Economics of development : toward inclusive growth / Syed Nawab Haider Naqvi, HEC Distinguished National Professor, Pakistan &á Associate Faculty, of Global Issues Initiative, Virginia Tech University, USA.

Rs.550/-

TBH/86/70
Revised edition of the author's Economics of development, 2015.

Includes bibliographical references and index.

Spreading out the wings -- Rival perspectives on development policies; inclusive growth since 1950: a preview -- Development experience -- Anatomy of development revolution -- The development revolution revisited : was it real? -- The mainsprings of development revolution -- Development revolution : was it open or closed? -- Development revolution and pursuit of inclusive growth -- The liberalist utopia -- The neo-liberalist disorder -- The chemistry of neo-liberalism -- Liberalist moral-rights philosophy and its economic agenda -- Liberalism's (non) pursuit of inclusive growth -- Rolling back the liberalist tide -- Theoretical challenges to liberalism -- The downside of privatization -- Structural adjustment programs have not helped -- The human development initiative -- Human development paradigm -- The human development-led strategy -- Choice between human development-led strategy and growth-mediated strategy -- The human development paradigm: some distinguishing characteristics -- The moral basis of human development program -- Toward inclusive growth strategy -- Outlines of the proposed inclusive growth strategy -- Basic relationships between growth, equity, and poverty and inclusive growth -- The moral motivation of the inclusive growth strategy -- Behavioral economics, welfare state, and inclusive growth -- Holding mirror to "reality" -- Bibliography -- Index.

This book discusses the elements of development and inclusive growth from a critical perspective and provides a fresh view of the dynamic relationship between development, growth, equity, and poverty.


The second, revised and updated, edition of Economics of Development: Toward Inclusive Growth continues to focus on the argument that rather than concentrating on growth, income distribution, and poverty reduction separately, the basic objective of development policies should be to achieve inclusive growth. This book looks at the issues of development in comparative light, and investigates and analyzes successful and unsuccessful policies implemented by developing economies.
A result of decades of research and years of experience in policy formulation and implementation, the textbook lucidly elaborates upon the origin and progress of development revolution, the liberalist model, and the human development approach to inclusive growth.