Development in India

Micro and Macro Perspectives

  • S. Mahendra Dev
  • P.G. Babu

Part of the India Studies in Business and Economics book series (ISBE)

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Formal and Informal Institutions

    1. Front Matter
      Pages 11-11
  3. Aid and Poverty

    1. Front Matter
      Pages 69-69
    2. Ashok Kotwal, Arka Roy Chaudhuri
      Pages 83-99
  4. Indian Agriculture: Growth and Distribution

    1. Front Matter
      Pages 101-101
    2. Kirit S. Parikh, Hans P. Binswanger-Mkhize, Probal P. Ghosh
      Pages 103-123
    3. Bharat Ramaswami, Milind Murugkar
      Pages 125-153
  5. Financial Markets and Macro Economy

    1. Front Matter
      Pages 155-155
    2. Dilip Abreu
      Pages 157-167
    3. Marti G. Subrahmanyam, Dragon Yongjun Tang, Sarah Qian Wang
      Pages 199-236
  6. Technological Change, Trade and Development

    1. Front Matter
      Pages 269-269
    2. Sugata Marjit, Biswajit Mandal
      Pages 271-282
  7. Ecosystems and Energy

About this book


This book examines various facets of the development process such as aid, poverty, caste networks, corruption, and judicial activism. It explores the efficiency of and distributional issues related to agriculture, and the roles of macro models and financial markets, with a special emphasis on bubbles, liquidity traps and experimental markets. The importance of finite changes in trade and development, as well as that of information technology and issues related to energy and ecosystems, including sustainability and vulnerability, are analyzed.
The book presents papers that were commissioned for the Silver Jubilee celebrations at the Indira Gandhi Institute of Development Research (IGIDR). The individual contributions address related development problems, ensuring a homogeneous reading experience and providing a thorough synthesis and understanding of the authors’ research areas. The reader will be introduced to various aspects of development thought by leading and contemporary researchers. As such, the book represents an important addition to the literature on economic thought by leading scholars, and will be of great value to graduate students and researchers in the fields of development studies, political economy, and economics in general.


Biodiversity Climate Vulnerability Development Development Challanges and Successes Distributional Issues in Agriculture Experimental Markets Finite Changes in Trade Macro Models and Financial Markets Sustainable Energy

Editors and affiliations

  • S. Mahendra Dev
    • 1
  • P.G. Babu
    • 2
  1. 1.DirectorIndira Gandhi Institute of Development ResearchMumbaiIndia
  2. 2.ProfessorIndira Gandhi Institute of Development ResearchMumbaiIndia

Bibliographic information