000 02076nam a22001697a 4500
999 _c23153
_d23153
020 _a9780198824664
082 _a338.9
_bMAR-
245 _aMarkets,governance and institutions in the process of economic development
260 _aNew Delhi
_bOxford University Press
_c2018
300 _axxiii, 392p.
500 _aincludes index
520 _aWritten in honour of Kaushik Basu, markets, governance and Institutions in the process of economic development is a celebration of over forty years of contributions to development economics. Written by Professor Basu's past and present collaborators and research students it offers original insights and perspectives on issues relating to well-being, freedom and institutions in the developmental context. Throughout his career, Kaushik Basu has addressed policy issues such as rent control, child labour, labour laws, harassment, shared prosperity and gender empowerment. The contributions in this volume, theoretical as well as empirical, reflect this range of issues in the broader context of interactions between markets, governance and institutions in the process of economic development. The broader roles of markets as key resource allocation mechanisms cannot be disputed. But they need suitable governance structures and institutions, working both as facilitators and as regulators. Markets, governance and Institutions in the process of economic development looks at the complex interactions between these three forces of development. Divided into three distinct sections covering foundational and measurement issues associated with economic development and well-being; functioning (and non-functioning) of the market in the context of development; And structure and design issues relating to governance and institutions, this book provides a clear focus for academics and economists considering development policy questions.
650 _aEconomics Development
_aMarket and development
_vSocial aspect community
_vGovernance and Institutions
700 _aMishra, Ajit
700 _aRay, Tridip
942 _cBK
_2ddc