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Western economies can learn from India, says Nobel laureate Amartya

 

PTI | Oxford, UK, June 4, 2011 13:15
Tags : Noble laureate Amartya Sen | renowned economist | West economic crisis | Oxford | Sanjaya Lall Visiting Professorship of Business and Development | Said Business School of the University of Oxford university | Nelson Mandela Lecture Hall | Martin Wolf of the Financial Times | Robert Wade | professor of Political Economy andDevelopment | London School of Economics |
 

At a time when several economies in the West are facing severe economic crisis, Nobel laureate Amartya Sen believes that they can learn from countries such as India and China which are witnessing rapid economic growth.

Launching the Sanjaya Lall Visiting Professorship of Business and Development at the Said Business School of the University of Oxford, Sen said at a panel discussion last evening that there was much that the developing countries could contribute at the 'level of ideas' to ongoing economic debates in the western world.

The Nelson Mandela Lecture Hall in the Said Business School was packed to capacity, including leading economists from Oxford, London and students.

The panel led by Sen included Martin Wolf of the Financial Times, and Robert Wade, professor of Political Economy and Development at the London School of Economics.

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Issue Dated: Feb 5, 2017