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An Economist in the Real World: The Art of Policymaking in India

An Economist in the Real World: The Art of Policymaking in India

Paperback

EconomicsGeneral Political Science

ISBN10: 026253455X
ISBN13: 9780262534550
Publisher: MIT Press
Published: Sep 8 2017
Pages: 256
Weight: 0.80
Height: 0.60 Width: 6.00 Depth: 9.00
Language: English
An economist's perspective on the nuts and bolts of economic policymaking, based on his experience as the Chief Economic Adviser in India.

In December 2009, the economist Kaushik Basu left the rarefied world of academic research for the nuts and bolts of policymaking. Appointed by the then Prime Minister of India, Manmohan Singh, to be chief economic adviser (CEA) to the Government of India, Basu--a theorist, with special interest in development economics, and a professor of economics at Cornell University--discovered the complexity of applying economic models to the real world. Effective policymaking, Basu learned, integrates technical knowledge with political awareness. In this book, Basu describes the art of economic policymaking, viewed through the lens of his two and a half years as CEA.

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