Collected Papers In Theoretical Economics: Economic Policy and Its Theoretical Bases: Using Economic Theory for Policymaking in Emerging Economies

ISBN : 9780199488810

Kaushik Basu
272 Pages
164 x 243 mm
Pub date
Dec 2018
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This book is a collection of the author's papers written over the last decade that broadly span over the area of economic theory for policymaking and is an addition to the author's well-known series 'Collected Papers in Theoretical Economics'. The volumes in this series deal with the philosophical foundations of economics and their applicability to a wide range of issues of immediate policy relevance. Drawing from his policymaking experience in India as the Chief Economic Advisor to the Government, and internationally as Chief Economist at the World Bank, the author addresses domestic as well as global policy challenges through papers rooted in serious economic theory. The chapters address issues like corruption, regulation, finance, exchange rates and currency manipulation, inflation management, fiscal and monetary policy, child labour and household wealth. Further, the book also analyses the major financial crises that have occurred over the past decade, and the role of economies like China and India in the world's economic future.

About the author: 

Kaushik Basu is Professor of Economics and C. Marks Professor of International Studies at Cornell University. He was formerly Chief Economist and Senior Vice President of the World Bank and prior to that Chief Economic Adviser to the Indian Government. Professor Basu has published widely in several fields, including development economics, game theory, welfare economics and law and economics. He has also published in the popular press, including the New York Times, BBC news online and the Indian Express. He has received honorary doctorates from several universities and IIT Bombay. In 2008 he was awarded the Padma Bhushan by the President of India.

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