In the News: Devashish Mitra
Mitra Weighs In on the US Supreme Court’s Tariff Ruling in Hindustan Times Article
“A prudent approach for India is to let uncertainties arising out of the SCOTUS ruling resolve themselves to the extent possible before finalizing the trade deal,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Federal, India, International Affairs, International Agreements, SCOTUS, Tariffs, Trade, United States
Mitra Article on Trump’s 2025 Trade Policy Published on Moneycontrol.com
“Completely ignored was the basic economics of trade deficits and surpluses, which says that trade balances are governed not really by trade policies but by macroeconomic conditions and policies,” says Devashish Mitra, professor of economics.
See related: Federal, International Affairs, Tariffs, Trade, United States
Mitra Quoted in LA Times Article on Costco Suing the Trump Administration to Reclaim Tariff Payments
“Whether Costco is successful through its lawsuit in getting compensated for the tariffs that it has already paid on its imports really depends on the Supreme Court’s decision on whether the president has the legal authority to impose tariffs,” says Devashish Mitra, professor of economics.
See related: Federal, International Affairs, SCOTUS, Tariffs, Trade, United States
Mitra Quoted in Wall Street Journal Article on Trump’s Trade War, Consumer Spending Habits
“Whether or not people will keep buying as much stuff is very hard to predict,” says Devashish Mitra, professor of economics. “Chinese goods might still be relatively cheaper than the alternatives.”
See related: Federal, Tariffs, Trade, United States
On Terms of Trade, Offshoring Ties, and the Enforcement of Trade Agreements
Co-authored by Professor of Economics Devashish Mitra, the study was published in the Journal of Economic Behavior & Organization.
Mitra Talks to Business Insider About Trump’s H-1B Visa Fee Hike
“Let's say a company offshores programming work to India, they would probably be paying a quarter of what they pay here, or even less,” says Devashish Mitra, professor of economics. “So even if the U.S. government taxes them 100% for what they're paying foreigners abroad, it's still going to work out well for the Big Tech companies.”
See related: Federal, International Affairs, Labor, United States
Mitra Quoted in New York Times Article on the US’s Relationship With India
“Right now, India feels that the U.S. is not a very reliable partner,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs. “They thought the U.S. was an ally. If India is moving towards China, it’s a friendship of convenience.”
See related: China, Federal, India, International Affairs, Russia, Tariffs, Trade, United States
Mitra Speaks With NPR and Reuters About Trump's High Tariffs on Indian Goods
“In the situation and climate President Trump has created, it won’t be surprising if both India and China find this a mutually beneficial transaction,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: China, Federal, India, International Affairs, Tariffs, Trade, United States
Mitra Weighs In on Trump’s Tariff Threats to India in The Guardian Article
“India did consider the U.S. an ally,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs. “It was a country that the U.S. was relying on as a counter to China in that region. So it had a huge geopolitical importance, but it doesn’t seem like Trump values any of that.”
See related: Federal, India, International Affairs, Tariffs, Trade, United States
Mitra Discusses Trump’s Import Tariffs in TIME Article
“The seductive rhetoric of Trump tariffs hides a combination of contradictions, wishful thinking, and superficial understanding of economics, which sells America a mirage and threatens to weaken the stability of the global trading system,” writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Federal, International Affairs, Tariffs, Trade, United States
Mitra Speaks With the Washington Post About Top Trump Officials Having Multiple Jobs
“It is always a bad idea to burden someone with multiple jobs, especially when at least one of those jobs is extremely important,” says Devashish Mitra, professor of economics.
See related: Federal, United States
Mitra Article on Trump’s Tariffs and India’s Domestic Trade Policy Published on Moneycontrol.com
“What happens to U.S. trade policy in the end might not finally matter so much for India’s exports. India’s own policies and institutions might be the real binding constraints,” says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Economic Policy, Government, India, International Affairs, Tariffs, Trade
Heterogeneous Capital Ownership, Partial Democracy and Political Support for Immigration
Co-authored by Professor of Economics Devashish Mitra, the paper was published in Economics Bulletin.
See related: Elections, Government
Centennial Celebration Honors Alumni, Students, Staff and Faculty for a ‘Century of Service’
The Maxwell School’s 100th anniversary celebration will be held on Oct. 18 in Goldstein Auditorium.
See related: Academic Scholarships, Awards & Honors, Centennial, School History
Mitra Discusses India's Job Crisis in Bloomberg Article
Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs, says India Prime Minister Narendra Modi hasn't been able to live up to his jobs promises due to stagnating exports, the slow implementation of labor reforms and insufficient education and training for new workers.
See related: Economic Policy, Government, India, Labor
Citizen Empowerment Through Land Reform
“Citizen Empowerment Through Land Reform,” co-authored by Professor of Economics Devashish Mitra, was published in the Journal of Comparative Economics.
See related: Economic Policy
Mitra Speaks with Ideas of India Podcast on Economic Growth in India and Related Challenges
See related: Economic Policy, India, Infrastructure, Labor, Trade
The Color of Coronavirus
“The Color of Coronavirus,” co-authored by Professor of Economics Devashish Mitra, was published in Southern Economic Journal.
See related: COVID-19, Longevity, Race & Ethnicity, United States
Mitra Piece on India's Development Policy Challenge Published by the 1991 Project
“While it [India] has acquired some economic and political heft in global affairs on account of its large economy, it must rapidly raise the economic fortunes of the average Indian. Its current demographic situation makes this necessary. It is crucial that the country find productive employment for its young and rapidly expanding labor force in a way that fulfills the aspirations of these new workers,” writes Devashish Mitra, professor of economics.
See related: Economic Policy, India, Infrastructure, Labor, Trade
Mitra Weighs In on the Issue of Wealth Taxation in India in Al Jazeera Article
Devashish Mitra, professor of economics, says that some wealth distribution “might not be a bad idea.” But, he adds, “it is a politically contentious issue, and there might be political problems in enacting any kind of means to redistribute wealth.’’
See related: Economic Policy, Elections, Government, India