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Economic Theory and Policy amidst Global Discontent 1st Edition by Vivek Suneja, Rajeev Malhotra, Ananya Ghosh Dastidar ISBN 1351137565 9781351137560

Name: Economic Theory and Policy amidst Global Discontent 1st Edition by Vivek Suneja, Rajeev Malhotra, Ananya Ghosh Dastidar ISBN 1351137565 9781351137560
SKU: EB-56370172
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Economic Theory and Policy amidst Global Discontent Essays in Honour of Deepak Nayyar 1st Edition Taylor & Francis Group Digital Instant Download

Author(s): Taylor & Francis Group

ISBN(s): 9780367735241, 9781351137577, 9781351137560, 0367735245, 1351137573, 1351137565

Edition: 1

File Details: PDF, 20.23 MB

Year: 2020

Language: English

SKU: EB-56370172 Category: Business & Economics - Economics Tag: Taylor & Francis Group

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Economic Theory and Policy amidst Global Discontent 1st Edition by Vivek Suneja, Rajeev Malhotra, Ananya Ghosh Dastidar – Ebook PDF Instant Download/Delivery: 1351137565, 978-1351137560
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ISBN 10: 1351137565
ISBN 13: 978-1351137560
Author: Vivek Suneja, Rajeev Malhotra, Ananya Ghosh Dastidar

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. The relevance of this issue has received fresh impetus from the significant changes in the degree and pattern of international economic relations that are unfolding across the world, posing both opportunities and challenges. While globalisation of goods and financial markets may have delivered high growth for some nations, the distribution of the benefits has often been highly unequal, with gains to owners of capital and skills being disproportionately higher compared to that of labour, especially the unskilled.

Widening and persistent inequalities have been at the heart of rising polarisation and spread of conflicts that threaten the social fabric. This work emphasises the relevance of a broad policy framework based on building individual capabilities and in line with a human-centric perspective. At the same time, it points out the crucial need to create policy space for macroeconomic stability and to accommodate heterodox influences, especially when conventional wisdom proves inadequate, as starkly demonstrated inter alia during the recent global financial crisis.

This festschrift, dedicated to Deepak Nayyar, presents chapters on diverse themes that address the persisting global problems of poverty, inequality and sustaining development. The book will be of great interest to scholars and researchers of economics, development studies, public policy and governance, and also to policymakers, government officials and those in media.

Economic Theory and Policy amidst Global Discontent 1st Table of contents:

PART I: Introduction

Deepak Nayyar: A Diverse Oeuvre
Development Complexities: Looking Afresh

PART II: Evolving Dimensions of Globalisation

Capitalism, Consciousness, and Development
The Rise and Fall(?) of the ABP (Anything But Policy) Discourse in Development Economics
Inequality and Conflict: Global Drivers and Interventions
Economic Policy and Human Rights: Is Globalisation a Meeting Ground?

PART III: Economic Theory and Public Policy

The Theory of Credit and Macroeconomic Stability
Money and Market Failures: A Theoretical Perspective
Persuasion and Coercion: A Transaction Costs Perspective on Income Distribution
Dual Economy Models with Fixed Terms-of-Trade
Comprehending the ‘In-Formal’: Formal-Informal Conundrum in Labour Under Capitalism
Multiple Efficient Rules and Inefficient Outcomes
Auctions with an Inferior Outside Option

PART IV: Lessons from Development Experiences

Emerging Economies

Beyond Catch-Up: Some Speculations About the Next Twenty-Five Emerging Economies
Latin America’s Development Record and Challenges in Historical Perspective
The Global Financial Crisis and Policy Challenges in Emerging Market Economies (EMEs)
Land Deals in Africa: Host Country Effects in the Presence of Skill Formation

Indian Economy

Major Policy Debates in the Indian Economy: Some Reflections
Reversing Premature Deindustrialisation for Job Creation: Lessons for ‘Make-in-India’ from Industrialised and East Asian Countries
Globalisation and the Slowdown of the Indian Economy: A Demand-Side View
Is Land a Bottleneck for Economic Development in India?

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