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Building Tax Capacity in Africa

The Second Republic is a comprehensive institutional blueprint for India's transition into a developed economy (Viksit Bharat) by 2047. In this book, Ghani, a former World Bank economist and a prominent voice in Indian developmental economics, moves beyond traditional policy debates to focus on the State capacity engine, with his most compelling diagnostic being the two-engine trap. Since the 1991 reforms, India has developed a high-performance private sector engine; however, this is tethered to an obsolete state engine, characterized by nineteenth-century colonial structures and twentieth-century socialist bureaucracy. To address this, India not only needs new laws but a 'Second Republic', a fundamental re-architecting of the state's core institutions to match the dynamism of its people. 

The book introduces the 4F architecture--functions, finances, functionaries, and foundations--as the integrated mechanism for national renewal, analysing why previous reforms have often stalled. With themes including unlocking the gender dividend (Shakti Superpower), building a modern justice platform, and navigating the geoeconomic frontier of artificial intelligence and climate change, it focuses on the 'plumbing' of the nation: the courts, civil services, and digital systems. A manifesto for 2047, The Second Republic is a timely intervention, shifting the goalposts from 'growth at any cost' to 'growth through institutional excellence', making it an essential read for those trying to understand why India's path to $30 trillion requires more than just capital.

A Charter to Remake the Indian State and Unleash a Nation's Potential

The Second Republic

Data Power, Digital Empires and the Future of Capitalism

The Rise of Datalism

Handbooks in Economics

Handbook of the Economics of Identity: Volume 1

Routledge Revivals

Originally published in 1976, this penetrating analysis of British industry in the second half of the twentieth century discusses the lessons of failure and indicates the way back to success for British management. The author's experience in government and industry as a Cabinet Minister and Deputy President of the Confederation of British Industry reveals insights into high-level policy decisions and fundamental business truths. Hitherto unpublished ministerial directives and behind-the-scenes glimpses of historic meetings set the back-drop of authentic involvement against which policy mistakes are viewed and a recovery plan is projected. Suggestions are made for a more efficient working relationship between government and industry and comparisons made with industrial management and strategy in the EU.

What Has Gone Wrong in Industrial Britain Since the War?

Blueprint for Industrial Survival

Structuralism, Dependency Theory, and Sustainable Development Goals

Economics of Sustainable Growth

In The Four Paradigms in Economics: Theories, Concepts, and Analytical Tools, Kavous Ardalan demonstrates how these four paradigms explain any economics phenomenon differently, and therefore, together they provide a broader and deeper understanding of the economic phenomenon under consideration. The main theme of The Four Paradigms of Economics is that social theory can usefully be conceived in terms of these four key paradigms: functionalist, interpretive, radical humanist, and radical structuralist. The four paradigms are founded upon different assumptions about the nature of social science and society, and therefore, provide different explanations of any phenomenon. The book also looks at the major prevailing schools of thought in economics (Neo-Classical Economics, New Institutional Economics, Behavioral Economics, Austrian Economics, Post-Keynesian Economics, Institutional Economics, Social Economics, Radical Economics, and Marxist Economics) from the point of view of the four paradigms and locates them within the four-paradigm framework.

Theories, Concepts, and Analytical Tools

The Four Paradigms in Economics

A textbook that examines how societies reach decisions about the use and allocation of economic resources While economic research emphasizes the importance of governmental institutions for growth and progress, conventional public policy textbooks tend to focus on macroeconomic policies and on tax-and-spend decisions. Markets, State, and People stresses the basics of welfare economics and the interplay between individual and collective choices. It fills a gap by showing how economic theory relates to current policy questions, with a look at incentives, institutions, and efficiency. How should resources in society be allocated for the most economically efficient outcomes, and how does this sit with society's sense of fairness? Diane Coyle illustrates the ways economic ideas are the product of their historical context, and how events in turn shape economic thought. She includes many real-world examples of policies, both good and bad. Readers will learn that there are no panaceas for policy problems, but there is a practical set of theories and empirical findings that can help policymakers navigate dilemmas and trade-offs. The decisions faced by officials or politicians are never easy, but economic insights can clarify the choices to be made and the evidence that informs those choices. Coyle covers issues such as digital markets and competition policy, environmental policy, regulatory assessments, public-private partnerships, nudge policies, universal basic income, and much more. Markets, State, and People offers a new way of approaching public economics. <ul><li>A focus on markets and institutions </li><li>Policy ideas in historical context </li><li>Real-world examples </li><li>How economic theory helps policymakers tackle dilemmas and choices </li></ul>

Economics for Public Policy

Markets, State, and People

This book reframes the question of how Africa industrializes, and is the first to address a key challenge facing African economies today: achieving structural transformation alongside decarbonization, i.e. industrializing and greening simultaneously, rather than sequentially as earlier developers did. 

Drawing on primary fieldwork across five national economies - Ethiopia, Mauritius, Morocco, Nigeria, and South Africa - and six strategic sectors, accounting for 40% of Africa's GDP and a third of its population, Arkebe Oqubay advances the concept of Green Productive Transformation, in which structural economic change and decarbonization are treated as mutually constitutive imperatives rather than competing objectives. The comparative evidence demonstrates that where government policy, industrial hubs, and firm capabilities are strategically aligned, productive transformation and green transformation reinforce each other; where they are not, industrial growth follows the path of least environmental resistance, producing carbon lock-in. 

Just transition and energy transition frameworks are designed primarily with industrialized economies in mind. This book challenges the utility of these frameworks for Africa, and instead advances a domestically-driven alternative, grounded in structural transformation theory, green industrial policy, and the political economy of late development. No single green pathway exists for Africa: the evidence presented here reveals conditional pathways shaped by national context, sectoral configuration, and policy choice. A green, productive Africa is not an inevitable outcome of global technological change, but it is genuinely within reach, and the first step is getting the analysis right.

Greening African Economic Development

In many parts of the world, 100-degree days are already common. In the Indian subcontinent, temperatures can become so high that concrete in the cities buckles. In Morocco, hotter and longer droughts threaten crops and livestock, possibly wiping out the livelihood of millions. The lives of the world's poorest are already harder, hotter, and shorter thanks to emissions that disproportionately come from the world's richest. But just as the rich world's emissions are finally falling, poorer countries' are set to increase drastically. We seem to be caught in an impossible bind-but it's not too late.Renowned economists Abhijit V. Banerjee and Esther Duflo (co-recipients of the 2019 Nobel Prize), and Michael Greenstone propose a radical new approach to combating climate change and the devastation that is already causing the most serious global crisis of our time. Substantial progress is possible if the wealthiest countries compensate the poorer countries for the harms that their emissions cause and, in exchange, poorer countries commit to climate action. Based on meticulous original research, years of fieldwork around the world, and deep engagement with world leaders and climate negotiators, Banerjee, Duflo, and Greenstone dive deeply into the specifics to show how this grand bargain would work to curtail emissions and address the suffering of the world's neediest.This paradigm-shifting and inspiring book reassures us that we can successfully confront the challenge. We can protect the poor while protecting our future. It's just economics.

A Better Deal for People and Planet

Just Economics

Yale Program on Financial Stability Series

A critical examination of the Federal Reserve-told by the policymakers, economists, and observers who know it bestThe Federal Reserve is one of the most powerful institutions in the world-and one of the least understood. Drawing on twenty-one interviews with former governors, reserve bank presidents, staff economists, lawmakers, journalists, scholars, international central bankers, and investors, Fed Reckoning explores how the institution has navigated the defining upheavals of the modern era: the global financial crisis, the pandemic shock, the post-2021 inflation surge, and the banking turmoil of 2023. It traces the modern Federal Reserve from Volcker to Powell, examining its evolving approach to the dual mandate, financial stability, regulation and supervision, and communication.Just as importantly, these interviews reveal the people behind the institution: their judgments, disagreements, frustrations, and sense of mission. The result is a candid, deeply informed portrait of the Federal Reserve at a moment when its power is immense, its independence is under pressure, and its future path is far from certain-and essential reading for anyone seeking to understand how it makes and defends its decisions.

Conversations on America’s Central Bank

Fed Reckoning

The legal concepts that can fundamentally inform the economics of institutions In Legal Institutionalism, the eminent economist Geoffrey Hodgson proposes a new analytic approach for understanding modern economic institutions. Law helps to constitute some of the key features of modern market economies. Moreover, there is evidence that many people believe that obeying the law is important in itself, especially when it is deemed just, legitimate, and uncorrupt. Consequently, he argues, the role of law must be considered in analyses of the nature and dynamics of modern economic institutions and the motivations of economic agents. Hodgson lays out the basic approach and intellectual assumptions of legal institutionalism, citing such thinkers as Adam Smith and Karl Marx as well as insights from institutional economics, law, philosophy, psychology, and social theory. He considers how legal institutions emerged and evolved throughout history, stressing their importance in large-scale, complex economies. Informal rules and relations are vital as well, he explains, but these often rely on face-to-face contact, with smaller numbers of people. He shows that by examining relevant legal rules and relations alongside important informal rules, we can improve our understanding of the nature and role of property, contracts, money, and firms. Revisiting the socialist calculation debate on the feasibility of socialist planning, Hodgson argues that both sides paid insufficient attention to legal issues and underestimated the importance and inevitability of mixed economies. This milestone work by Hodgson has major implications for both theory and policy, suggesting new approaches to economic development, the theory of the firm, and countering the policy extremes of markets versus states.

A Multidisciplinary Approach to the Analysis of Modern Economies

Legal Institutionalism

You know you have more to offer, but you're tired of waiting for a seat at the table to prove it. Most emerging leaders feel stuck in a holding pattern, believing that their ability to make an impact is capped by their current title or the person above them on the org chart. But influence isn't a reward for a promotion. It's a muscle you build in the mundane, everyday moments of your current role.In 90 Days to Grow Your Influence Clay Scroggins, bestselling author of How to Lead When You're Not in Charge, provides a daily roadmap for the "not-in-charge" leader. Drawing from his foundational work on leveraging influence without authority, this 90-day reader helps you navigate the tension of having great responsibility but very little power.Each day is designed to be a "snackable" but substantial 5-minute read, perfect for your morning coffee or the commute to the office. Through a mix of relatable stories, leadership metaphors, and spiritually grounded reflections, you'll learn how to: <ul><li>Understand Identity: Secure your worth in who you are, not just what you do or what your business card says.</li><li>Lead Yourself: Master the disciplines of self-awareness and emotional intelligence.</li><li>Choose Positivity: Cultivate a resilient, solution-oriented mindset that shifts the energy of every room you enter.</li><li>Think Critically: Stop being a passive observer and start solving problems.</li><li>Reject Passivity: Take ownership of the ground you're standing on today.</li><li>Challenge Well: Influence the leaders above you with relational equity and wisdom.</li></ul>Whether you are a new hire, a middle manager, or an aspiring executive, this book is your daily reminder that your seat on the org chart doesn't define your impact. You have everything you need to start leading right where you are. Real influence starts here.

You know you have more to offer, but you're tired of waiting for a seat at the table to prove it. Most emerging leaders feel stuck in a holding pattern, believing that their ability to make an impact is capped by their current title or the person above them on the org chart. But influence isn't a reward for a promotion. It's a muscle you build in the mundane, everyday moments of your current role.In 90 Days to Grow Your Influence Clay Scroggins, bestselling author of How to Lead When You're Not in Charge, provides a daily roadmap for the "not-in-charge" leader. Drawing from his foundational work on leveraging influence without authority, this 90-day reader helps you navigate the tension of having great responsibility but very little power.Each day is designed to be a "snackable" but substantial 5-minute read, perfect for your morning coffee or the commute to the office. Through a mix of relatable stories, leadership metaphors, and spiritually grounded reflections, you'll learn how to:<ul><li>Understand Identity: Secure your worth in who you are, not just what you do or what your business card says.</li><li>Lead Yourself: Master the disciplines of self-awareness and emotional intelligence.</li><li>Choose Positivity: Cultivate a resilient, solution-oriented mindset that shifts the energy of every room you enter.</li><li>Think Critically: Stop being a passive observer and start solving problems.</li><li>Reject Passivity: Take ownership of the ground you're standing on today.</li><li>Challenge Well: Influence the leaders above you with relational equity and wisdom.</li></ul>Whether you are a new hire, a middle manager, or an aspiring executive, this book is your daily reminder that your seat on the org chart doesn't define your impact. You have everything you need to start leading right where you are. Real influence starts here.

Daily Habits for Leading from Any Level

90 Days to Grow Your Influence

Building Tax Capacity in Africa

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