• ISBN13: 9780198099062
• Binding: Paperback
• Subject: Economics
• Publisher: Oxford UP
• Publisher Imprint: Oxford UP
• Publication Date: June 15, 2014
• Pages: 328
• Original Price: INR 1150.0
• Language: English
• Edition: N/A
• Item Weight: 480 grams
• BISAC Subject(s): Development / Economic Development

In recent times, developing countries across the world have focused on a market-driven approach to address their economic issues. While this has resulted in financial growth, it has also led to a spurt in systemic challenges in many nations. This volume explores the concerns faced by emerging economies from a present-day viewpoint, with in-depth analysis of key issues in economic development such as growth, market structure, poverty measurement, corruption, financial scams, voting behavior, informal credit markets and technology transfer, through the use of theoretical models. The chapters in this volume have been written in honor of Dipankar Das Gupta and Amitava Bose, two outstanding academicians and contributors to the field of economic theory. With contributions from leading theorists on topics ranging from democracy and development, to patent laws and environmental concerns, this volume bridges the gap between empirical analysis and a theoretical understanding of emerging issues in economic development. Foreword by Kazuo Nishimura Acknowledgements Introduction Sugata Marjit and Meenakshi Rajeev Section I Corruption, Information and Transparency When is Competitive Behavior a Best Response? Anjan Mukherji Many Facets of Corruption Mukul Majumdar and Seung Han Yoo Section II Growth, Poverty and Markets Inefficiency and the Golden Rule: Phelps-Koopmans Revisited Tapan Mitra and Debraj Ray A Multidimensional Poverty Index Asis Kumar Banerjee Transaction Costs and Optimal Market Structure Meenakshi Rajeev The Determination of Profits Romar Correa Section Iii Informal Credit And Micro-Finance Vertical Linkage between Formal and Informal Credit Markets: Corruption and Credit Subsidy Policy Sarbajit Chaudhuri and Krishnendu Ghosh Dastidar Sequential Lending: Dynamic Institutions and Micro-finance Prabal Roy Chowdhury Section Iv Democracy And Development Democracy, Development and the Informal Sector Abhirup Sarkar Efficient and Equilibrium Federation Structures with Externalities Gordon Myers and Abhijit Sengupta Section V Bargaining, Technology Transfer and Deterrence Markets with Bilateral Bargaining and Incomplete Information Kalyan Chatterjee and Bhaskar Dutta Technology Transfer as a Means to Combat Global Warming Vivekananda Mukherjee, Dirk T.G. Rübbelke and Tilak Sanyal Early Withdrawal of Patented Drugs as an Entry-deterring Device Sugata Marjit, Tarun Kabiraj and Arijita Dutta Entry Deterrence in Banking: The Role of Cost Asymmetry and Adverse Selection Indrajit Mallick, Sugata Marjit and Hamid Beladi About the Editors and Contributors Index

Sugata Marjit, Professor, Reserve Bank of India Professor of Industrial Economics and Director, Centre for Studies in Social Sciences, Kolkata, Meenakshi Rajeev, Professor, Centre for Economic Studies and Policy, Institute of Social and Economic Change, Bengaluru

Sugata Marjit is the RBI Professor of Industrial Economics at the Centre for Studies in Social Sciences, Calcutta and the Chairman of the West Bengal State Council of Higher Education.

Meenakshi Rajeev is the Reserve Bank of India Chair Professor at the Centre for Economic Studies and Policy in the Institute for Social and Economic Change, Bangalore.