The papers on development gathered together by Raja Junankar in this volume witness to a critically minded, technically equipped, free spirit tackling one of the most important issues with which relevant economic analysis should be concerned.’ - G. C. Harcourt, Visiting Professorial Fellow at UNSW, Australia ‘Raja Junankar has been a leading fi gure in development economics for more than four decades. He has contributed important work from factor markets and agriculture, to the dynamics of technological change, to inequality and beyond. He has thought hard and deeply about the goals and processes of development, and this collection of papers is of great value.’ - Nicholas Stern, London School of Economics and Political Science, UK ‘Throughout Raja Junankar’s long career, his work has been marked by a healthy mix of history and mathematics as well as conventional and unorthodox approaches. All of these strands of thinking are exhibited in this volume. Newcomers to development economics and veterans alike will be able to benefit from it.’ - Gary Fields, Cornell University, USA ‘This impressive book has a wide range, from a clear and succinct survey of the main trends in development economics to an in depth consideration of issues that still remain essential. It should be essential reading for students, researchers and policy makers.’ - Jayati Ghosh, Jawaharlal Nehru University, India Informal labour markets are prevalent in developing countries and these provide poor conditions of work and living for a large majority of the population. The papers in this book study economic development from the perspective of social justice and economic effi ciency, exploring the role of land tenure and productivity in Indian agriculture. Junankar provides a critique of neoclassical economics that assumes farmers maximize profits in competitive markets and argues that social and institutional conditions limit the conditions under which farmers operate in developing countries. Development Economics raises issues of poverty, inequality, and mobility of agriculturists. Junankar proposes different taxation principles on agricultural producers that would lead to a more efficient and equitable system, and this collection of essays also highlights the role of microfinance in helping the empowerment of women in poor countries. P. N. (Raja) Junankar studied at the London School of Economics, UK, and has a PhD from the University of Essex, UK. He has held research and ...
