HPH Fifty Years of Development Economics by Dr. A. Vasudevan

This Festshchrift is intended as a tribute to the distinguished services rendered to the economics profession in India by the noted scholar Professor P.R. Brahmananda. In a research and teaching career spaning five decades, Prof. Brahmanada not only contributed several generations of students, many among whom went on to become economist of note themselves. His lifelong association with and devotion to the Department of Economics, University of Mumbai helped considerably in the emergence of the Department as a leading centre of excellence for economics education in India. Prof. Brahmadanda's major contributions covered the fields of monetary economics, growth and development and international trade and finance.

Reflecting these major concerns, the contributions in this Volume have been grouped into five parts. Part-1 is developed to Theory and Measurement Issues and comprises eight papers in the fields of monetary theory, growth theory and development economics. The Indian Policy framework forms the subject matter of Part-11 and includes seven papers dearing on issues of monetary and fiscal policy, agriculture, energy and international finance. In recent years, Prof. Brahmadanda has been much exercised about the course that the structural reforms process has taken in India. Issues related to structural adjustment are taken up for discussion in the five papers in Part-111 of this volume.