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               In 
              the early 1960s, a young Sydenham-Cambridge-MIT-Oxford educated 
              professor at the Indian Statistical Institute started narrowing 
              his eyebrows in suspicion at India's import-substitution policy 
              framework. Little did he guess that he would emerge-in American 
              academia-as the lead advocate of Free Trade, influential enough 
              to herald what the MIT economist Paul Samuelson has called 'The 
              Age of Bhagwati'.  
             'History has its unforeseen ironies' was the 
              opening line of Bhagwati's 1993 book India In Transition: Freeing 
              The Economy. For a nibblet of his conceptual clarity, glance at 
              the book's contents. Just three chapters: The Model That Couldn't, 
              What Went Wrong? and What Is To Be Done? Indian liberalisers were 
              floored. 
             As the world threatens to recede into protectionist 
              cocoons, what with America fattening its farmers while blocking 
              European steel and Chinese brassieres, the WTO advisor and Columbia 
              professor's thoughts could do with fresh amplification.  
            
             Free 
              Trade works, as Ricardo showed, via the efficiency of every country 
              pressing forth its comparative advantage to satisfy global needs. 
              This helps maximise growth, and that's good-even for the poor. While 
              reciprocal barrier-lowering is desirable, if other countries reject 
              good trade sense, "then, go thou alone" and grant unilateral 
              market access, advises Bhagwati, inspired by Tagore. Talk of 'trade 
              concessions' exasperates the professor-as if granting access is 
              painful. It is, instead, beneficial. "Except in the few cases 
              (rarely applicable to poor countries) when strategic tit-for-tat 
              play is credible, the net effect of matching others' protection 
              with one's own is to hurt oneself twice over," he says.  
             What miffs Bhagwati even more is the clamour 
              for trade with a 'human face'. It has always had one, he argues. 
              And why call WTO's Doha Round a 'development round'? Development 
              was always the objective (and trade, the policy).  
             Yet the professor doesn't approve of 'trade-related' 
              issues such as intellectual property being forced onto the WTO agenda; 
              why turn it into a "royalty collection agency"? His best 
              wit, though, is reserved for economics-savvy audiences. "If, 
              in lieu of autarky," he once quipped, "the wretched apple 
              had been traded for something more innocuous, Adam and Eve would 
              have continued in bliss." 
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