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Analytical Development Economics: The Less Developed Economy Revisited

Kaushik Basu (Author)
Synopsis In the last few decades, interest in development economics has been revived by several factors, including the remarkable growth of some developing economies, the massive international debt build-up of others, new research findings regarding endogenous growth, and the emergence of the theory of agrarian organization. What has also aided this revival is the awareness that, with the emergence of modern communications and the increased flow of goods, capital and even pollution, across nations, it is no longer possible to think of developing economies as distant entities of little consequence to the developed world. Analytical Development Economics deals with theoretical issues in this important area of research and policy-making. The author draws on a wide range of evidence and anthropological insights, including his own field experience, to keep the theory grounded in reality. His use of simple algebra, supported with diagrammatic methods, makes the argument in the book widely accessible. This book is a revision of his celebrated The Less Developed Economy: A Critique of Contemporary Theory: It incorporates recent theoretical advances in its comprehensive, up-to-date treatment of the subject. It will be essential reading for students, researchers and teachers of economics, and for policy-makers.
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About the author

Kaushik Basu

Kaushik Basu is Carl Marks Professor of Economics at Cornell University.  He has been Professor of Economics at the Delhi School of Economics and has to his credit a large number of monographs, edited volumes, and essay collections (including Economic Graffiti and Of People, Of Places).  ‘Kaushik Basu is that triply rare being-an Indian intellectual who is open-minded, an economic theorist who is interested in human beings, and an American academic who has a sense of style.  These, and many other, gifts are on display in this richly readable collection of essays.  In prose that is always elegant and often witty, Basu throws fresh light here on themes of compelling importance to India and the world-the role of the market, the relations between states, the perils and promises of globalization.’

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Bibliographic information

Title Analytical Development Economics: The Less Developed Economy Revisited
Author Kaushik Basu
Format Softcover
Date published: 01.01.2008
Edition 1st ed.
Language: English
isbn 0195648250
length xx+366p., 22cm.