Development in India: Micro and Macro Perspectives (India Studies in Business and Economics)

Book Details

• Publisher: Springer

• Author: S. Mahendra Dev

• Language: English

• Edition: First Edition

• ISBN: 9788132237266

• Pages: 392

• Cover: Hardcover

• Dimensions: 9.1 x 6.6 x 1.1 inches

About the Book

This comprehensive volume offers an in-depth exploration of critical issues shaping India's development trajectory. Edited by renowned economist S. Mahendra Dev, the book brings together a collection of scholarly essays originally commissioned for the Silver Jubilee celebrations of the Indira Gandhi Institute of Development Research (IGIDR). These contributions offer fresh insights into the micro and macro aspects of India’s economic and social development.

The book examines a broad range of themes including the role of aid, persistent poverty, caste-based social networks, corruption, and the growing influence of judicial activism. It also provides a critical evaluation of the agricultural sector, distributional challenges, and the role of macroeconomic models and financial markets—highlighting phenomena such as liquidity traps, bubbles, and credit risks. In addition, the volume delves into emerging topics like trade theory, technological advancement, information technology’s impact on development, and ecosystem sustainability.

Organized into six well-structured parts—covering institutions, aid and poverty, agriculture, macroeconomy, trade and technology, and ecosystems and energy—the book ensures an integrated and cohesive reading experience. Contributions by leading scholars such as T.N. Srinivasan, Kaivan Munshi, Ravi Kanbur, Ashok Kotwal, Bharat Ramaswami, Nirvikar Singh, and many others provide a panoramic view of India’s developmental challenges and prospects.

Ideal for graduate students, researchers, and policymakers, this book is an essential resource for those studying development studies, political economy, macroeconomics, agricultural economics, and sustainability. Its rich academic value and interdisciplinary approach make it a landmark addition to contemporary economic thought on India.