The book would provide an important analysis of the labour market, including the problems of youth labour markets, unemployment, long-term unemployment, and the costs of unemployment. It provides alternative explanations of unemployment. It discusses the role of unemployment benefits, minimum wages, and aggregate demand on unemployment.

Informal labour markets are prevalent in developing countries and these provide poor conditions of work and living for a large majority of the population. The papers in this book study economic development from the perspective of social justice and economic efficiency; exploring the role of land tenure and productivity in Indian agriculture. Junankar discusses the efficiency of small farms versus large farms, and the role of share-cropping tenancy. He provides a critique of neoclassical economics that assumes farmers maximize profits in competitive markets and argues that social and...

Poverty, famines, wars, and ethnic conflicts lead to large movements of refugees. The papers in this book provide an analysis of the economics of immigration. Junankar discusses why people migrate, the likely destinations for migrants, and their employment in the destination countries. He studies the benefits to the migrant families in terms of higher wages and living standards, and also studies how immigrants fare in the Australian labour markets in terms of finding good jobs, and whether there is discrimination against them. Economics of Immigration analyses the macroeconomic impacts of...