Debashis Mazumdar - Böcker

In today’s interconnected world, the strategic interaction between the goals of different countries plays a crucial role in achieving meaningful results. Economic development in particular should be analysed as a multi-faceted, nonlinear, and dynamic process, with systematically shifting interaction patterns that require changes in policies and institutions. Changing Dimensions in Economic Development: Theories and Empirics examines the shift from the traditional welfare approach into a non-welfarist approach, which allows for treating individual welfare as multi-dimensional and takes into account the notions of capability, freedom of choice, and social justice.By exploring the different dimensions of interdisciplinary research on development economics and its shifting paradigms, approaches can be devised to develop more comprehensive and effective strategies to promote inclusive and sustainable development globally. As the field continues to evolve, paradigms within development economics will shift to reflect the transformative power of ideas. The dynamic nature of this field demands a willingness to challenge established norms, question assumptions, and embrace innovative approaches which will appeal to academics and practitioners alike.

From the 2008 global financial crisis and the Covid-19 pandemic, to Brexit and the ongoing Russia-Ukraine war, the past two decades have been a turbulent period for the global economy.Recognising that we are currently at a tipping point, Contemporary Issues in International Trade: Challenges and Opportunities provides a comprehensive overview of the changes in trade and capital flows currently in play across the globe. Topics of discussion include:Vertical specializationImpact of crises on tradeMacroeconomic vulnerability in developing countriesIndia’s automotive and technological exportsThe influence of liberalization on India’s manufacturing sectorInternational insurance marketsProtectionismLabour market impact of trade reformsBlockchain technologyThe influence of ‘fake news’ on trading preferencesChallenges in the globalisation of agricultureCorrelations between trade and human developmentReaching beyond the usual terrain of economic engagement, this edited collection confronts critical issues to demand urgent analytical attention and a harnessing of the economic potential at stake.