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An Economist in the Real World
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An Economist in the Real World: The Art of Policymaking in India

Kaushik Basu

Abstract

In 2009, the economist Kaushik Basu left the world of academic research for the nuts and bolts of policymaking. Appointed by the then Prime Minister of India, Manmohan Singh, to be chief economic adviser (CEA) to the Government of India, Basu—a theorist, with special interest in development economics, and a professor of economics at Cornell University—discovered the complexity of applying economic models to the real world. Effective policymaking, Basu learned, integrates technical knowledge with political awareness. In this book, Basu describes the art of economic policymaking, viewed through ... More

Keywords: Development economics, Economic policymaking, Fiscal and monetary policy, Globalization, India and growth, Antipoverty programs

Bibliographic Information

Print publication date: 2015 Print ISBN-13: 9780262029629
Published to University Press Scholarship Online: September 2016 DOI:10.7551/mitpress/9780262029629.001.0001

Authors

Affiliations are at time of print publication.

Kaushik Basu, author