Theory and Empirics of Economics in the Current Perspective

This volume tackles the pressing development challenges facing growing economies. It confronts the central tensions between growth, inequality, and distribution. Key themes include designing tax principles to foster both redistribution and economic expansion, and planning for rapid urbanization that promotes inclusive growth rather than exacerbating divides. The book further examines fiscal constraints and capital flow volatility in a liberalized era, alongside policies for efficient health and housing institutions. It provocatively considers the benefits of reverse migration for alleviating urban slum poverty and addresses income disparities fueled by varying consumerism. Strategies for fiscal industrialization, combating socio-economic ills like crime, and managing food price inflation are analyzed. Each contribution poses a specific policy question, employs a rigorous analytical method, and is supported by pertinent empirical data. Its contemporary and comprehensive scope offers invaluable insights for policymakers, researchers, and academics. It also serves as an essential text for students of macroeconomics, development, and political economy.