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Press Room

Research
In “Hindutva, Economic Neoliberalism and the Abuse of Economic Statistics in India,” Jayati Ghosh describes how, at first sight, Prime Minister Modi’s unabashedly pro-big capital agenda could seem contradictory to his politics of hatred that severely disrupt economic growth. However, the ability of the government to persuade the public that the economy is doing well serves the neoliberal agenda by taming the resentment of the poor and enabling further concentration of wealth. The manipulation and/or destruction of the statistical system are decisive to the Modi government’s project.
Commentary

A Non-Performing Code for Bad Debt

Commentary, June 2021 |

C.P. Chandrasekhar, Jayati Ghosh
Research

Economics and the Left: Interviews with Progressive Economists

Book, September 2021 |

Michael Ash, James K. Boyce, Jane D'Arista, Gerald Epstein, Nancy Folbre, Jayati Ghosh, Leonce Ndikumana, Robert Pollin, C.J. Polychroniou
Commentary

The Inadequate Food Safety Net

Commentary, June 2021 |

Jayati Ghosh, C.P. Chandrasekhar
Research

How China Escaped Shock Therapy: The Market Reform Debate

Routledge Press

Book, May 2021 |

Isabella Weber
China has become deeply integrated into the world economy, but the country’s swift ascent in recent decades was never a forgone conclusion. Reformers after Mao’s death in 1976 agreed to move China towards marketization, but they struggled over the right approach. PERI researcher Isabella Weber’s new book How China Escaped Shock Therapy uncovers the fierce reform debate that shaped China’s path, offering a novel perspective on the origins of China’s distinctive economic model. Weber provides an unprecedented look at the economic policies that supported the country’s rise without leading to wholesale assimilation to global neoliberalism.
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