Income Distribution, Market Imperfections and Capital Accumulation in a Developing Economy

Professor Asim K. Dasgupta was Minister of Finance (1987-88 to 2010-11) in the Government of West Bengal, India. He received his Ph.D in Economics with a Widrow Wilson Fellowship at Massachusetts Institute of Technology (M.I.T.), USA in 1975.  He also taught at the College of Business Administration, Boston University (1973-74) and at the Department of Economics, University of Calcutta, India.

• Introduction.- Chapter 1: Characteristics of the Economy.- Chapter 2: The Model.- Chapter 3: Behaviour of the System over Time.- Chapter 4: Significance of the Distribution of Income and Structure of Credit Market.- Chapter 5: Different Ways of Resolving the Crisis.- Chapter 6: Some Other Results in the Literature.- Chapter 7: Generalisations.