Book: Time, Inflation and Growth: Some Macroeconomic Themes in an Indian Perspective (R. C. Dutt Lectures on Political Economy, 1984) The author points out certain deficiencies in the approaches of the Keynesian and Monetarist schools in explaining the behaviour of output, price and other macroeconomic variables over time, especially in a developing economy. He suggests an alternative framework which is sui generis in nature and which throws light on the coexistence of limited public investment along with deficient aggregate demand in India.
The author points out certain deficiencies in the approaches of the Keynesian and Monetarist schools in explaining the behaviour of output, price and other macroeconomic variables over time, especially in a developing economy. He suggests an alternative framework which is sui generis in nature and which throws light on the coexistence of limited public investment along with deficient aggregate demand in India.
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Details of Book:Time, Inflation and Growth: Some Macroeconomic Themes in an Indian Perspective (R. C. Dutt Lectures on Political Economy, 1984) by Prabhat Patnaik
Book: Time, Inflation and Growth: Some Macroeconomic Themes in an Indian Perspective (R. C. Dutt Lectures on Political Economy, 1984)
Author: Prabhat Patnaik
ISBN: 0861318781
ISBN-13: 9780861318780, 978-0861318780
Hardcover
Publishing Date: 1988
Publisher: Orient Longman
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