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How Lives ChangePalanpur, India, and Development Economics$
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Himanshu, Peter Lanjouw, and Nicholas Stern

Print publication date: 2018

Print ISBN-13: 9780198806509

Published to Oxford Scholarship Online: September 2018

DOI: 10.1093/oso/9780198806509.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use.date: 23 May 2022

Lessons for India, Policy, and the Economics of Development

Lessons for India, Policy, and the Economics of Development

Chapter:
(p.446) 13 Lessons for India, Policy, and the Economics of Development*
Source:
How Lives Change
Author(s):

Himanshu

Peter Lanjouw

Nicholas Stern

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198806509.003.0014

This chapter attempts to draw some broad lessons for policy-makers and for the subject of development economics from the close examination of economic development in Palanpur over seven decades. It considers possible implications for India’s wider development, and argues that the workings of policies in relation to Palanpur can raise questions as to how policies elsewhere might be created, modified, or abandoned. Theories of development should, if they are to have real explanatory power, help in understanding the growth and development of a ‘not particularly unusual’ village. The chapter considers which ideas contribute the most important insights for Palanpur and what are the implications for research priorities. These include the role of informal activities in understanding the growth process, entrepreneurship, sustainability, inequality as an outcome of mobility, and the role of empowerment in public pressure, all of which involve understanding the role and evolution of behaviour and institutions.

Keywords:   theories of development, inequality, mobility, entrepreneurship, sustainability

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