September 22, 10.00 to 13.00
IC&SR Main Auditorium.
The economics of growth has been one of the most popular and
controversial fields of macroeconomics. But, the theory has faced
major criticism due to the failure of trickle down effect. Though
currently public policies focus on inclusive growth, decades of
emphasis on growth rate has seen inequality rise across the globe.
This economic inequality is said to manifest itself in the form of
social movements and conflicts.
Living in an era when Naxalism has raised its head once again and
being a witness to global movements like Occupy Wall street, the big
question that economics stream of ‘Negotiating Conflict 2012’ attempts
to answer is: ‘Can we establish a theoretical relationship between
economic inequality and social conflict?’. Dr Partha Gangopadhyay
(University of Western Sydney) talks about ‘Economics of Conflict: Its
Uses and Abuses’. Drawing from the political philosophy of Adam Smith
and concepts like Nash Equilibrium, he combines them with his own
findings to provide us with an insight into the field of Economics of
The conference also looks into the Indian model of growth and
inclusiveness.Prof. S Subramanian(Madras Institute Development
Studies) delivers a key note lecture on ‘Aspects of Growth and
Inclusiveness: The Indian Experience’. He focuses on India’s track
record on equality (or the lack of it) in aspects of private
consumption and distribution. The address looks into some of the
instrumental ills of inequality such as inefficiency, conflict and
poor health outcomes.
Check Schedule for more details.