From Prasun Sonwalkar
Oxford, Jun 4 (PTI) At a time when several economies in the western world are facing severe crisis, Nobel laureate Amartya Sen believes that they can learn from countries such as India and China which are witnessing rapid economic growth.
Launching the Sanjaya Lall Visiting Professorship of Business and Development at the Said Business School of the University of Oxford, Sen said at a panel discussion last evening that there was much that the developing countries could contribute at the 'level of ideas' to ongoing economic debates in the western world.
The Nelson Mandela Lecture Hall in the Said Business School was packed to capacity, including leading economists from Oxford, London and students.
The panel led by Sen included Martin Wolf of the Financial Times, and Robert Wade, professor of Political Economy and Development at the London School of Economics.