Development in India : Micro and Macro Perspectives edited by S. Mahendra Dev, P.G. Babu.

Preface -- Chapter 1. Introduction to Development in India: Micro and Macro Perspectives -- Part 1: Formal and Informal Institutions -- Chapter 2. Caste Networks in the Modern Indian Economy - By Kaivan Munshi -- Chapter 3. Evolution of Judicial Activism: The Supreme Court of India By T.N. Srinivasan -- Chapter 4. Corruption: Supply-side and Demand-side Solutions By Avinash Dixit -- Part 2: Aid and Poverty -- Chapter 5. Can a country be a donor and a recipient of Aid? By Ravi Kanbur -- Chapter 6. Why is Poverty Declining So Slowly in India? By Ashok Kotwal and Arka Roy Chaudhuri -- Part 3: Indian Agriculture: Growth and Distribution -- Chapter 7. Agriculture and Structural Transformation 1960-2040: Implications for Double Digit Inclusive Growth By Kirit S. Parikh et al -- Chapter 8. Incremental Reforms in Food Policy: What are the Possibilities? By Bharat Ramaswami and Milind Murugkar -- Part 4: Financial Markets and Macro economy -- Chapter 9. A Model of Bubbles and Crashes By Dilip Abreu -- Chapter 10. Experimental Exploration into Macroeconomics By Shyam Sunder -- Chapter 11. Does the Tail Wag the Dog? The Effect of Credit Default Swaps on Credit Risk By Marti Subrahmanyam et al -- Chapter 12. Financial Crisis and Liquidity Trap: Some Theoretical and Policy Perspectives By Mihir Rakshit -- Part 5: Technological Change, Trade and Development -- Chapter 13. Finite Change: Implications for Trade Theory, Policy and Development By Sugata Marjit and Biswajit Mandal -- Chapter 14. Information Technology and its Role in India's Economic Development: A Review By Nirvikar Singh -- Part 6: Ecosystems and Energy -- Chapter 15. Value of Biodiversity and Ecosystem Services in South Asia and India: Past, Present and Future By Anil Markandya -- Chapter 16. Climate Resilient Cities: Vulnerability Profiling Of Twenty Indian Cities By Jyoti Parikh et al -- Chapter 17. Challenges for Sustainable Energy Development in India By Dilip R. Ahuja.

This book examines various facets of the development process such as aid, poverty, caste networks, corruption, and judicial activism. It explores the efficiency of and distributional issues related to agriculture, and the roles of macro models and financial markets, with a special emphasis on bubbles, liquidity traps and experimental markets. The importance of finite changes in trade and development, as well as that of information technology and issues related to energy and ecosystems, including sustainability and vulnerability, are analyzed. The book presents papers that were commissioned for the Silver Jubilee celebrations at the Indira Gandhi Institute of Development Research (IGIDR). The individual contributions address related development problems, ensuring a homogeneous reading experience and providing a thorough synthesis and understanding of the authors' research areas. The reader will be introduced to various aspects of development thought by leading and contemporary researchers. As such, the book represents an important addition to the literature on economic thought by leading scholars, and will be of great value to graduate students and researchers in the fields of development studies, political economy, and economics in general.