Dr. Ambar Nath Ghosh is a professor of economics at Jadavpur University, Kolkata and a former professor of economics at Presidency College, Calcutta. He has contributed many research articles in respected national and international journals. He specializes in macroeconomic theory, public economics, international trade and finance. His published books include: Economics of Public Sector (2008) and Macroeconomics (2011), both with Prentice Hall Pvt. Ltd., New Delhi.Dr. Asim K. Karmakar is assistant professor of economics at Jadavpur University, Kolkata and managing editor of the quarterly referred journal, Artha Beekshan. He is also the Executive Council Member of ‘The Indian Econometric Society’. He has contributed many research articles in national and international journals of repute. He specializes in balance of payments, Indian economy and development economics. His published books include: Balance of Payments Theory and Policy (2010) andCapital Account Convertibility in India (Co-edited) (2011), Deep & Deep Publications, New Delhi and Food Security in India (co-edited) (2012), Regal Publications, New Delhi.

• Section I: International Trade.- Chapter 1: Trade-Environment Linkage: A South-centric Model-specific Analysis.- Chapter 2: Accumulation of Capital for Pollution Abatement and Immizerizing Growth: A Theoretical Result for Developing Economies.- Chapter 3: Optimal Entry Mode for Multinationals with Possibility of Technology Diffusion.- Chapter 4: An Example of Innovation Inducing Tariff Protection.- Chapter 5: Import Restriction, Capital Accumulation   and Use of Child Labour: A General Equilibrium Analysis.- Chapter 6: Direction of Trade, Exchange Rate Regimes and Financial Crises: The Indian Case.- Chapter 7: Global Crisis, Financial Institutions and Reforms: An Indian Perspective.- Chapter 8: Global Capital Flows & Payments Imbalances.- Section II: Development.- Chapter 9: Widespread Poverty Amidst High Economic Growth: Some Lessons from South Asia.- Chapter 10: Development Dividend of Peace: Experience of South Asia.- Chapter 11: Well-Being in Human Development Framework : Constituents and Aggregation.- Chapter 12: Human Capital Accumulation, Environmental Quality, Taxation and Endogenous Growth.- Chapter 13: Labour Supply Schedule of the Poor: A Commonsense Approach.- Chapter 14: Switching as an Investment Strategy: Revisiting Parrondo’s Paradox.- Chapter 15: Asymmetric Information, Non-Cooperative Games and Impatient Agents: Modeling the failure of Environmental Awareness Campaigns.- Chapter 16: Government’s Role in Controlling Food Inflation.- Chapter 17: Inter-State Variations in Levels & Growth of Industry: Trends During the Last Three Decades.- Chapter 18: Unit Root and Structural Break: Experience from the Indian Service Sector.- Chapter 19: Infrastructure Development and Regional Growth in India.- Chapter 20: The Phenomenon of Wasted Vote in the Parliamentary Elections of India.- Section III: Macroeconomics and Finance.- Chapter 21: Monetary Policy and Crisis.- Chapter 22: An Effective Demand Model of Corporate Leverage & Recession.- Chapter 23: Empirical Evidence on the Relationship between Stock Market Development & Economic Growth: A Cross-Country Exploration in Asia.- Chapter 24: Financial Development in India: An Empirical Test of the McKinnon-Shaw Model.- Chapter 25: Dynamics of Indian Stock Market.- Chapter 26: Analysis of Revenue Efficiency: Empirical Study of Indian Non-Life Insurance Companies.- Chapter 27: Empirics on Fiscal Smoothing : Some Econometric Evidence for the Indian Economy.- Chapter 28: Index of Financial Inclusion: Some Empirical Results.- Chapter 29: The Causal linkage between FDI and Current Account Balance in India: An Econometric Study in the Presence of Endogenous Structural Breaks.- Chapter 30: Contagious Financial Crises in the Recent Past and Their Implications for India.

Dr. Ambar Nath Ghosh is a professor of economics at Jadavpur University, Kolkata and a former professor of economics at Presidency College, Calcutta. He has contributed many research articles in respected national and international journals. He specializes in macroeconomic theory, public economics, international trade and finance. His published books include: Economics of Public Sector (2008) and Macroeconomics (2011), both with Prentice Hall Pvt. Ltd., New Delhi.Dr. Asim K. Karmakar is assistant professor of economics at Jadavpur University, Kolkata and managing editor of the quarterly referred journal, Artha Beekshan. He is also the Executive Council Member of ‘The Indian Econometric Society’. He has contributed many research articles in national and international journals of repute. He specializes in balance of payments, Indian economy and development economics. His published books include: Balance of Payments Theory and Policy (2010) andCapital Account Convertibility in India (Co-edited) (2011), Deep & Deep Publications, New Delhi and Food Security in India (co-edited) (2012), Regal Publications, New Delhi.

• Section I: International Trade.- Chapter 1: Trade-Environment Linkage: A South-centric Model-specific Analysis.- Chapter 2: Accumulation of Capital for Pollution Abatement and Immizerizing Growth: A Theoretical Result for Developing Economies.- Chapter 3: Optimal Entry Mode for Multinationals with Possibility of Technology Diffusion.- Chapter 4: An Example of Innovation Inducing Tariff Protection.- Chapter 5: Import Restriction, Capital Accumulation   and Use of Child Labour: A General Equilibrium Analysis.- Chapter 6: Direction of Trade, Exchange Rate Regimes and Financial Crises: The Indian Case.- Chapter 7: Global Crisis, Financial Institutions and Reforms: An Indian Perspective.- Chapter 8: Global Capital Flows & Payments Imbalances.- Section II: Development.- Chapter 9: Widespread Poverty Amidst High Economic Growth: Some Lessons from South Asia.- Chapter 10: Development Dividend of Peace: Experience of South Asia.- Chapter 11: Well-Being in Human Development Framework : Constituents and Aggregation.- Chapter 12: Human Capital Accumulation, Environmental Quality, Taxation and Endogenous Growth.- Chapter 13: Labour Supply Schedule of the Poor: A Commonsense Approach.- Chapter 14: Switching as an Investment Strategy: Revisiting Parrondo’s Paradox.- Chapter 15: Asymmetric Information, Non-Cooperative Games and Impatient Agents: Modeling the failure of Environmental Awareness Campaigns.- Chapter 16: Government’s Role in Controlling Food Inflation.- Chapter 17: Inter-State Variations in Levels & Growth of Industry: Trends During the Last Three Decades.- Chapter 18: Unit Root and Structural Break: Experience from the Indian Service Sector.- Chapter 19: Infrastructure Development and Regional Growth in India.- Chapter 20: The Phenomenon of Wasted Vote in the Parliamentary Elections of India.- Section III: Macroeconomics and Finance.- Chapter 21: Monetary Policy and Crisis.- Chapter 22: An Effective Demand Model of Corporate Leverage & Recession.- Chapter 23: Empirical Evidence on the Relationship between Stock Market Development & Economic Growth: A Cross-Country Exploration in Asia.- Chapter 24: Financial Development in India: An Empirical Test of the McKinnon-Shaw Model.- Chapter 25: Dynamics of Indian Stock Market.- Chapter 26: Analysis of Revenue Efficiency: Empirical Study of Indian Non-Life Insurance Companies.- Chapter 27: Empirics on Fiscal Smoothing : Some Econometric Evidence for the Indian Economy.- Chapter 28: Index of Financial Inclusion: Some Empirical Results.- Chapter 29: The Causal linkage between FDI and Current Account Balance in India: An Econometric Study in the Presence of Endogenous Structural Breaks.- Chapter 30: Contagious Financial Crises in the Recent Past and Their Implications for India.

Dr. Ambar Nath Ghosh is a professor of economics at Jadavpur University, Kolkata and a former professor of economics at Presidency College, Calcutta. He has contributed many research articles in respected national and international journals. He specializes in macroeconomic theory, public economics, international trade and finance. His published books include: Economics of Public Sector (2008) and Macroeconomics (2011), both with Prentice Hall Pvt. Ltd., New Delhi.Dr. Asim K. Karmakar is assistant professor of economics at Jadavpur University, Kolkata and managing editor of the quarterly referred journal, Artha Beekshan. He is also the Executive Council Member of ‘The Indian Econometric Society’. He has contributed many research articles in national and international journals of repute. He specializes in balance of payments, Indian economy and development economics. His published books include: Balance of Payments Theory and Policy (2010) andCapital Account Convertibility in India (Co-edited) (2011), Deep & Deep Publications, New Delhi and Food Security in India (co-edited) (2012), Regal Publications, New Delhi.

• Section I: International Trade.- Chapter 1: Trade-Environment Linkage: A South-centric Model-specific Analysis.- Chapter 2: Accumulation of Capital for Pollution Abatement and Immizerizing Growth: A Theoretical Result for Developing Economies.- Chapter 3: Optimal Entry Mode for Multinationals with Possibility of Technology Diffusion.- Chapter 4: An Example of Innovation Inducing Tariff Protection.- Chapter 5: Import Restriction, Capital Accumulation   and Use of Child Labour: A General Equilibrium Analysis.- Chapter 6: Direction of Trade, Exchange Rate Regimes and Financial Crises: The Indian Case.- Chapter 7: Global Crisis, Financial Institutions and Reforms: An Indian Perspective.- Chapter 8: Global Capital Flows & Payments Imbalances.- Section II: Development.- Chapter 9: Widespread Poverty Amidst High Economic Growth: Some Lessons from South Asia.- Chapter 10: Development Dividend of Peace: Experience of South Asia.- Chapter 11: Well-Being in Human Development Framework : Constituents and Aggregation.- Chapter 12: Human Capital Accumulation, Environmental Quality, Taxation and Endogenous Growth.- Chapter 13: Labour Supply Schedule of the Poor: A Commonsense Approach.- Chapter 14: Switching as an Investment Strategy: Revisiting Parrondo’s Paradox.- Chapter 15: Asymmetric Information, Non-Cooperative Games and Impatient Agents: Modeling the failure of Environmental Awareness Campaigns.- Chapter 16: Government’s Role in Controlling Food Inflation.- Chapter 17: Inter-State Variations in Levels & Growth of Industry: Trends During the Last Three Decades.- Chapter 18: Unit Root and Structural Break: Experience from the Indian Service Sector.- Chapter 19: Infrastructure Development and Regional Growth in India.- Chapter 20: The Phenomenon of Wasted Vote in the Parliamentary Elections of India.- Section III: Macroeconomics and Finance.- Chapter 21: Monetary Policy and Crisis.- Chapter 22: An Effective Demand Model of Corporate Leverage & Recession.- Chapter 23: Empirical Evidence on the Relationship between Stock Market Development & Economic Growth: A Cross-Country Exploration in Asia.- Chapter 24: Financial Development in India: An Empirical Test of the McKinnon-Shaw Model.- Chapter 25: Dynamics of Indian Stock Market.- Chapter 26: Analysis of Revenue Efficiency: Empirical Study of Indian Non-Life Insurance Companies.- Chapter 27: Empirics on Fiscal Smoothing : Some Econometric Evidence for the Indian Economy.- Chapter 28: Index of Financial Inclusion: Some Empirical Results.- Chapter 29: The Causal linkage between FDI and Current Account Balance in India: An Econometric Study in the Presence of Endogenous Structural Breaks.- Chapter 30: Contagious Financial Crises in the Recent Past and Their Implications for India.