Economic Theory and Policy amidst Global Discontent

‘Deepak Nayyar is the model of a clear-headed, systematic, non-obscurantist thinker in development economics. This collection of essays in Deepak Nayyar’s honour, by distinguished economists from around the world, is true to his admirable approach to understanding social change.’ Will Milberg, Dean and Professor of Economics, The New School for Social Research, USA ‘This impressive volume of essays by many eminent economists builds on Deepak Nayyar’s work, illustrating that work’s range and depth, while itself making a significant contribution to the arguments of which Nayyar is such a formidable exponent.’ Sir Julian Le Grand, Professor, Marshall Institute, London School of Economics, UK ‘This very important book, written in honour of one of India’s most distinguished economists, is a must-read and thought provoking critique of current economic theory and policy, which also proposes valuable alternative thinking. It will be of great interest both to heterodox economists, as well as mainstream ones.’ Stephany Griffith-Jones, Professor and Financial Markets Director, Initiative for Policy Dialogue, Columbia University, USA ‘This volume is a fitting tribute to Deepak Nayyar, unquestionably one of India’s leading economists. The essays are all of the highest quality, covering a breathtakingly wide sweep of issues and the contributors themselves are a stellar lot. The volume should be of great value to researchers, university students, and the concerned citizen alike.’ Pulin B. Nayak, Professor and formerly Director of the Delhi School of Economics, India ‘The essays in this volume engage in-depth with theoretical constructs and empirical questions for the formation of economic policies with the right social concerns. The volume will undoubtedly become one of the valuable sources of inspiration for the next generation of economists who