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Devashish Mitra
Devashish Mitra is Professor of Economics and Cramer Professor of Global Affairs at the Maxwell School of Citizenship & Public Affairs, Syracuse University. He is a Fellow of the CESifo network and of the IZA, and also Research Professor at the Ifo Institute in Munich. He is Coeditor of Economics and Politics, and Associate Editor of the European Economic Review, Journal of Development Economics, Journal of International Economics, International Review of Economics and Finance and International Journal of Business and Economics. He is also on the editorial boards of the Review of International Economics, ISRN Economics and Economies. His research areas are international trade, political economy and development economics. His current research interests are at the interface of trade and labour. His work has been published in well-known journals like the American Economic Review, Review of Economics & Statistics, Economic Journal, Journal of International Economics, Journal of Development Economics etc. He holds a Ph.D. in Economics from Columbia University.
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Impact of labour regulations on Indian manufacturing sector
In this article, Devashish Mitra discusses structural bottlenecks in the Indian manufacturing sector such as labour market regulations and recent policy changes that incentivise capital-intensive production technologies, potentially restricting employment opportunities.
India's labour laws: Protecting to hurt
The state government of Rajasthan has begun making amendments to various labour laws in order to make labour markets more flexible. Summarising research on the impact of rigid labour laws on the growth of firms, Devashish Mitra argues that these steps are in the right direction. In his view, all outdated labour laws constraining India’s manufacturing need to be reformed.
क्या भारत में निर्यात-उन्मुख विनिर्माण मॉडल के दिन लद गए हैं?
भारत अपनी तेजी से बढ़ती कामकाजी उम्र की आबादी हेतु अच्छी तनख्वाह वाली लाखों नौकरियां सृजित करने की चुनौती का सामना कर रहा है, अतः देवाशीष मित्र विश्लेषण करते हैं कि कौन-से क्षेत्र और किस प्रकार की रणनीतियां अच्छी नौकरियां उपलब्ध करा सकती हैं। उनका मानना है कि निर्यात-उन्मुख विनिर्माण मॉडल को सफल बनाने में चार कारक सहायक हो सकते हैं- श्रम में सुधार; मुक्त व्यापार समझौतों पर हस्ताक्षर तथा उनका कार्यान्वयन और विशेष आर्थिक क्षेत्रों की स्थापना; और वैश्विक आपूर्ति श्रृंखलाओं में भागीदारी। इससे भारत को उत्पादक नौकरियां सृजित करने हेतु देश में उन्नत-प्रौद्योगिकी के साथ-साथ अपने श्रम का लाभ उठाने में सहायता मिलेगी।
Has the export-oriented manufacturing model reached its sell-by date for India?
As India faces the challenge of creating millions of well-paying jobs for its rapidly growing working-age population, Devashish Mitra analyses which sectors and what strategies can provide these good jobs. He posits that four factors can help the export-oriented manufacturing model succeed – further labour reforms; the signing and implementation of free trade agreements and establishing special economic zones; and participation in global supply chains. This will allow India to leverage its labour, along with advanced-country technology, to create productive jobs
Does the India-EU trade pact make sense for India? - I
During the 13th India-EU Summit in Brussels last month, leaders from both sides welcomed the re-engagement on the stalled India-EU Free Trade Agreement. In this article, Devashish Mitra, Professor of Economics at Syracuse University, argues that this trade pact is not a good idea from India’s point of view, and suggests a few alternatives to the current approach.
International trade, domestic labour laws and India’s manufacturing sector
India has a multitude of restrictive labour laws and these have been found to adversely affect economic performance of manufacturing firms. This column illustrates how the impact of trade liberalisation on the domestic manufacturing sector depends on labour laws. It contends that more flexible labour laws will enable India to compete better in global markets.
Impact of trade reforms on labour’s share of firm revenues
The decline in labour’s share of national income in recent decades – a potential cause of rising inequality – has coincided with an increase in world trade. This column analyses the impact of trade reforms in India on labour’s share of total revenue at the firm level. It finds that the share of labour has been rising with reforms for small, labour-intensive firms.