Publisher's Synopsis
This collection of essays contains contributions from 13 experts in development economics. Each contributor discusses a policy-oriented issue in his or her own field of expertise. These essays illustrate the breadth and variety of issues in development economics and the ingenuity the practitioners display in analyzing the issues. They also demonstrate the need for rigorous theoretical underpinnings in many areas including such branches of economics as microeconomics, macroeconomics and international trade theory.;The need for quantification varying from the sophisticated computable general equilibrium models to the time honoured social cost-benefit analysis is also demonstrated. V.N. Balasubramanyam is the author of "The Economy of India", "Multinational Enterprises and the Third World" and co-editor of "Current Issues in Development Economics".