Analytic Development Economics: The Less Developed economy

Analytic Development Economics: The Less Developed economy

Analytic Development Economics: The Less Developed economy

The remarkable growth of several developing Asian economies amidst growing international debt, new research reports on endogenous growth, and the...

  • ISBN: 9780195648256
  • Availability: In Stock
  • Author Kaushik Basu
  • Publisher Oxford University Press
  • Binding Paperback
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The remarkable growth of several developing Asian economies amidst growing international debt, new research reports on endogenous growth, and the emergence of agrarian organization theory has revived the interest in development economics. Moreover, the advent of modern communications, and the increased flow of goods and capital across countries have changed the way we think about developing economies. These economies are no longer distant entities of little importance to the highly industrialized world.

Analytical Development Economics: The Less Developed Economy focuses on theoretical problems in this vital area of policymaking and research. The author has made ample use of his own field experience in the rural areas of Bihar, and has drawn on a broad range of anthropological insights and evidence, to ground the theory in reality. The book uses simple algebra, along with diagrammatic methods, in order to make the arguments presented in it widely accessible.

The book serves as a comprehensive study of the economics of countries whose per capita incomes are less than $700, much below the average $15,000 of most industrialized nations. It also deals with the problems faced by these developing economies such as poverty, low wages, chronic underemployment, oppressive international debt, and rampant inflation. Analytical Development Economics: The Less Developed Economy is essentially an up-to-date revision of the author’s previous book The Less Developed Economy: A Critique of Contemporary Theory. The book is designed as a single-semester textbook for graduate courses, and can also be used as a handbook for researchers and policymakers.

About Kaushik Basu

Kaushik Basu is a well known Indian economist, academician, columnist and author. His other books on economics include The Concise Oxford Companion To Economics In India, Beyond The Invisible Hand: Groundwork For A New Economics, The New Oxford Companion To Economics In India, An Economists Miscellany, India's Emerging Economy: Performance And Prospects In The 1990s And Beyond, Inter-Disciplinary Transgressions: Political Economy, Moral Philosophy, And Economic Sociology and Readings in Political Economy.

Kaushik was born in 1952 in Kolkata, India. He attended St. Xavier’s Collegiate School, Kolkata. He did his undergraduate studies in Economics from St. Stephen’s College, Delhi. He then enrolled in the London School of Economics for his Master’s degree, and later for his Ph.D. He began his career as a lecturer at Reading University, and after his return to India he joined as a professor of economics at the Delhi School of Economics. He currently serves in the World Bank as the senior vice president and chief economist. Kaushik is married to Alaka Malwade, and has two children, Diksha and Karna.

 
Author Kaushik Basu
ISBN 9780195648256
Langauage English
Pages 366
Publisher Oxford University Press
Binding Paperback

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