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Markets, Governance, and Institutions in the Process of Economic Development - Oxford Scholarship Online
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Markets, Governance, and Institutions in the Process of Economic Development

Ajit Mishra and Tridip Ray


This book, in honour of Kaushik Basu, celebrates his contributions over the last four decades. It contains contributions by his present and past collaborators, and research students. Not only has Basu worked on several deeper abstract issues in welfare analysis and decision making, he has also addressed, both as a researcher and as a policy advisor, several policy issues such as rent control, child labour, labour laws, harassment, shared prosperity, and gender empowerment. The contributions from authors in this volume, theoretical as well as empirical, reflect this range of issues in the broad ... More

Keywords: market, governance, institutions, development, well-being

Bibliographic Information

Print publication date: 2017 Print ISBN-13: 9780198812555
Published to Oxford Scholarship Online: December 2017 DOI:10.1093/oso/9780198812555.001.0001


Affiliations are at time of print publication.

Ajit Mishra, editor
Senior Lecturer, University of Bath

Tridip Ray, editor
Professor of Economics, Indian Statistical Institute, New Delhi

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1 Introduction

Ajit Mishra and Tridip Ray

Part I Development: Foundations and Measurement

3 On a Concept of Freedom

Prasanta K. Pattanaik and Yongsheng Xu

Part II Markets and Development

8 Private versus Public Monopoly

Jörgen W. Weibull and Jun Chen

11 Inequality and Neighbourhood Effects

Namrata Gulati and Tridip Ray

12 The Great Recession and Life Satisfaction

John Ifcher, Homa Zarghamee, and Amanda Cabacungan

13 Does Rising Inequality Delay Marriage?

A. V. Chari, Annemie Maertens, and Sinduja Srinivasan

14 The Impact of Migration on Child Labour

Garance Genicot, Anna Maria Mayda, and Mariapia Mendola

Part III Governance and Institutions

17 Holding India Together

Nirvikar Singh

End Matter