This book is a collection of essays on main issues of money and monetary politicies, national and international aspects of financial policies in less developed countries, political economy of development in all its facts and reshaping of the international monetary system which were debated over the last few decades by economic theorists and the policy makers. They reveal the author's grasp of the analytics, the nuanced reasoning underlying them, prescience on several issues such as brain-srain and profile of leadership in developing societies and deep understanding of the context in which the policies based on them have evolved over the years. Author's discussion of some of India's economic development within the overall perspective of development economics is both fascinating and original.
ABOUT THE AUTHOR Deena Khatkhate
Deena Khatkhate, alumnus of the University of Bombay and Manchester University, a reputed economist held senior positions at the Reserve Bank of India, and the International Monetary Fund and also was a senior consultant at the World Bank, the United Nations and the Asian and African Development Banks. He wrote extensively on economics in leading academic journals like The Quarterly Journal of Economics, The Review of Economics and Statistics, The Oxford Economic Papers, The Oxford Bulletin of Economics and Statistics, The Journal of Post Keynesian Economics, Economic Development and Cultural Change, The Journal of Development Studies, The Economic and Political Weekly, Social Research, World Development, Economia Internazionale, IMF Staff Papers etc., was a member of the editorial board of the IMF Staff Paper, an associate editor of the Encyclopedia of India, (of which Professor Stanley wolpert was the chief editor), and Managing Editor of World Development. He co-edited with Warren L. Coats Jr., Money and Monetary Policy in Less Developed Countries (1980, Pergamon Press, London), edited National and International Aspects of Financial Policies in the Less Developed Countries (1981, Pergamon Press, London), and Money and Finance: Issues, Institutions and Policies (1998, Orient Longman, Bombay for the Sameeksha Trust). He authored several papers on financial liberalisetion in the World papers on financial liberalization in the World Bank's Economic Discussion Paper Series and co-authored its pioneering study on the Asian Bond Market. A book of his non-economic writtingd, Ruminations of a gadfly, was published by Academic Foundation, New Delhi. Deena Khathate Lives in Chevy Chase, Maryland, USA.
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