Employment, Growth and Development

Deepak Nayyar is Professor Emeritus at Jawaharlal Nehru University, New Delhi, where he taught Economics for 25 years, and was until recently Distinguished University Professor of Economics at the New School for Social Research, New York. Earlier, he taught at the University of Oxford, the University of Sussex and the Indian Institute of Management, Calcutta. He was Vice-Chancellor of the University of Delhi (2000–2005). He also served as Chief Economic Adviser to the Government of India and Secretary in the Ministry of Finance (1989–1991). He was a Rhodes Scholar at Oxford, from where he has a D.Phil. in Economics, and is an Honorary Fellow of Balliol College, Oxford. He has published widely in academic journals. His books include Catch Up: Developing Countries in the World Economy (2013).

• List of figures List of tables Preface Acknowledgements Introduction PART I Employment and development 1 The financial crisis, the Great Recession and the developing world 2 Why employment matters: reviving growth and reducing inequality 3 Macroeconomics and human development 4 The millennium development goals beyond 2015: old frameworks and new constructs PART II Growth and development 5 The West and the Rest in the world economy: the next transformation? 6 China, India, Brazil and South Africa in the world economy: engines of growth? 7 The emerging Asian giants and economic development in Africa 8 BRICS, developing countries and global governance PART III Development, polity and society 9 Globalization and democracy 10 Discrimination and justice: beyond affirmative action Index

"Deepak Nayyar is a rare breed among economists. At a time when economists migrate to ‘fashionable’ fields like monetary economics, trade theories and derivatives, he retains an abiding interest in development economics with special reference to the growth and welfare concerns of developing countries... This book has set the tone for a larger debate on development economics."Kandaswami Subramanian, The Hindu