ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Sukhamoy ChakravartySubscribe to Sukhamoy Chakravarty

Development Dialogue in the 1980s and Beyond

Development Dialogue in the 1980s and Beyond Sukhamoy Chakravarty An important prerequisite to the resumption of the development dialogue is a much dearer understanding of the dynamics of the world economy. Any expectation that the world recovery in the eighties can be propelled by the worldwide operation of market forces without any modicum of planning is quite untenable. Economic models based on harmonious steady growth paths are largely irrelevant as possible outcomes of market processes. If balanced and relatively even development processes are at all desired objectives, they will need to be consciously planned for.

The Teaching of Economics in India

The Teaching of Economics in India Sukhamoy Chakravarty This paper examines why the teaching of economics in India which attracts some of the very best minds has taken such a fragmentary form when what is most needed is to impart a knowledge of appropriate tools and concepts for a better comprehension of Indian economic life and organisation. The author also discusses what can constitute the most effective way of teaching economics in India.

Aspects of India s Development Strategy for 1980s

Aspects of India's Development Strategy for 1980s Sukhamoy Chakravarty It remains a puzzle that higher rates of savings have not resulted in higher rates of growth of the Indian economy. While it may he true that the capital-output ratio has risen on the margin, it is not clear -what the factors are which have contributed to this process an an economy-wide basis. Moreover, the growth rate viewed as a product of the marginal capital-output ratio and the savings ratio is at best an equilibrium relationship and often little more than an accounting framework. In either case, it does not tell a causal story.

Joan Robinson An Appreciation

Joan Robinson: An Appreciation Sukhamoy Chakravarty Throughout her very productive life as a creative economic theorist, Joan Robinson maintained that economics was not a 'game,' played for its own sake. She was profoundly concerned with the social relevance of economics. She attached match greater importance to the seriousness and integrity of an economist than to her/his ability to solve complicated intellectual puzzles. Her sympathies for developing countries were profound and the significance of her work in analysing the phenomenon of underdevelopment is not yet fully appreciated. The portrait of Joan Robinson as a great polemicist is the one generally known, but her substantive contributions in different branches of economics have been much greater.

On the Question of Home Market and Prospects for Indian Growth

The demand problem in the Indian economy is much better viewed as an important tendency that has got built into the system rather than as a projection of the experience of the last few years.
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