In March 1998 professional colleagues and students of T.N.
Srinivasan joined together at the Festschrift Conference at Yale to
honor his work. The book contains nineteen of the contributions
which were presented, reflecting the four closely related
dimensions of trade and development.
Part I deals with the various dimensions of the issue of growth
with particular emphasis on technology choice as well as saving and
fertility behavior in Ramsey-type models. Part II moves into the
more applied issues of International trade, including the impact of
North-South trade on Northern wages, the reasons for the failure of
pegged exchange rates in the South, as well as the pros and cons of
regional vs. multilateral trading arrangements. Part III presents a
variety of theoretical and applied approaches to analyze Indian
planning and development experience. The final section, Part IV,
addresses the general topic of market failures and economic
structure.
This book contains papers by an array of eminent economists and
contains a good blend of theory and applied work. Professional
economists, policy makers in developing and donor countries and
personnel of international organizations will find this a useful
tool.
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