hero image
Jayati Ghosh - University of Massachusetts Amherst. Amherst, MA, US

Jayati Ghosh

Professor of Economics | University of Massachusetts Amherst


Jayati Ghosh is one of India's best-known economists and a frequent commentator and writer about a wide range of issues.

Expertise (5)

Economics and the Developing World

Economy of India


Asian Political Economy

Gender and Care Work


A prolific columnist and commentator, Jayati Ghosh is of India's best-known economists with a wide range of research interests, including globalization, international trade and finance, employment patterns in developing countries, macroeconomic policy, issues related to gender and development, and the implications of recent growth in China and India. In 2021, Ghosh was appointed by United Nations Secretary General Antonio Guterres to a new high-level advisory board on effective multilateralism.

Social Media






Exclusive Interview: Renowned Economist Prof. Dr Jayati Ghosh on Global Health Financing Feminist Economics | Trailer Jayati Ghosh: Prices Soar as Corporate Profiteers, Speculators Drive Inflation; It Hurts the Developing World Ghosh: India's Elite Also To Blame For The Plight of The Poor During The Lockdown: Jayati Ghosh Pushing Urban Poor to Take Loans is Wrong, Govt Needs to Give Income Support Instead—Jayati Ghosh


Education (4)

University of Cambridge: Ph.D., Economics

University of Cambridge: M.Phil., Economics

Jawaharlal Nehru University: M.A., Economics

University of Delhi: B.A., Honours in Sociology

Select Recent Media Coverage (8)

Political Unrest Worldwide Is Fueled by High Prices and Huge Debts

The New York Times  print


Jayati Ghosh comments on global political unrest caused by high prices and huge debts. “Terrible things are happening even in countries where there aren’t protests, but protests kind of make everybody wake up,” she says.


view more

The World Is Undergoing “Significant Realignments”: Economist Jayati Ghosh on G20, India, China & More

Democracy Now!  online


In an interview about the G20 summit, India and China, Jayati Ghosh says the world is undergoing “significant realignments. ”Calling on world leaders to act on climate change and wealth inequality, she argues, “This G20 has done nothing for the major problems of our time.”

view more

Many young Indians say they haven't benefited from the economic growth Modi boasts of

NPR  radio


Jayati Ghosh says young people in India are not benefitting from the economic growth boasted about by the government. Ghosh says, “Our employment rate has been falling in a period when we’re supposed to growing, and that’s crazy. The recovery package after COVID was oriented to big business. It wasn’t for small and micro enterprises. It wasn’t for self-employed people. The top hundred companies account for 90% of the corporate profits.”

view more

Why It Seems Everything We Knew About the Global Economy Is No Longer True

The New York Times  print


“Financial globalization was supposed to usher in an era of robust growth and fiscal stability in the developing world,” said Jayati Ghosh, an economist at the University of Massachusetts Amherst. But “it ended up doing the opposite.”

Media Appearance Image

view more

Why do the rich get richer — even during global crises?

Al Jazeera  online


“The easy money policy that began after the global financial crisis led to really low to negative interest rates and big liquidity in the financial system,” Jayati Ghosh, professor of economics at the University of Massachusetts Amherst, told Al Jazeera. “So, in the past 15 years, corporations chose to reinvest the money into buying more financial assets chasing high returns, rather than increasing their production.”

Media Appearance Image

view more

Why a 1970s-style ‘stagflation’ crisis would hit the world’s poor hard

The Washington Post  print


Economist Jayati Ghosh is quoted in a story about how the world’s poorest will be most impacted by the global economy’s stagflation, a situation where inflation and unemployment rates are high while economic growth is slow.

view more

Poor Countries Face a Mounting Catastrophe Fueled by Inflation and Debt

The New York Times  online


Jayati Ghosh is quoted in a story about poorer countries facing mounting catastrophe fueled by Russia’s war in Ukraine and an economic slowdown in China.

view more

Prices Soar as Corporate Profiteers & Speculators Drive Inflation; It Hurts the Developing World

Democracy Now!  online


Jayati Ghosh appears on a nationally syndicated radio program to discuss how higher inflation is leading to more extreme poverty and how the Russian invasion of Ukraine has led to commodity price increases.

jayati ghosh on Democracy Now

view more

Select Publications (8)

New Hope for India’s Democracy

Project Syndicate

Jayati Ghosh


Jayati Ghosh writes that there is new hope for India’s democracy after the recent election. Ghosh says that while Prime Minister Narendra Modi was given a third consecutive term, his ruling BJP party’s failure to secure a simple majority in the lower house of parliament means Modi will have to rely on several unpredictable allies to promote his legislative agenda.

view more

Why private corporations subvert states

Bangkok Post

Jayati Ghosh


“Straight out of a dystopian novel,” is how Jayati Ghosh, describes the current scenario in Honduras in which various private corporations have sued the government for the right to establish their own jurisdictions within the country.

view more

The Myth of Global Grain Shortages

Project Syndicate

Jayati Ghosh


Jayati Ghosh writes, "Contrary to popular belief, the war in Ukraine has not led to a global shortage of wheat. While global hunger has surged in recent years, the way to address the current food crisis is by focusing on its real causes: financial speculation and corporate profiteering."

view more

Budget 2023 Has Chilling Implications for India's People

The Wire

Jayati Ghosh


The annual budget is generally supposed to be a statement of not only the Union government’s actual and proposed revenue raising and spending plans, but also of its general economic policy intent. If so, the indications this year are chilling.

view more

Earth for All: A Survival Guide for Humanity (BOOK)

New Society Publishers

Jayati Ghosh et al


Earth For All is both an antidote to despair and a road map to a better future. Using powerful state-of-the-art computer modeling to explore policies likely to deliver the most good for the majority of people, a leading group of scientists and economists from around the world present five extraordinary turnarounds to achieve prosperity for all within planetary limits in a single generation.

view more

The world may be on a path to collapse. Whether it heads there is for us to decide

The Globe and Mail

Jayati Ghosh


Jayati Ghosh writes that the world may be on a path to collapse without significant economic and social transformations. A new report produced by the Club of Rome’s Transformational Economics Commission, of which Ghosh is a member, and a team of computer modelers, calls for five major initiatives to eliminate poverty, reduce inequality, empower women, transform food systems, and overhaul energy systems by ‘electrifying everything’.

view more

Three lessons from countries that performed best in tackling Covid-19 challenges

South China Morning Post

Jayati Ghosh and Mariana Mazzucato


Professor Jayati Ghosh co-authors an opinion piece naming the three key factors in determining a country’s success in handling the pandemic: long-term investment in public health systems, mission-driven leadership and sufficient fiscal space.

view more

The G7’s role in the world

Social Europe

Jayati Ghosh


Jayati Ghosh unpacks the G7 summit in England and finds an anachronistic coalition failing to meet global responsibilities.

view more