Economic Theory and Policy amidst Global Discontent

Ananya Ghosh Dastidar is Associate Professor in the Department of Business Economics, University of Delhi, South Campus, India. Rajeev Malhotra is Professor at the School of Government and Public Policy and Executive Director, Centre for Development and Finance at O. P. Jindal Global University, Sonipat, Delhi NCR, India. Vivek Suneja is Professor in the Faculty of Management Studies, University of Delhi, India.

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