Overview

This volume is a collection of published and unpublished essays authored by the eminent scholar Deepak Nayyar. The essays written over a period of two decades, focus on liberalization and development of underdeveloped and developing countries. The themes explored range from macroeconomics through industrialization to development with reference to the changed context shaped by liberalization. The essays are grouped in four thematic clusters. The first part is on economic theory, contextualized in developing countries. It relates macroeconomic theory and policy to the institutional setting and explores alternative perspectives. The second part is on development, in a world that has been transformed by markets and globalization. It also explores the consequences for public policies and for employment. The third part is on industrialization. It begins with the international context to consider the debate on industrialization in India which is relevant for other late-industrializers. The last part is on liberalization. It evaluates the Indian experience with stabilization, adjustment, and reform. The volume situates economic liberalization in India in its wider political and historical context. In a world where much of development economics is concerned with micro-theoretic analysis, these essays provide a macroeconomic analysis of development. The book provides a rich blend of theory and policy from a heterodox perspective.

Full Product Details

Author:   Deepak Nayyar (Professor of Economics, Jawaharlal Nehru University)
Publisher:   OUP India
Imprint:   OUP India
Dimensions:   Width: 16.00cm , Height: 3.10cm , Length: 23.80cm
Weight:   0.793kg
ISBN:  

9780195686760

ISBN 10:   0195686764
Pages:   449
Publication Date:   11 September 2008
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Out of Print
Availability:   Out of stock  

Table of Contents

Preface and Acknowledgements; Introduction; Part 1: Theory; 1: Macroeconomics in Developing Countries; 2: Macroeconomics of Structural Adjustment and Public Finances; 3: On Exclusion and Inclusion: Democracy, Markets, and People; Part 2: Development; 4: Development through Globalization?; 5: Learning to Unlearn from Development; 6: Short-Termism, Public Policies and Economic Development; 7: Work, Livelihoods and Rights; Part 3: Industrialization; 8: International Relocation of Production and Industrialization in LDCs; 9: Themes in Trade and Industrialization; 10: Industrial Development in India: Growth or Stagnation?; 11: The Foreign Trade Sector, Planning and Industrialization in India; Part 4: Liberalization; 12: Macroeconomic Reforms in India: Short-term Effects and Long-run Implications; 13: Economic Reforms in India: Understanding the Process and Learning from Experience; 14: Economic Development and Political Democracy: The Interaction of Economics and Politics in Independent India; 15: Indias Unfinished Journey: Transforming Growth into Development

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Author Information

Deepak Nayyar is Professor of Economics, Jawaharlal Nehru University, Delhi.

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