Towards Development Economics
Price:
$49.95 (06)Description
As the Indian economy goes through one of its most prosperous yet turbulent times, it seems appropriate to revisit its earliest scholars and advisors. Colonial India produced several professional economists of repute, researching on its economic conditions and development needs. Their contributions have largely been ignored though they had anticipated, in significant ways, recent debates in development economics.This volume showcases these contributions to development economics, well before the subject became a part of mainstream economics in the developed world. It reproduces the works of major Indian economists of the early twentieth century, each contexualized in terms of the contemporary relevance.
These early Indian economists covered a range of issues-monetary and fiscal policy, protection, employment and labour market conditions, credit systems, industry, rural economy, women in development, macroeconomic policy, environmental economics, and economic dimensions of political problems-with significance for research, teaching, and public policy. Presented in chronological order to highlight the direction in which Indian economic thinking was progressing at the time, the contributions provide readers with a rare insight into longstanding issues in the economy.
Features
- Notable contributions
- Contemporarily relevant
- Biographical notes on all contributors with photographs
- Detailed bibliography
Reviews
"Despite the prominence of contemporary Indian economists in the world, we know very little about the origins of economic thought in India. Krishnamurty's careful selection of writings from pre-independence India, scholarly introduction and biographical notes on the authors go some distance in redressing this. The book captures well the romance and excitement of the birth of ideas."--Kaushik Basu, C. Marks Professor and Chairman of the Department of Economics, Cornell University
"J. Krishnamurty has literally 'made history' from what development economics forgot. Everyone interested in actually existing economies will enjoy this stimulating exploration of economic debates, the pre-Independence Indian economy, and the arguments for its development."--Barbara Harriss-White, Director of Contemporary South Asian Studies Programme, Oxford University
"...satisfying reading. These contemporary Indian economists truly have a history and noteworthy legacy worth celebrating."--Business India
About the Author(s)
J. Krishnamurty Visiting Professor, Institute for Human Development, New Delhi. He was earlier Professor of Economics, Delhi School of Economics, and Senior Economist, International Labour Office, Geneva.
