A key puzzle for modern economist is the movement of capital around the world. The theory indicates that we should see capital move from developed economies into less developed economies, where that capital will be more effective. In reality, the developed nations appear to be sucking capital from the rest of the world. Professor Jagjit Chadha tackles this problem in his lectures, and introduces the conundrum in this short clip.

Jagjit Chadha

Professor Jagjit Chadha

Mercers’ School Memorial Professor of Business

Jagjit Chadha was the Mercers’ School Memorial Professor of Commerce at Gresham College from 2014-2018.

Find out more

Support Gresham

Gresham College has offered an outstanding education to the public free of charge for over 400 years. Today, Gresham plays an important role in fostering a love of learning and a greater understanding of ourselves and the world around us. Your donation will help to widen our reach and to broaden our audience, allowing more people to benefit from a high-quality education from some of the brightest minds.