Development Economics

Raja Junankar studied at the London School of Economics, and has a Ph.D. from the University of Essex, UK. He has held research and teaching appointments in Australia, Britain, Canada, France, Germany, India, and the United States of America. He has published several books and refereed papers in leading national and international journals. He is an Emeritus Professor, University of Western Sydney and Honorary Professor, UNSW Australia.

• 1. Introduction2. Land Tenure, Agricultural Productivity, and Taxation2.1 Land Tenure and Indian Agricultural Productivity2.2 Land Ceilings as a Tax on Agriculture2.3 Review of Palanpur: The Economy of an Indian Village 2.4 Agricultural Taxation in Less Developed Countries3 Poverty, Mobility and Inequality3.1 Poverty in India3.2 The Green Revolution and Inequality 3.3 Mobility and Inequality in Indian Agriculture4 Do Farmers in Developing Countries Maximise Profits?4.1 Tests of the Profit Maximisation Hypothesis4.2 Do Indian Farmers Maximize Profits?4.3 Neoclassical Economics and Indian Agriculture4.4 The Response of Peasant Farmers to Price Incentives5 Informal Labour Markets5.1 The Informal Labour Market in India6 Microfinance and Women's Empowerment6.1 Factors influencing women's empowerment on microcredit borrowers

“Combining theoretical discussion and rich empirical analysis, this book has successfully filled a void left by existing development economics literature. The book provides readers with plenty of information regarding the role of agriculture in the process of development, which was usually omitted in previous development economics literature. … This book takes one of the most important issues with which relevant economic analysis should be welcomed. This book will gain a broad readership among economists and students in development economics.” (Jianqing Ruan, China Agricultural Economic Review, Vol. 9 (1), 2017)