Economic Theory and Policy Amidst Global Discontent: Essays in Honour of Deepak Nayyar

ISBN-13: 9781138689213 / Angielski / Twarda / 2018 / 464 str.

Ananya Ghosh Dastidar; Rajeev Malhotra; Vivek Suneja

Opis

This book rethinks economic theory and calls for a creative and pragmatic approach to policymaking. It examines what development and sustenance of economic progress mean, and how these may be facilitated. While globalization of goods and financial markets may have delivered high growth for some nations, the distribution of the benefits has often been highly unequal. This work emphasizes the relevance of a broad policy framework based on building individual capabilities and in line with a human-centric perspective. Also, it points out the crucial need to create policy space for macroeconomic stability and to accommodate heterodox influences to address the persisting global problems of poverty, inequality and sustaining development.

Spis treści

List of Figures.  List of Tables.  Contributors.  Preface  I. Introduction  1. Deepak Nayyar: A Diverse Oeuvre  2. Development Complexities: Looking Afresh II. Evolving Dimensions of Globalization  3. Capitalism, Consciousness and Development  4. The Rise and Fall(?) of the ABP (Anything But Policy) Discourse in Development Economics  5. Inequality and Conflict: Global Drivers and Interventions  6. Economic Policy and Human Rights: Is Globalisation a Meeting Ground?  III. Economic Theory and Public Policy  7. The Theory of Credit and Macroeconomic Stability  8. Money and Market Failures: A Theoretical Perspective  9. Persuasion and Coercion: A Transaction Costs Perspective on Income Distribution  10. Dual Economy Models with Fixed Terms-of-Trade  11. Comprehending the ‘In-formal’: Formal-Informal Conundrum in Labour under Capitalism  12. Multiple Efficient Rules and Inefficient Outcomes  13. Auctions with an Inferior Outside Option   IV. Lessons from Development Experiences: Emerging Economies  14. Beyond Catch Up: Some Speculations about the Next Twenty-Five Emerging Economies  15. Latin America’s Development Record and Challenges in Historical Perspective  16. The Global Financial Crisis and Policy Challenges in EMEs  17. Land Deals in Africa: Host Country Effects in the Presence of Skill Formation  Indian Economy  18. Major Policy Debates in the Indian Economy: Some Reflections  19. Reversing Pre-mature Deindustrialization for Job Creation: Lessons for ‘Make-in-India’ from Industrialized and East Asian Countries  20. Globalisation and the Slowdown of the Indian Economy: A Demand-Side View  21. Is Land a Bottleneck for Economic Development in India?.  Index