LSE Asia Research Centre Seminar
Monday, 14 June 2010, 3-4.30pm, Room S221, St Clements Building, LSE
Speakers: Professor Dilip Nachane, ESRC-ICSSR Fellow at the Asia Research Centre LSE and Hon. Sr. Fellow at the ISAS, NUS, Singapore
Chair: Professor Pranab Bardhan, BP Centennial Professor, London School of Economics, 2010 and 2011
There is a strong undercurrent in Western liberal philosophy, which views capitalism and democracy as inseparable and mutually reinforcing, through a common system of values relating to the sanctity of individual freedom and private property, a distrust of government and a recognition of the inherent self-subscribing rationality of human behaviour. Apart from this direct link between democracy and free markets, in recent years an indirect link has also been posited (especially in view of the remarkable success of market-oriented reforms in several LDCs & EMEs) between free markets, high economic growth rates, social welfare, civil rights and democratization. We try to demonstrate in this paper that these links are far more tenuous than usually supposed, using the Indian liberalization experience as a case study.
Prof Dilip Nachane is currently ESRC-ICSSR Fellow at the LSE and Hon. Sr. Fellow at the ISAS, NUS, Singapore. He has held a number of distinguished positions in his career including Director of the Indira Gandhi Institute of Development Research, Mumbai, India (2007-2010), Director, Department of Economics, University of Mumbai (1993-1999) and Hon. Director, Western Regional Centre (Indian Council of Social Science Research) (1999-2003). He has also lectured at a number of universities in UK, Europe and North America including the University of British Columbia (Canada), University of Zurich (Switzerland), University of Ulster, University of Magdeburg (Germany) etc. He has also been a Sr. Hallsworth Fellow at the University of Manchester (UK), a Fulbright Fellow at the University of Texas at Austin (US) and Jean Monnet Fellow at the European University Institute (Florence, Italy). He has published several books and research articles in the areas of Econometric Theory, Banking & Finance, Macroeconomics, Development Economics etc. He is also currently a member of the Reserve Bank of India’s Technical Advisory Committee on Monetary Policy.
Registration
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