Advance Praise

“A long awaited welcome collection by a leading thinker on development and one of India’s foremost economists. An important counterpoint to neoclassical perspectives.”

-Joseph Stiglitz, Professor, Columbia University and
Nobel Laureate in Economics 2001

“This collection constitutes an important contribution to our understanding of the theory and practice of development. The essays are articulate, perceptive and humane, critical of orthodoxy and constructive in opposition. Students and development practitioners should use them as a stimulating and enlightening reality check against commonly accepted theory and policy.”

-Frances Stewart, Professor of Development Economics,

University of Oxford

“Deepak Nayyar is a superb academic, macro and international, economist. He is at distinguished and effective policy practitioner. His essays in these two volumes bridge. both worlds. His combination of theory and policy is particularly refreshing because it is founded on a heterodox perspective infinitely more relevant to India and developing countries than the tired slogans and nostrums of orthodox economics. These two volumes cover a wide range of topics: trade, industrialization, globalization and the macroeconomics of development, with concrete policy proposals. They will be essential reading about economics as it should be used to make the real world a better place for a long time to come.”

-Lance Taylor, Professor of Economics, New School for Social Research

” Professor Nayyar deserves the gratitude of the economics profession for the essays presented in these volumes, which combine beautifully theory, history and policy with practical sense. They display deep scholarship with remarkable lucidity of expression, a must reading for students, teachers, and researchers alike.”

-Amit Bhaduri, Emeritus Professor, Jawaharlal Nehru University and Professor of Economics, University of Pavia

“These two volumes of essays by Deepak Nayyar on trade, globalization and development constitute economic heterodoxy at its best. Whether one agrees with him or not, these masterly essays, written by an economist with a flair for writing, deserve to be read, understood, and mulled over by all.”

-Kaushik Basu, C. Marks Professor and Director, Centre for Analytic Economics, Cornell University

“These essays by one of India’s foremost economic thinkers, Professor Deepak Nayyar, are a must-read for all students and practitioners of development economics, and especially of the Indian economy. The essays are thoughtful, absorbing, wide-ranging, original, and make a superb contribution.”

-Ajit Singh, Emeritus Professor of Economics, University of Cambridge

“This is a formidable collection of essays written by a leading critic of globalization. The essays, written over a span of three decades, reveal a sharp analytical mind, capable of grasping the interactions between industrialization, trade, liberalization and globalization. in the national and global context. These volumes, which connect theory and reality in. development, show the rigorous mind of Professor Nayyar and his capacity to explain the most complex issues in a simple manner.”

-Jose Antonio Ocampo, Professor, Columbia University and former United Nations Under-Secretary-General

“The collected essays reflect the author’s long-standing, original, incisive and critical engagement with the challenges of development. Even in this age of markets and globalization, Professor Nayyar shows the way to viable development alternatives. There will be much to learn anew from these volumes.”

-Jomo K.S., Assistant Secretary General for Economic Development, United Nations

“Deepak Nayyar is a “human treasure” for everyone who is interested in economic issues- academics, policymakers, and intelligent lay persons. In this collection of essays, charting an illustrious career spanning over three decades, he combines rigorous theory, deep understanding of history, profound philosophical reflections, and unique policy-making experience to provide us with sophisticated and rich analyses over an incredibly wide. array of issues in economic development. A magnificent collection.”

-Ha-Joon Chang, Faculty of Economics, University of Cambridge

“In a refreshing departure from the narrow ahistorical and apolitical approach of orthodox economics, these authoritative volumes provide an unconventional perspective on international aspects of economic development, to demonstrate the futility of single- model fetishism and the importance of greater “policy-space” for developing countries.”

-Giovanni Andrea Cornia, University of Florence and former Director of UNU-WIDER, Helsinki

Review Quotes

“Deepak Nayyar’s two volumes of collected essays are arguably the most important contribution to the study of economics in India that any single economist has ever made”

— BIBLIO

“Nayyar is a scholar with impeccable international credentials…..he is able to feel, experience and articulate the ground realities while producing sound theoretical expositions.”

–ECONOMIC AND POLITICAL WEEKLY

“The twin anthologies offer a great fare for contemplation.”

–THE HINDU

“The value of the collection lies in the fact that the essays are grounded in an underlying perspective not fully elaborated in any single essay but whose entirety emerges clearly through all of them collectively.”

—THE BOOK REVIEW

“The essays reflect the author’s long standing and often critical engagement with the challenges of development…a very rich collection.”

–SUNDAY PIONEER

“A remarkable quality of the essays is the level of detail that is contained in the exposition of theory and the analysis of practice.”

–ECONOMIC AND POLITICAL WEEKLY

“… robust in analytical rigour and lucid in clarity.”

—INDIA TODAY

“The selected essays exhibit a heterodox and unconventional approach from the pen of a leading critic of globalization.”

—SUNDAY PIONEER

“It is…a tribute to [the book’s] though provoking quality that induces a demand for something more.”

—-THE BOOK REVIEW

“The exposition of heterodox perspectives on development and liberalization makes these particularly interesting volumes.”

—BUSINESS STANDARD

“Deepak Nayyar’s record in the rarified world of universities has been widely lauded. His new books Trade and Globalization and Liberalization and Development bring together his considerable acumen to shed crucial light on how these issues have shaped and will continue to shape the future.”

—FINANCIAL EXPRESS

Reviews

• • Managing Globalisation
    

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• • The Journal of Economic Literature, Volume XLII March 2004, Gerald Epstein
    

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• • Sunday, 10 August 2003, D. N. Ghosh
    

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• • The Book Review, Volume XXVII February 2003, Achin Vanaik
    

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• • Biblio, September-October 2005, Paranjoy Guha Thakurta
    

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Reviews

• • BIBLIO, December 2015
    

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• • THE BOOK REVIEW, September 2015, Pamela Philipose
    

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• • OUTLOOK, 17 August 2015
    

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• • THE TELEGRAPH, 14 July 2015, A.M
    

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• • THE CITIZEN, 11 May 2015, Seema Mustafa
    

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• • BUSINESS STANDARD, 25 April 2015
    

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• • OPEN magazine, 20 April 2015
    

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 Reviews

• How dogma is built
  

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• The Hindu, 3 March 2009, Raghu Dayal
  

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• The Book Review, March 2009, Surajit Mazumdar
  

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• Sunday Pioneer, 18 January 2009, Deb Kusum Das
  

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• The Financial Express, 31 August 2008, Suman Tarafdar
  

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• Business Standard, 7 August 2009, Sudipto Mundle
  

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Reviews

• • ECONOMIC AND POLITICAL WEEKLY, 15 June 1996, C.H. Hanumantha Rao
    

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• • FRONTLINE, 4 May 1996, C.T. Kurien
    

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 Reviews

• • Journal of International Economics, No.8 1978, Jaleel Ahmad
    

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• • Journal of Development Economics, June 1978, Charles P. Staelin
    

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  • ODI Review, 1977, A.I. Macbean
    

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  • Journal of Economic and Social Geography, 1978, Barbara Harris
    

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  • Economic Development and Cultural Change, V.V. Bhatt
    

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  • Frontier, April 22 1978, N.K. Chandra
    

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  • Economic Times, 1 January 1978, T.S. Venkateswaran
    

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  • The Hindu, 13 June 1978, V. Ganapathy
    

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  • Far Eastern Economic Review, 2 September 1977, Swaminathan S. Aiyar
    

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Reviews

• The Economic Times, 22 January 1997, S. Venkitaramanan
  

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• The Indian Express, 29 January 1997, Mani Shankar Aiyar
  

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• Statesman, 24 November 1996, Dipak Banerjee
  

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• Outlook, 29 May 1996, Alok Rai
  

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• Frontline, 26 July 1996, C.T. Kurien
  

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• Outlook, 1 January 1997
  

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• Outlook, 12 June 1996
  

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• Business Line, 27 January 1997, S. Venkitaraman
  

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•  The Hindu, 2 June 1996, C. Rammanohar Reddy
  

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• The Indian Express, 30 June 1996, Achin Vanaik
  

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• The Telegraph, 15 August 1996, Sham Lal
  

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• The Economic Times, 19 May 1996, Abheek Barman
  

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•  Business Today, 7-21 June 1996
  

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• Sunday, 17-23 November 1996, Top Ten
  

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• India Today,6-10 April 1997, Lalit Sharma
  

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• Sunday,16-22 June 1996, Jayanta Roy Chowdhury
  

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