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
