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

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Migration in Bihar

economic growth largely through inflationary means, interest rates ceilings and directed credit programmes" (p 101) is erroneous and counterfactual, Although monetary policy, by itself, cannot be really effective in stabilising the economy, it is regarded as an important arm of the stabilisation policy in many developing countries, Central bankers in these countries have been explicitly stating that price stability rather than certain other objectives such as growth and employment is what they can help to achieve successfully. The authors' view creates an impression that monetary policy has been promoting (for the MANY social scientists, particularly demographers, sociologists, economists, geographers, have studied internal migration in India and have improved our understanding of it by bringing to bear on it the approaches and methodologies of their disciplines. Alakh Sharma, being an economist, restricts himself in the book under review to the economic causes and consequences of migration in Bihar, a backward economy in which one would not expect economic factors to determine individual behaviour satisfactorily.

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