2020-21 BUSINESS AND ECONOMICS 1 1 rom the end of the eighteenth century, two distinct global processes began ROY TIRTHANKAR ROY Fto transform livelihoods and living K. L. DATTA conditions in the South Asia region. These were the rise of British colonial rule and globalization, that is, the integration of the region in the emerging world markets for goods, capital, and labour services. Two THE hundred years later, India was the home to INDIA HISTORYOF ECONOMIC GROWTH many of the world’s poorest people as well as one of the fastest growing market economies in the world. Does a study of the past help to explain the paradox of growth amidst poverty? The Economic History of India: 1857-2010 claims that the roots of this paradox go back AND to India’s colonial past, when internal factors like geography and external forces like globalization and imperial rule created prosperity in some areas and poverty in others. Looking at the recent scholarship in this area, DEVELOPMENT this revised edition covers new subjects like environment and princely states. The author sets out the key questions that a study of long- run economic change in India should begin with and shows how historians have answered these questions and where the gaps remain. THE PLANNING Tirthankar Roy is professor of economic history, London School of Economics and Political Science, London, United Kingdom. 1857-2010 cover image: Tuul and Bruno Morandi / Alamy Stock Photo ECONOMIC Fourth Edition HISTORY OF INDIA IN ISBN 0-19-012829-1 1857-2010 1 eBook available 9780190992033 9 780190 128296 ` 000 Fourth Edition www.oup.com INDIA Pg Pg Pg 2 08 20 07 Principles of The Economic History of Growth and Macroeconomics India, 1857-2010 Development Planning Fourth Edition in India Soumyen Sikdar Tirthankar Roy K. L. Datta 9780190124045 9780190128296 9780190125028 Pg Pg Pg 12 29 31 Economic Policy Asian Transformations Indian Development South Asian Edition Agnès Bénassy-Quéré, Benoît Deepak Nayyar Coeuré, Pierre Jacquet & and Edited by Jean Drèze and 9780198844938 Jean Amartya Sen Pisani-Ferry 9780198865674 9780190061692 1 2 Table of Contents Economic Theory ..........................................................05 Development Economics ...............................................05 International Economics ................................................13 Indian Economy. ............................................................14 Growth & Reforms.........................................................14 Banking & Finance .........................................................16 Poverty & Human Development ....................................16 Welfare & Political Economy ..........................................16 Oxford India Short Introductions (OISI) .........................21 Emerging Economies: South Asia. .................................21 Business & Management ...............................................21 Reports .........................................................................25 Global Titles ..................................................................27 Local Titles ....................................................................39 Global Titles at Local Prices ...........................................51 Key Contacts .................................................................64 Welcome to the Spring/Summer 2020 Business and Economics Catalogue. If you are interested in licensing any of our titles, please contact the representative for your territory (see back cover) for more information. ISBN: 9780190120894 Pub Date: 2019 Binding: Hardback Price: `995 e-Book available This is a book of commentaries on the state of the world, travel, and contemporary policy challenges, with a lot of criss-crossing of disciplinary boundaries, all written from the perch of an economist. Between the publication of the original edition of the book and the present one, the author made a transition leaving the groves of academe for seven years in the world of policymaking, in the Indian government and later at the World Bank. This new and expanded edition includes essays and op-eds written after this transition. Many of the new essays cover more urgent policy matters, written from a proximity of where they were conceived. Kaushik Basu is professor of economics and C. Marks Professor of International Studies at Cornell University, USA. He was formerly chief economist and senior vice president of the World Bank, and prior to that chief economic adviser to the Indian government. Basu has published widely in several fields, including development economics, game theory, welfare economics, and law and economics. He has also published in the popular press, including the New York Times, BBC News online, and the Indian Express. He has received honorary doctorates from several universities and, including IIT Bombay, India. In 2008, he was awarded the Padma Bhushan by the president of India. 4 ECONOMIC THEORY / DEVELOPMENT ECONOMICS ECONOMIC THEORY DEVELOPMENT ECONOMICS Quarter Century of Liberalisation in India Economic Development in Palanpur over Essays from Economic & Political Weekly Five Decades Liberalisation offcially began in Peter Lanjouw, research manager, 1991, but the seed for it was sown Poverty Cluster, Development in the late 1950s by proponents of Economics Research Group, The free markets. The debates over the World Bank; and Nicholas Stern, opening up of the domestic market IG Patel Professor of economics continued through the 1960s in India, and government studies, London resulting in fitful bursts of reforms. School of Economics and Political It was only from the mid-1980s that Sciences, UK. talk of liberalisation gathered steam, This book provides an account of culminating in the decision to relax economic development in Palanpur, economic norms in 1991. Though a village in rural North India, based the decision to scrap industrial on five detailed surveys of the village licences and ease the restrictions on over the period 1957 to 1993. These FDI and imports signalled absolute five decades have seen economic belief in the virtues of competition, well-being rise in some important the last twenty-five years have seen animated arguments respects, but stagnation and even decline in other areas. The being exchanged. The collection of essays in this volume analysis presented here focusses on the reasons behind this captures different ideological positions and offers an informed, uneven progress. The authors tie in the background issues of 360-degree analysis on economic liberalisation. Economic & the evolution of poverty, inequality, and mobility over time with Political Weekly is the only social science journal of its kind, causal factors such as technological progress, demographic and publishing commentary, academic research, and analyses on sectoral changes, the operation of markets, and the role of public current affairs. action. 9780199481071 | 2018 | Hardback | `495 9780198838067 | 2018 | Paperback | `695 Collected Papers in Theoretical Economics How Lives Change Volume V: Economic Policy and Its Theoretical Bases Palanpur, India, and Development Economics Using Economic Theory for Policy Making in Emerging Economies Himanshu, associate professor of Kaushik Basu is professor of Centre for Economic Studies and economics and C. Marks Professor Planning, Jawaharlal Nehru University, of International Studies at Cornell and visiting fellow, Centre de Sciences University, USA. He was formerly Humaines, New Delhi, India;. Peter chief economic adviser to the Indian Lanjouw, research manager, Poverty government. Cluster, Development Economics Research Group, The World Bank; and This book is a collection of the Nicholas Stern, IG Patel Professor of author’s papers written over the economics and government studies, last decade that broadly span over London School of Economics and the area of economic theory for Political Sciences, UK. policymaking and is an addition to the author’s well-known series: Collected How Lives Change sets out the role of, Papers in Theoretical Economics. The and scope for, public policy in shaping volumes in this series deal with the the lives of individuals. It describes how changes in Palanpur's philosophical foundations of economics and their applicability economy since the late 1950s were initially driven by the to a wide range of issues of immediate policy relevance. advance of agriculture through land reforms, the expansion of Drawing from his policy making experience in India as the chief irrigation, and the introduction of 'Green Revolution' technologies. economic advisor to the government, and internationally as chief Since the mid-1980s, newly emerging off-farm opportunities in economist at the World Bank, the author addresses domestic nearby towns and outside agriculture became the key drivers as well as global policy challenges through papers rooted in of growth and change, profoundly influencing poverty, income serious economic theory. The chapters address issues such mobility, and inequality in Palanpur. Individual entrepreneurship as corruption, regulation, finance, exchange rates and currency and initiative is found to play a critical role in driving and manipulation, inflation management, fiscal and monetary policy, responding to the forces of change; and yet, against a backdrop child labour, and household wealth. of real economic growth and structural transformation, this book shows that human development outcomes have shown only 9780199488810 | 2018 | Hardback | `1,495 weak progress and remain