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Economics and Finance (R0)

Vani Kant Borooah

The Political Economy of Terrorism

A Quantitative Analysis for India

&lt;p&gt;1. Introduction and Global Terrorism Database.- 2. Existing understanding of terrorism and economics.- 3. The three main theatres of terrorism.- 4. India’s political regimes since 2004.- 5. A quantitative analysis and understanding of terrorism in India.- 6. Distribution of terrorist attacks.- 7. Policies to combat terrorism.- 8. Conclusion.&lt;/p&gt;


A powerful exposé of how finance turns our basic human needs into assets. We have entered a new era of turbo-charged financial extraction. Having amassed huge reserves, global finance capital is seeking out fresh areas for profitable investments. Virtually all aspects of our lives are now targeted by someone seeking to make a profit. In Privatising humanity, Kate Bayliss shows how wealthy investors, including asset managers, target our essential services. When it comes to investments in these sectors, shareholder profits are funded by us, the end-users and tax-payers who simply wish to meet our basic human needs for water, warmth and shelter. We have no alternative but to pay into these structures that often generate massive returns for investors and dysfunctional systems for society. Unpacking the details of these processes in three sectors in the UK - water, energy and housing - Bayliss exposes the devastating consequences of this model, which is contributing to deepening inequality.

How Our Essential Human Needs Became Financial Assets

Privatising Humanity

Contributions to Economics

In an era defined by profound political, economic, and cultural upheaval—termed the "polycrisis"—this book tackles one of the most pressing ethical-political issues of our time: the stalemate in collective action aimed at promoting solidarity and common goods. Through a broadly transdisciplinary approach, the author draws on the full spectrum of social-economic and cultural-historical sciences to explore the conditions for the possible, albeit challenging, success of such collective efforts.
This comprehensive analysis is enriched with a wealth of documentary evidence and rigorous quantitative evaluations conducted by the author, engaging in dialogue with the vast contemporary literature on the subject.
This book is an essential read for scholars, policymakers, and anyone interested in understanding the complex dynamics of collective action in today's interconnected world.

From Stalemate to Success

Collective Action in the Age of Polycrisis

In an era where public finance reform is more critical—and more complex—than ever, this Palgrave Pivot offers both clarity and actionable insight. Part A provides a comprehensive overview of the core issues at stake in reforming public finances, drawing heavily on IMF and World Bank experiences: What exactly does reform mean? What are the root causes and main forms of the problems countries face? "Which best practices and country examples, including AI opportunities and challenges, illuminate the path forward?" And crucially, what obstacles stand in the way of sustainable, effective change?

Part B delivers a concise, comparative assessment of 70 distinct reform types, weighing their advantages and disadvantages and offering a practical framework for prioritization. Using ten clear criteria, the book helps decision-makers determine which reforms are both urgent and feasible—cutting through the noise of overambitious strategies and highlighting what truly matters.

Challenging the status quo, the book critiques the prevailing technocratic approach to public finance reform, arguing for a shift toward managing political complexity and fostering institutional collaboration. It recognizes that while reform is often framed as a technical challenge, it is inherently political—disrupting entrenched interests, reallocating resources, and confronting inefficiency and corruption. Written for policy makers, finance ministers, their deputies, and senior advisors, this book seeks to move beyond one-size-fits-all solutions and drive real, lasting change in public finance.

What Works, What Fails, and Why

Reforming Public Finances

Luxemburg International Studies in Political Economy

This book explores the legacy of economist Eugen Varga and the continued importance of his life and work. It examines the influence of Marx and Luxemburg on Varga’s ideas, particularly his analysis of the capitalist mode of production and his theoretical work on the development of an alternative mode of production. How Varga found limitations in not just his own strongly empirical epistemology, but also in the anti-dialectic Stalinist system are discussed, alongside why these critiques remain relevant in relation to neoliberal theories, inequality, and ecological concerns. Varga’s specific notion of the modern state, his political economy analysis, and his position within the Marxist economic tradition are also covered.

This book provides insight into the challenges faced when attempting to overcome the capitalist mode of production, as well as the historical limitations of scientific research and how ideas can be corrupted by personal, political, and societal forces. It will be relevant to students and researchers interested in Marxist economics, the political economy, and the history of economic thought.

The Economic Legacy of Eugen Varga

How can a country industrialise without causing environmental damage? How do development professionals ensure they act in the interests of recipients, rather than their own donor country? And how is the humanitarian project of development complicated by ideological objectives? The fourth edition of this renowned textbook covers the most urgent issues facing the field of development. With the return of Russia as a global actor, renewed conflict in the Middle East, and global inequality exacerbated by climate change and global health crises, the questions underpinning international development are increasingly fraught. For most of its history, international development was shaped by Cold War competition; at the turn of the twenty-first century, the paradigm shifted as China assumed a greater role, and post-9/11 US development initiatives were intended to reduce militancy in the Middle East. As these tensions return to the world stage, it is ever more important for students to ask what development is - or should be - and what it can achieve. With increased attention to gender and postcolonial perspectives and strong coverage of security, economics and global order, this book is essential reading for students of international development.

Issues and Challenges

International Development

Conjugate Duality in Economic Analysis

This book presents a practical framework for inclusive economic growth and the reduction of inequality within the developing world. It explores the impact of education, health, housing, and transportation and how investment in them can help build middle class nations. By examining the characteristics of middle class nations, such as political stability, social security, and economic attractiveness, economic and public policies are outlined for economic upgrading of developing countries and the creation of institutions that enable stability and effective governance.
<div>This book highlights the economic potential of developing countries and shows how economic transition and transformation is possible. It will be of interest to students, researchers, and policymakers working on development economics and economic policy.</div>

Inclusive Economic Development for the Global South

Building Middle Class Nations

Oxford Handbooks

This is an open access title. It is available to read and download as a free PDF version on Oxford Academic and is made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 International licence. The Oxford Handbook of the Moroccan Economy provides the most authoritative and comprehensive analysis of the country's economy to date. Authored by over 50 leading academic scholars and policy practitioners, this volume is comprised of 35 chapters with rigorous empirical evidence and insights bolstered by long-term engagement in the nation. The Handbook offers a vital overview of Morocco's economic development and the policy options available for the future. The Handbook explores Morocco's progress towards economic diversification, structural transformation, and the development of industrial and economic policies. It covers original reviews of sectors including automotive, aeronautics, handicrafts, tourism, and logistics. Furthermore, it emphasises addressing key issues such as the middle-income trap and promoting economic transformation, offering valuable lessons for low- and middle-income countries across Africa and beyond. Morocco is often recognised as one of Africa's economic bright spots. This volume analyses its economic growth from 2000 to 2025, set against the wider historical context of post-independence development, political changes, and cultural heritage. The Handbook encompasses a diverse range of systematic analytical perspectives, making it an indispensable resource for anyone interested in the Moroccan economy.

The Oxford Handbook of the Moroccan Economy

Development of Happiness in the Contemporary World challenges us to re-think how we measure success, showing that Gross Domestic Product (GDP) is not enough to define progress. 
 

This volume takes readers on a journey from traditional economic measures to groundbreaking models like Doughnut Economics, blending cutting-edge research with compelling examples. It uncovers how alternative frameworks better capture well-being, sustainability, and equity in today’s world. Featuring rare insights and fresh data, it connects economic theory with real-life solutions to global challenges. Whether you’re a policymaker, economist, or curious reader, this book equips you with the tools to rethink prosperity and create a happier, more sustainable future. 
 
Contributors include: Nermin Akarçay, Merve Özcan Altan, Bar¿¿ Çäirkan, Arif Bäbälio¿lu, Necmettin Çelik, Gözde Ersöz, Eylül Kabakçi Günay, Gökmen Kantar, Gül Huyugüzel Ki¿la, Özge Kozal, Begüm Yurteri Kösedäli, Burcu Türkcan, Ulviye Tüfekçi Yaman, Meltem ¿nce Yenilmez, and Hakan Yildirim.

Development of Happiness in the Contemporary World

Lessons from Ethiopia

Transforming African Economies

“A full-frontal attack on France’s blind spot – regionalism – demonstrating that regional structures and identities were part of her reconstruction and modernisation after the First World War. Deeply researched and a masterly comparative study.”
—Robert Gildea, Emeritus Professor, University of Oxford
“With his deep research into economic organisations at the grass-roots level, Terence Cudbird provides an important chapter in the continuing exploration of the unique story of France’s social and economic development between the wars.”
—Julian Wright, Professor, Northumbria University
“Cudbird’s careful archival research demonstrates that, in the wake of the First World War, French regionalism was not just the concern of intellectuals and traditionalists.&nbsp;Industrialists and government ministers also saw the need to decentralise. Bringing decision-making closer to local stakeholders enabled significant change in the interwar period, the achievements of which are documented here, in many cases for the first time.”
—David Hopkin, Professor of History, University of Oxford, Oxford
This book provides a comprehensive account of the achievements of the economic regions set up in France after the First World War. It identifies exactly how they operated, as well as critical success factors such as effective leadership. Some recent historians have taken a very negative view of the part played by these regions in economic development. This new study instead argues that they made a significant contribution and laid the foundations for the regions created in France after 1945. The key areas which they identified: transport, power generation, and technical education, have remained the preoccupations of regional governments in France and elsewhere to this day. The author covers the needs of commerce and industry, but also agriculture and tourism. Based on fresh research using a wide range of primary sources, this book will appeal to economic historians, economists, and geographers, as well as historians with a particular interest in France.
Terence Cudbird gained his doctorate from the University of Oxford in 2020 and is an Associate Member of the History Faculty there. He published an article on the French regions in French History in 2023.

The Origins of Economic Regions in France, 1918-1940

The dominant discourse views the Indian economy's transformation over several decades as a progression towards a grand, unified, and dynamic market economy. Critiquing this discourse, The Nonfarm Economy illustrates the prevalence and intensification of 'structural dualism'. Using both theoretical and empirical perspectives, Bhattacharjee, Chakrabarti, and Rajeev analyse the origins of this persistence and the deepening of a dualistic developmental pattern. By studying the Indian rural economy and parts of the rural Global South, they demonstrate how the contemporary capital-centric growth process itself has induced the intensification of dualism, alongside factors such as population growth and land fragmentation. Only a limited segment of the impoverished population can integrate with the expanding circuits of capital using their skills, resources, and networks; a large mass of people is thus pushed towards dispossession and exclusion. The book further examines the effects of the COVID-19 pandemic on this development pattern, demonstrating how it has intensified the phenomenon of structural dualism. Contrary to the current prescriptions fixated on formal sector growth and policies extending government support, the authors posit a labour-focused (cluster-based) development model and offer constructive policy recommendations for achieving inclusive growth.

Continuity and Change in Rural India

The Nonfarm Economy

The Political Economy of Terrorism

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