The field of development economics has witnessed major changes over
the last tow or three decades. From being a largely descriptive
discipline, it has now become much more rigorous and theoretically
well-founded. Kaushik Basu s work has played a significant role in
this transformation of development economics, and the present book
is a collection of his major papers in the field. Theoretical
development is a difficult discipline because it entails the use of
good economic theory but at the same time requires that the
researcher keep a keen eye-an anthropologist s eye-on reality. This
collection illustrates this method of research well as it ranges
from commenting on contentious subjects, such as the design of
policy to combat child labour, through the role of social norms in
explaining why certain unwanted economic institutions persist, to
how literacy ought to be measured.
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