India is frequently cited as one of the ‘success stories’ of globalization, with respect to its economic growth performance, during the past two and half decades. However, the very pattern of recent growth resulted in regional imbalances, greater inequalities in the control over...

This paper argues that economic inequalities in India have been driven by employment patterns and changes in labour markets, which in turn have been affected by macroeconomic policies and processes as well as forms of social discrimination and exclusion. While many Asian economies have shown...

Reduction of existing inequalities must become a major goal in both national and international policy agendas. Piecemeal approaches based on single initiatives directed towards ‘helping the poor’ are unlikely to be successful; instead what is required is an economic and social policy...

Mainstream economics is constrained by methodological individualism, which ignores many aspects of human existence and interaction. Methodological individualism itself propagates certain attitudes and outlooks that can become self-fulfilling by channelling human behaviour into the simplistic...

This paper considers some of the recent trends in global food prices and their possible links to financial speculation, as well as the policy measures required to contain speculation. Recent trends in the price movements of major food commodities in international trade are briefly described,...

The Financial Crisis and Developing Countries discusses and analyses regional and country specific impacts of the financial crisis in emerging markets and developing countries, covering all continents. Using heterodox and mainstream methodologies, the book develops a multidisciplinary...

This Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors’ shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and...

This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.