford University Press, 1994).

His non-academic appointments have included Economic Adviser, Ministry of Finance, Government of India, and Special Adviser to the Governor, Reserve Bank of India. He was a director of the J.P.Morgan Indian Investment Trust from 1996 to 2012. He has also worked as a consultant to various international organizations, including the World Bank.

This talk will outline the contours of a radical reform agenda for the Indian economy and assess the performance of the Modi government in its first three years.