Liberalization and Development (OIP)

Paperback | September 15, 2012

byDeepak Nayyar

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This collection of fifteen essays by eminent economist Deepak Nayyar provides an unusual blend of theory and policy, of applied research and empirical work, and of the world economy and India. It explores a wide range of themes-from macroeconomics and industrialization, to development in thechanged context shaped by liberalization. This paperback edition includes a new Preface that focuses on developments since 2008 when the book was first published. The essays in the volume 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 for developing countries. The second part is ondevelopment, in a world that has been transformed by markets and globalization. It analyses the implications of this transformation in retrospect and prospect. The third part is on industrialization. It begins with the international context to consider the debate on industrialization in India whichis relevant for other late-industrializers. The fourth part is on liberalization with a focus on India. It evaluates the Indian experience with stabilization, adjustment, and reform, which is then situated in its wider political and historical context.

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This collection of fifteen essays by eminent economist Deepak Nayyar provides an unusual blend of theory and policy, of applied research and empirical work, and of the world economy and India. It explores a wide range of themes-from macroeconomics and industrialization, to development in thechanged context shaped by liberalization. Thi...

Deepak Nayyar is Professor of Economics at Jawaharlal Nehru University in New Delhi.
Format:PaperbackDimensions:464 pages, 9.65 × 6.5 × 0.07 inPublished:September 15, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198089503

ISBN - 13:9780198089506

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Table of Contents

Preface to the Paperback EditionPrefaceIntroductionI. Theory1. Macroeconomics in Developing Countries2. Macroeconomics of Structural Adjustment and Public Finances in Developing Countries3. On Exclusion and Inclusion: Democracy, Markets, and PeopleII. Development4. Development through Globalization?5. Learning to Unlearn from Development6. Short-Termism, Public Policies, and Economic Development7. Work, Livelihood, and RightsIII. Industrialization8. International Relocation of Production and Industrialization in Less Developed Countries9. Themes in Trade and Industrialization10. Industrial Development in India: Growth or Stagnation?11. The Foreign Trade Sector, Planning, and Industrialization in IndiaIV. Liberalization12. Macroeconomic Reforms in India: Short-term Effects and Long-run Implications13. Economic Reforms in India: Understanding the Process and Learning from Experience14. Economic Development and Political Democracy: Interaction of Economics and Politics in Independent India15. India's Unfinished Journey: Transforming Growth into DevelopmentAcknowledgementsIndex