Collected Papers in Theoretical Economics: Development, Markets, and Institutions / Edition 1

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Overview


The field of development economics has witnessed major changes over the last tow or three decades. From being a largely descriptive discipline, it has now become much more rigorous and theoretically well-founded. Kaushik Basu's work has played a significant role in this transformation of development economics, and the present book is a collection of his major papers in the field.
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Editorial Reviews

From the Publisher

"It is wonderful to see Kaushik Basu's papers being put together in these volumes. His works have greatly enriched economics and the social sciences, and it is extremely useful to have these essays collected together in this way. This is quite an event for the discipline."-- Amartya Sen, Harvard University 1998 Nobel Laureate in Economics

"Kaushik Basu is a world-class economist. He also writes gloriously. This unusual combination of talents and achievements makes his essays both a pleasure to read and a source of much instruction." -- Jagdish Bhagwati, Columbia University

"Basu's papers achieve the ideal of all economics. He not only shows how humans behave, but he also shows how such knowledge can be used to create a more humane world. Could there be more to accomplish?"-- George Akerlof, University of California, Berkeley 2001 Nobel Laureate in Economics

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Product Details

  • ISBN-13: 9780195667615
  • Publisher: Oxford University Press
  • Publication date: 1/15/2005
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 326
  • Product dimensions: 9.50 (w) x 6.40 (h) x 0.80 (d)

Table of Contents

I. Introduction
Part I. Measuring Development
2. On the Goals of Development
3. On Measuring Literacy
4. The Greying of Populations: Concepts and Measurement
Part II. Institutions, Norms and Power
5. One Kind of Power
6. A Theory of Association: Social Status, Prices, and Markets
7. Civil Institutions and Evolution: Concepts, Critique and Models
Part III. Agrarian Organization
8. Technological Stagnation, Tenurial Laws and Adverse Selection
9. The Market for Land: An Analysis of Interim Transactions
10. Disneyland Monopoly, Interlinkage and Usurious Interest Rates
11. Fragmented Duopoly: Theory and Applications to Backward Agriculture
12. The Broth and the Cooks: A Theory of Surplus Labour
13. Limited Liability and the Existence of Share Tenancy
Part IV. International Labour Standards and Child Labour
14. Compacts, Conventions and Codes: Initiatives for Higher International Labour Standards
15. The Economics of Child Labour
16. A Note on Multiple General Equilibria w
ith Child Labour
17. On the Intriguing Relation between Adult Minimum Wage and Child Labour
18. Child Labour: Cause, Consequence, and Cure, with Remarks on International Labour

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