An Economist in the Real World · the Art of Policymaking in India by Basu, Kaushik -- Read -- Imperial Library of Trantor

Index

Title Page Contents Dedication Preface 1 Arriving in Lutyens’s Delhi

From the Slopes of Raisina Hill Speaking in Subsequences: The Extended Sen Rule

2 India’s Growth Story: Stagnation, Crisis, and Takeoff

Delicious Bengali Dishes The Coffee House at the Delhi School of Economics Intellectual Roots of the Economy The Growth Trajectory Crisis as Opportunity Growth Surge Gathering Storm: The Global Financial Crisis and Its Fallout The Tea Leaves

3 Inflation: The Emperor of Economic Maladies

Understanding Inflation, Understanding Deflation Inflation in India and the World Interest Rates and Liquidity Benefits for the Poor and Inflation Salad Bowl Stagflation

4 Fiscal and Other Macroeconomic Policies for an Emerging Economy

A “Repo” Mishap Fiscal Policy in the Emerging Economy Infrastructural Investment and Government Guarantees Exchange Rate Management Managing and Predicting Macro Parameters: A Conundrum

5 Globalization and the Challenge of Development

Tips to Industrialized Nations Poverty, the Sharing of Prosperity, and Policy Inequality and Taxation Globalization and the Taxation Game

6 Food and Poverty

The Challenge of Poverty Food Buffers India’s Food Grain Market: Description Theory of Food Market Intervention Redesigning India’s Food Grains Policy: Price Stabilization Food Security for the Vulnerable

7 The Nuts and Bolts of the Economy

O-Rings Contracts and Pareto Finance and Development Ponzis

8 Law and Economics

Preamble Corruption and the Law Law’s Responsibility Law as Focal Point Postscript

9 The Social and Organizational Foundations of Economic Development

A Critical Flaw Guarding the Jewelry and Stealing in the Bazaar Utilizing Norms and Modifying Norms Teacher Absenteeism in India The Sociology of Bureaucracy

10 The Road Ahead

India’s Prospects Striking Gold with Higher Education The Invisible Hand, Markets, and Interventions Development without Borders

Notes References Follow Penguin Copyright