This volume deals with a range of contemporary issues in Indian and other world economies, with a focus on economic theory and policy and their longstanding implications. It analyses and predicts the mechanisms that can come into play to determine the function of institutions and the impact of public policy.

About the Author

Satish K. Jain is Professor at the Centre for Economic Studies and Planning (CESP), Jawaharlal Nehru University (JNU). He was a member of the faculty at CESP during 1978-2013 and held the Reserve Bank of India Chair during 2011-13. He has authored Economic Analysis of Liability Rules (2015) and has edited Law and Economics (2010). His areas of research interest are social choice theory, and law and economics.

Anjan Mukherji is Professor Emeritus at JNU and was member of faculty at CESP during 1973-2010. He was Reserve Bank of India Chair Professor during 2005-10 and was awarded the Jawaharlal Nehru National Fellowship by the Indian Council of Social Science Research (2011-13). Since 2011 he has been Honorary Visiting Professor at the National Institute of Public Finance and Policy. He has authored Walrasian and Non-Walrasian Equilibria: An Introduction to General Equilibrium Analysis (1990) and co-authored Mathematical Methods and Economic Theory (2011).

Reviews

This is a valuable book on an engaging theme that seeks to analyze the functioning of institutions to assess outcomes in terms of their impact on growth, efficiency and inequality. It demonstrates how economic theory can be used to improve our understanding of the real world and change it for the better. - Deepak Nayyar, Professor Emeritus, Jawaharlal Nehru University

Economic Growth, Efficiency and Inequality is a major contribution to theory with bearing on economic policy. This well-researched and insightful volume will be a major reference work for students of economics and policy makers alike. - M. Govinda Rao, Member, Fourteenth Finance Commission of India

This volume encompasses perfectly clearly written essays that reflect some of the driving themes in economics. It is a presentation for a wide set of readers. - Satya R. Chakravarty, Professor, Indian Statistical Institute

The scope of this book, as is clear from the preceding discussion, is not limited to the issues related to growth, efficiency and equality. It also encompasses other issues, such as auction, contest, and bargaining. This book does not seem to have a unified theme, but it provides illuminating discussions on those issues which not only have policy relevance but also are enriched with research content. - Debabrata Pal, Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi, Economic&Political Weekly

Book Information
ISBN 9781138890466
Author Satish K. Jain
Format Hardback
Page Count 206
Imprint Routledge India
Publisher Taylor & Francis Ltd
Weight(grams) 385g