Academic experts on India discuss the nation's evolving rise of services during its economic transformation.
CHAIR: Mitul Desai, U.S. Department of State
Paper 6: Understanding India's Unique Growth Trajectory: The Role of Manufacturing in the Rise of the Service Sector, Rajeev Dehejia (NYU) and Arvind Panagariya
Discussant: Eric Verhoogen, Columbia
Bio
Rajeev Dehejia
Rajeev Dehejia is an associate professor of public policy at NYU. He has been on the faculty of the Department of Economics and The Fletcher School at Tufts University and of the Department of Economics and SIPA at Columbia, and has held visiting positions at Harvard, Princeton, and the London School of Economics. Rajeev is a Faculty Research Fellow of the National Bureau of Economic Research, and a Research Fellow at the InstitutzurZukunft der Arbeit (IZA). He is a coeditor of the Journal of Human Resources, and an Associate Editor of the Journal of Business and Economic Statistics and the Journal of the American Statistical Association. Rajeev's research spans econometrics, development economics, labor economics, and public economics, with a focus on empirical microeconomic policy research. His research interests include: econometric methods for program evaluation, financial development and growth, financial incentives and fertility decisions, moral hazard and automobile insurance, religion and consumption insurance, and the causes and consequences of child labor
Mitul Desai
Mitul Desai is Senior Advisor for Strategic Partnerships in the U.S. Department of State's South & Central Asian Bureau. In this capacity, he engages private sector, NGO, and diaspora organizations to build partnerships around a variety of issues impacting the region, including entrepreneurship, philanthropy, trade & technology. Mitul comes to government from the corporate arena, where he worked as an investment bank analyst, entrepreneur, and intellectual property attorney. Before joining the State Department, he was an entrepreneur in the international life sciences sector, and an equity research analyst at Piper Jaffray & Co., where he analyzed publicly traded companies for institutional investor clients. He began his post-law school career by practicing law as an associate at the New York offices of global law firms, and as a senior attorney at Merck & Co. He received his B.A. in chemistry and philosophy from Rutgers University, and his J.D. from the Boston University School of Law. From 2006-2011, Mitul was a term member of the Council on Foreign Relations.
Arvind Panagariya
Arvind Panagariya is the Jagdish Bhagwati Professor of Indian Political Economy and professor of economics at Columbia University's School of International and Public Affairs.
A leading authority on the economy of India, he has been the chief economist of the Asian Development Bank and has also work with the world Bank, IMF, WTO, and UNCTAD. He holds a PhD in Economics from Princeton.
According to Fareed Zakaria (editor of Newsweek International), Professor Panagariya has written "the definitive book on the Indian economy," in which he "puts to rest myths and settles debates with balance and fairness."
Eric Verhoogen
Eric Verhoogen is Associate Professor of International and Public Affairs and Economics. His main research area is industrial development - applied microeconomic research on firms in developing countries. This area overlaps with the fields of development economics, international trade, labor economics, and industrial organization. A recurrent theme in his work is the process of quality upgrading in the manufacturing sectors of developing countries - its causes, consequences, and broader implications. Verhoogen holds a BA from Harvard College (1991), an MA from the University of Massachusetts, Amherst (2001), and a PhD from the University of California, Berkeley (2004).
Rajeev Dehejia, associate professor of public policy at NYU, explores the link between growth in services and manufacturing sectors in the Indian economy.