Amartya Lahiri and Devashish Mitra on Trade and Manufacturing-Led Economic Growth in India
Release Date: 08/15/2024
Taking Stock of the Indian Economy with Prachi Mishra
Ideas of India
Today my guest is Prachi Mishra, who is a Professor in the Department of Economics, and Director and Head of Isaac Center for Public Policy at Ashoka University. Prior to joining Ashoka, Prachi was Chief of the Systemic Issues Division and Advisor in the Research Department at the International Monetary Fund. We spoke about the current state of the Indian economy, India’s growth trajectory, if the rupee is overvalued, India’s fiscal consolidation, and much more. We also spoke about Trade, but this episode was recorded before the big tariff announcements on April 2. ...
info_outline
Sajith Pai on India's Digital Divides
Ideas of India
Today my guest is , who is a Partner at , an early stage Indian venture fund. He is also a well known writer, and the author of the annual Indus Valley Report. We spoke about the trends in the latest Indus Valley Report, the stratifications in Indian consumer markets, investor sentiment, policies and infrastructure to foster the AI boom in India, the AI start-up scene and much more. Recorded March 6th, 2025. Read a enhanced with helpful links. Connect with Ideas of India Follow on X Follow on X Click for the latest Ideas of...
info_outline
Jasti Chelameswar on Constitutional Interpretation and Judicial Independence
Ideas of India
Today my guest is , who is a former justice of the Supreme Court of India. Prior to his elevation, he served as chief justice in High Courts in Gauhati and Kerala and as a justice in the Andhra Pradesh High Court. We spoke about his judgments on electoral qualifications, judicial conduct, transparency in judicial appointments, the constitutional right to privacy, separation of powers, and how dissent shapes constitutional interpretation, and much more. Recorded February 25th, 2025. Read a enhanced with helpful links. Connect with Ideas of India Follow on X...
info_outline
Akshay Jaitly on India's Energy Sector Challenges, Reforms, and Future Pathways
Ideas of India
Today my guest is , one of the founders of Trilegal, one of India’s leading law firms. He specializes in advising on energy and infrastructure projects. His research interests include power sector reform, the energy transition and public-private contracting. We talked about the top-down nature of electricity regulation and pricing in India, the dysfunctional DISCOMS, the reforms required for an energy transition towards renewables and nuclear energy, and much more. Recorded February 11th, 2025. Read a enhanced with helpful links. Connect with Ideas of India Follow on X...
info_outline
Christopher Coyne on War, Conflict, and the Quest for a Stable Peace
Ideas of India
Today my guest is , who is a Professor of at George Mason University, the Associate Director of the at the Mercatus Center. We talked about the economics of conflict and peace, history of the US security state, the US intervention in Afghanistan, domestic consequences of militarism abroad, and much more. Recorded January 15th, 2025. Read a enhanced with helpful links, or watch the . Connect with Ideas of India Follow on X Follow on X Click for the latest Ideas of India episodes sent straight to your inbox.
info_outline
Katherine Schofield on The Hidden History of Music in Mughal India
Ideas of India
Today my guest who is a professor of South Asian Music and History at King’s College London. She is the author of the recent book . She also hosted a on the same theme. We talked about the history of classical music in India - from Natyasastra to Dhrupad and to khayals and qawallis. about Aurangzeb’s relationship with music, the sacking of Delhiand it’s influence on hindustani classical music, the powerful tawaifs of that time, and much more. Recorded January 24th, 2025. Read a enhanced with helpful links. Connect with Ideas of India Follow on X...
info_outline
Anton Howes on Trade, Innovation, and the Forgotten History of Salt
Ideas of India
Today my guest is head of innovation research at The Entrepreneurs Network, and the historian-in-residence at the Royal Society for the Encouragement of Arts, Manufactures, and Commerce. He is the author of and the excellent Substack . We talked about salt trade in India, the Dutch culture of innovation, the Royal Society of Arts, endogenous versus O-ring theories of growth, why the Industrial Revolution took place in Britain, and much more. Recorded November 11th, 2024. Read a enhanced with helpful links. Connect with Ideas of India Follow on X...
info_outline
Anant Sudarshan on Market Solutions to Air Pollution, Energy Policy, and Ecological Disruption
Ideas of India
Today my guest is , an Associate Professor at the Department of Economics at the University of Warwick and a Senior Fellow at the Energy Policy Institute at the University of Chicago (EPIC). We talked about air pollution in India, crop burning, subsidizing electricity, depleting ground water, the impact of the collapse of keystone species and much more. Recorded November 25th, 2024. Read a enhanced with helpful links. Connect with Ideas of India Follow on X Follow on X Click for the latest Ideas of India episodes sent straight to your inbox....
info_outline
2024 in Review
Ideas of India
Today the roles are reversed. Producer Dallas Floer interviews Shruti for the annual end of year episode where they look back at key themes and episodes from the past year, address listener questions, discuss the job market series, and share some questions from previous guests. On behalf of Shruti and the entire Ideas of India team, thank you for listening to the podcast this year. We’re excited to bring you more episodes in 2025. Recorded November 26th, 2024. Read a enhanced with helpful links. Connect with Ideas of India Follow on X Click for the...
info_outline
Pravin Krishna on the Political Economy of Multilateral and Preferential Trade Agreements, Trade Liberalization, and the Future of Global Trade
Ideas of India
Today my guest is is the Chung Ju Yung Distinguished Professor of International Economics and Business at Johns Hopkins University, at the School of Advanced International Studies (SAIS) and Department of Economics. We talked about history of preferential trade agreements, India’s approach to trade liberalization, whether such agreements are trade creating or diverting, and much more. Recorded November 12th, 2024. Read a enhanced with helpful links. Connect with Ideas of India Follow on X Follow on X Click for the latest Ideas of India...
info_outlineToday my guests are Amartya Lahiri and Devashish Mitra who are joining me to discuss their latest paper for the 1991 project titled India’s Development Policy Challenge. Amartya Lahiri is the Royal Bank Research Professor in the Vancouver School of Economics at the University of British Columbia (UBC). Devashish Mitra the Gerald B. and Daphna Cramer Professor of Global Affairs at the Maxwell School of Citizenship and Public Affairs, Syracuse University. We spoke about structural transformation and increasing total factor productivity, manufacturing versus services led growth, industrial policy, export led growth, how to employ India’s youth in more productive sectors, and much more.
Recorded July 29th, 2024.
Read a full transcript enhanced with helpful links.
Connect with Ideas of India
Follow Shruti on X
Follow Amartya on X
Follow Devashish on X
Click here for the latest Ideas of India episodes sent straight to your inbox.
Timestamps
(00:00:00) - Intro
(00:01:27) - State of India’s Structural Transformation
(00:08:28) - Has India’s Growth Peaked?
(00:15:39) - Trade-, Export-, and Manufacturing-Led Growth
(00:27:50) - Manufacturing-Led or Services-Led Growth Model?
(00:47:16) - Scaling Manufacturing
(00:59:38) - Labor Productivity in India
(01:06:41) - Rising Protectionism
(01:19:44) - Monetary Policy and Trade Policy
(01:35:26) - Outro