Development, Distribution, and Markets

This volume is a testament to the breadth and policy relevance of development economics today. It grapples with questions on how to design anti-poverty policies and under what conditions we can expect them to be successful. It concentrates on programmes and policies for India and covers international experience with cash transfer programmes. The work in this area applies core theoretical insights to policy discussions surrounding poverty measurement, income inequality, rural unemployment, and compares alternative growth strategies in terms of their impact on poverty and inequality. The book closes with chapters that trespass the boundaries of economics and enter the territory of politics, to engage urgent concerns of the day that are the basis of much dispute and debate. The essays are collected under three broad themes-anti-poverty policies; land, labour, and financial markets; and political economy.

Kaushik Basu is Carl Marks Professor of International Studies and Professor of Economics at Cornell University.

Maitreesh Ghatak is Professor of Economics and Director, Development Economics Programme, STICERD, London School of Economics and Political Science.

Kenneth Kletzer is Professor of Economics, University of California, Santa Cruz.

Sudipto Mundle is Distinguished Fellow at National Council for Applied Economic Research, New Delhi .

Eric Verhoogen is Professor, Department of Economics and School of International and Public Affairs, Columbia University.