‘Economics’ of prosperity: Why the dominant perspectives may be unhelpful to make sense of underdevelopment

Gupta, Avinash (2018): ‘Economics’ of prosperity: Why the dominant perspectives may be unhelpful to make sense of underdevelopment.

Abstract

The article is essentially a book-review of Professor Vijay Joshi's recent work, '"India's Long Road: The Search for Prosperity". In this critical essay, I take a slightly revisionist approach when it comes to a 'typical'book review. For example, the length of this article goes well-beyond the standard convention. The ‘deviation’ from rules, however, has specific objectives. I have critically analyzed Dr. Joshi’s work and in so doing include relevant evidences, debates and questions not just from economics but also from other disciplines such as history and political science.

• Item Type: MPRA Paper
• Language: English
• Keywords: Underdevelopment, critical analysis, political and social dynamics in policy
• Subjects: A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics > A23 - Graduate; B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches; B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B52 - Institutional ; Evolutionary; H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H25 - Business Taxes and Subsidies; L - Industrial Organization > L5 - Regulation and Industrial Policy; N - Economic History > N6 - Manufacturing and Construction; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development; O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O25 - Industrial Policy; P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P26 - Political Economy ; Property Rights

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