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This book uses sound theoretical frameworks and econometric techniques to rigorously analyze and explain the conditions of sustainable growth in agriculture. It further investigates how management of natural resources and technological advances can enhance productivity and ensure sustainable growth in agriculture. Optimal control theory, dynamic optimization problems and theory of risk and uncertainty are extensively used to create theoretical models for analyzing agricultural growth. The results demonstrate that crop diversification, rainwater harvesting and the use of organic fertilizers can ensure growth in agriculture from a dynamic perspective. Further, they show how excessive depletion of ground water, intensive farming and overuse of chemicals in connection with the adoption of modern technology in agriculture have placed tremendous strains on natural resources like land and water, and have called into question the sustainability of growth in the farming sector.
This book focuses on the economic challenges India has been facing since its independence in 1947. It traces the country’s journey of economic transition and critically analyzes themes such as the political economy of development, agriculture, macroeconomy, industry and labor, money and finance, trade liberalization, gender, welfare, energy, and the environment. The volume also addresses the issues of increasing income inequality, mass unemployment, and environmental degradation and suggests policies for efficient and desirable outcomes in socio-economic development. This is an important and timely contribution that it will be of interest to scholars and researchers in economics, development studies, political economy, management studies, public policy, and political studies. It will also be useful to policymakers.
This book provides new evidence of the theoretical and empirical causes and consequences of child labor. In so doing, the chapters provide a unique set of policy prescriptions that are applicable to both the developing countries that make up the case studies of the volume, as well as other countries more broadly. The volume is constructed to inform policy with rigorous analysis. However, unlike most academic studies, the language and flavour of the volume is largely non-technical, while the policy recommendations are practical. The volume is made up of three sections. The first section builds on the existing literature and provides new theoretical insights into child labor. Section 2 provides empirical evidence from both quantitative and qualitative case studies on child labor from across Asia, Africa and Latin America. This section provides information from studies conducted in Brazil, Cameroon, the Dominican Republic, India and Vietnam. Section 3 provides policy recommendations.
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