Dr Sanghamitra Bandyopadhyay -Senior Lecturer in Economics at Queen Mary, University of London, and CGR Deputy Director- has published a new CGR working paper on “The Persistence of Inequality across Indian States”. Dr Bandyopadhyay organises the annual “Workshop on the Theory and Empirics of Inequality, Poverty, and Mobility” and, as she remarked in this year workshop, these are interesting times for researchers on inequality and development, with vibrant debates on inequality and poverty across academia and beyond. Not only have the recent works of Thomas Piketty and Tony Atkinson revived the public debate on inequality, but Angus Deaton received the Nobel Memorial Prize on Economic Sciences for his analysis on consumption, poverty, and Welfare.
The next Tuesday 28th of March, Prof Sushanta Mallick – CGR member and Professor of International Finance at the School of Business and Management, Queen Mary University of London– will deliver his Inaugural Lecture, examining how far the developing countries have come in their process of growth following the rapid pace of policy reforms in the 1990s. Prof Mallick makes a key distinction between trade and financial liberalisation, finding that many low-income countries have benefitted from trade openness in improving their pricing power in the global market place but there is a long way to go to achieve the degree of financial deepening or openness that exists in high-income countries.