000 nam a22 7a 4500
999 _c39536
_d39536
008 190408b2018 xxu||||| |||| 00| 0 eng d
020 _a9780198824664
082 _a338.9 MIS-A
100 _aedited by Mishra, Ajit
245 _aMarkets, governance, and institutions in the process of economic development /
_cedited by Ajit Mishra and Tridip Ray
260 _aIndia
_bOxford University Press
_c2018
300 _a392 p.
365 _aINR
_b595.00.
500 _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 _aDevelopment economics
700 _aRay, Tridip