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Kaushik Basu

Kaushik Basu

Writing for PS since 2002
103 commentaries

Kaushik Basu, a former chief economist of the World Bank and chief economic adviser to the Government of India, is Professor of Economics at Cornell University and a non-resident senior fellow at the Brookings Institution.

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  1. Britain’s Now-or-Never Moment
    basu103_Ian ForsythGetty Images_polling station uk Ian Forsyth/Getty Images

    Britain’s Now-or-Never Moment

    Jul 4, 2024 Kaushik Basu explains why increased public infrastructure investment is needed to improve the country’s economic prospects.

  2. A Plea for Political Economy
    basu102_Jeff GritchenMediaNews GroupOrange County Register via Getty Images_shippingcontainers Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images

    A Plea for Political Economy

    May 31, 2024 Kaushik Basu thinks understanding recent technological advances requires economists to revive an old tradition.

  3. Globalization vs. Democracy
    basu101_Alfonso Sangiao iStock Getty Images Plus_voting Alfonso Sangiao/iStock / Getty Images Plus

    Globalization vs. Democracy

    Apr 19, 2024 Kaushik Basu highlights the contradictions and vulnerabilities inherent in the current international order.

  4. The Economic Consequences of Legal Behavior
    basu100_David Dee DelgadoGetty Images_newyork David Dee Delgado/Getty Images

    The Economic Consequences of Legal Behavior

    Mar 15, 2024 Kaushik Basu highlights the potential benefits of emphasizing adherence to the spirit of laws, if not their letter.

  5. Economic Possibilities for Our Overworked Grandchildren
    basu99_Spencer PlattGetty Images_tax wealth Spencer Platt/Getty Images

    Economic Possibilities for Our Overworked Grandchildren

    Feb 21, 2024 Kaushik Basu shows how it is possible to redistribute income from the rich to the poor without undermining individual incentives.

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    Supporting Sexual and Reproductive Health Is Good Business

    Natalia Kanem argues that investing in employees’ well-being will help companies attract and retain top talent.
  2. patten167_Ricky VigilGetty Images_keirstarmer Ricky Vigil/Getty Images
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    Can Democracy Win in 2024?

    Chris Patten highlights the challenges mainstream parties face as they try to boost growth and improve public services.
  3. pisaniferry147_EMMANUEL DUNANDAFP via Getty Images_frenchelection Emmanual Dunand/AFP via Getty Images
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    Finding a New French Majority

    Jean Pisani-Ferry assesses what must happen to form a stable government after an election that produced a hung parliament.
  4. rodrik211_Xu WeijieVCG via Getty Images_chinashipbuilding Xu Weijie/VCG via Getty Images
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    Industrial Policy Is Back. Now What?

    How to design effective industrial policies has suddenly become a hot – and divisive – topic among economists and policymakers. Even those who agree that governments should intervene in the economy to bolster productivity, increase competitiveness, and tackle social and environmental challenges differ sharply on the details.

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    The Big Picture

    PS editors
  6. op_stiglitz7_Elizabeth ServatynskaSuspilne UkraineJSC UAPBCGlobal Images Ukraine via Getty Images_ukrainereconstruction Elizabeth Servatynska/Suspilne Ukraine/JSC/ UAPBC/Global Images Ukraine via Getty Images
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    The Way Forward for Ukraine’s Economy

    Joseph E. Stiglitz & Andrew Kosenko

    With sufficient assistance from the West, Ukraine will prevail over its much larger and richer authoritarian neighbor. But to enjoy the fruits of victory, it will have to move faster in its transition from a post-communist oligarchy, while being careful to resist the siren call of free-market fundamentalism.

     offer a roadmap for guiding the country's recovery and reconstruction during and after the war.
  7. robinson18_Alexis RosenfeldGetty Images_biodiversity Alexis Rosenfeld/Getty Images
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    Rich Countries Must Meet Their Biodiversity Financing Pledges

    Mary Robinson urges international policymakers to use the upcoming COP16 summit to close the nature-finance gap.
  8. sstokes4_Scott OlsonGetty Images_trump Scott Olson/Getty Images
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    Inequality Spurs Democratic Backsliding

    Susan Stokes shows that countries with fairer economies are less likely to succumb to authoritarian populism.
  9. rajan93_cienpiesGetty Images_inflation cienpies/Getty Images
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    Bracing for a More Inflationary World

    Raghuram G. Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term.

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