Learn the key tools and theories taught at the leading business schools in just 10 days.

The current financial crisis has led to a renewed interest in Keynesian economic models because they allow for a stronger relationship between the financial sector and the 'real' economy. This book shows how we can extend the Keynesian approach to explain a variety of phenomena related to the current crisis.

These essays are written by leading economists working on the Indian economy. They emphasize the importance of policies and institutions for growth and poverty reduction, stressing that the success of sector-specific policies is dependent on the nature of markets and the functioning of institutions including those charged with regulating critical sectors.