Analytical Issues in Growth & Structural Change, Macroeconomy, Security, and Sustainability of India's Economic Development

This book is a collection of essays written to reflect analytical understanding of contemporary Indian economy in the backdrop of approaching deadline of 2030 Agenda for Sustainable Development. Dedicated to the memory of late Professor Dhiresh Chandra Bhattacharya, a legendary teacher, an author of a pioneering Indian textbook on the economy of divided India, and the second President of the Bangiya Arthaniti Prishad (Bengal Economic Association), this volume uses modern methodologies of economics and econometrics to reflect on prime issues facing the Indian economy. The theoretical and empirical research on some aspect of India’s economic development, have been analyzed by eminent scholars, with a focus on growth and structural change, reforms and macroeconomy, food and nutritional security, and sustainable development. The book examines the inclusive growth paradigm in India in the context of rising inequality in income and wealth distribution, and the tenets of longterm behavior of the economy in the context of GDP growth. It highlights the need of GDP growth to be juxtaposed against the imperatives of distributional challenges that the economy has been facing even after 75 years. The book is useful for the students and researchers of economics, in India and abroad, and points to the required policy initiatives to be undertaken by policy planners.

Biswajit Chatterjee is a leading development economist of the country. He is a Retired Professor of Economics, Jadavpur University, where he was the Head of Department of Economics and also Dean, Faculty of Arts. The major areas of his teaching and research have been macroeconomic theory, international trade theory and policy, balance of payments, development economics, and Indian economic development and policies. He has published regularly in national and international journals of repute, contributed to edited volumes, and has published 8 books and 14 edited volumes on different branches of development economics. Professor Chatterjee also delivers lectures at various conferences throughout the globe. He was consultant to the World Bank, UNDP and the Planning Commission. He was President of The Indian Econometric Society (TIES) for two consecutive years; President Indian Society of Labour Economics, 2014, besides being President of Bengal Economic Association for the period April 2005 to March 2014, and again from February 2017 till date. He was the Conference President of the Indian Economic Association (IEA) 2023 conference.
 
Asim K. Karmakar is currently Assistant Professor in Economics, School of Professional Studies, Netaji Subhash Open University, Kalyani, India. He was earlier Assistant Professor, Department of Economics, Jadavpur University, Kolkata, India. He is presently the Joint Secretary of the IEA and was also formerly the Executive Committee member of TIES; and the current Managing Editor of Artha Beekshan (journal of the Bengal Economic Association). He has published co-edited and edited books published by Springer as well as research articles (more than 150) in journals published by Springer, IGI Global, Emerald and Palgrave Macmillan.