Employment Growth and Development
Essays on a Changing World Economy
Deepak Nayyar
Routledge
260 pages; Rs 895
There is much that one can glean from economic theory on how the world economy operates. Within that larger framework, different schools see this evolution highly differently depending upon the degree of emphasis they place on various assumptions and structures. While this is well known, it is also argued by many that understanding economic processes from different lenses helps us take better educated guesses on the best course of action. Deepak Nayyar’s “heterodox and unconventional” approach aims at achieving just this.
Employment generation is
