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Errol D'Souza's Macroeconomics helps students realize the connections between theoretical frameworks and the actual behaviour of the economy; enables instructors to teach macroeconomics concepts within the context of both the Indian and global economy; and provides policymakers with material from current research in macroeconomics. The focus of the book rests on the analysis of macroeconomic thought in terms of the intuition and underlying logic that forms its basis. This book has been designed to help readers think independently about real-world situations, by helping them master the basic technical tools that enable them to do this. At a conceptual level, the book focuses on the most current and relevant issues, while also understanding the fluidity of the subject.
This book is a compilation of selected papers presented at the ISI (Indian Statistical Institute) Platinum Jubilee Conference on Comparative Development held at the ISI, Delhi, India. The papers cover new and well-established topics in development economics. Some of these include political economy, role of public outrage in delivering justice and the political economy of general strikes, economics of happiness, economics of labour, agricultural economics, macroeconomics and public finance. These topics are analyzed from the perspective of developing countries. The book will be of interest to both researchers and graduate students in development economics.
This book explores the dynamics of Asian labour markets in a cross section of eight Asian economies including Japan, South Korea, Taiwan, Hong Kong, Singapore, China, India, Vietnam, Thailand and Indonesia. It considers how these markets have responded to globalisation, and assesses likely future trends and developments.
Revised version of papers presented at the CESS silver jubilee seminar held at Hyderabad in January 2006.
Restoring Trust in Governance : India’s 2020’s Challenge is a companion volume to M G Warrier’s 2018 book “India’s Decade of Reforms” which looked at the initiatives taken by Government of India and RBI to restore the country’s economic health by an appropriate diagnosis of factors that stalled the 1990’s initiatives to introduce economic and financial sector reforms. GOI and RBI are taking forward reform initiatives to revamp the institutional system in the financial sector by infusing transparency and professionalism in policy formulation and introducing structural alterations wherever necessary. This book focuses on policy initiatives necessary to retrieve Indian Economy a...
Many people dream of escaping the stresses and strains of urban life and moving to Goa. Katharina Kakar and her husband, the psychoanalyst and writer Sudhir Kakar, followed their dream and boldly took that plunge-buying a charming old house in a tranquil south Goa village, where they hoped to find a whole new way of living and working. Ten years later, they are still there, living the idyll-and the reality-of life in Goa. So which is the real Goa? Is it all about sun and sand, beaches and bikinis, feni and vindaloo? This book captures the allure of all these, as well as the festivals and rituals that punctuate the rhythm of village life. It portrays fascinating local characters, ranging from...
The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional policy wisdom and suggests a systematic re-orientation of current macroeconomic and financial regulatory policies in India. The New Consensus Macroeconomics (NCM), which established itself in the 1980s as mainstream macroeconomics, essentially represents an “uneasy truce” between two dominant schools of economic thought viz. New Classical and Neo-Keynesian economics. The NCM sets the tone for much of the macroeconomic (especially monetary) policy followed by the advanced economies in the period of the Great Moderation (1990–2005). The recent global crisis has posed a ma...
One of the truly enigmatic personalities on the contemporary Indian political canvas, Narendra Damodardas Modi is difficult to ignore. From his humble beginnings as a RSS pracharak to his rise in the Hindutva ranks, and from being Bharatiya Janata Party’s master planner to one of the its most popular and controversial state chief ministers, Modi’s mantra of change and development is gradually finding many takers. Though he evokes vastly different reactions among the citizens for his alleged role during the Godhra aftermath, what is absolutely clear is that he indeed is racing towards the centre stage, making the 2014 General Elections look more like a Presidential system – where, you either vote for him or against him. And that, as they say, is the Modi effect. Kingshuk Nag paints the most vivid portrait of the extraordinary politician who is poised to take on a new role in the coming years.
This book is the first major exploration of Indian political economy using a constructivist approach. Arguing that India’s open-economy policy was made, justified, and continued on the basis of the idea of openness more than its tangible effect, the book explains what sustained the idea of openness, what philosophy, interpretations of history, and international context gave it support, justification, and persuasive force. Drawing on a wide range of contemporary and historical sources, and going as far back as the 19th century, the author reconstructs how Indian policymakers have interpreted economic priorities, perceived success and failure, and evaluated the destiny of their nation. By th...
The book analyses various challenges emanating from privatization, globalization and public financial crunch to understand the future directions of higher education in India. The book presents a careful understanding of structure, finance and governance of higher education and advocates a new way to look at increasing the capability of students to secure their future. Attention has also been drawn to the inequalities prevailing in the system of higher education and pursuing inclusive approach so as to have sufficient employment opportunities for students in the labour market. The book is divided into three parts. Part 1 deals with the future in terms of university structure and functions, Pa...