Professor Radhakrishna’s comprehensive analysis of consumer behavior, food security and nutrition will help in designing appropriate policies for inclusive development and for rapidly achieving majority of the sustainable development goals of the United Nations for India.
—Dr. C. Rangarajan, Former RBI Governor, Government of India; Madras School of Economics, Chennai
R. Radhakrishna a distinguished economist and a prolific researcher. Beyond teaching and research, he has also led several academic institutions in India with distinction. His engagement with the policy domain in India has led him to research the contemporary. The range and depth of his work is indeed impressive, which is clearly demonstrated by this volume of his collected works which seeks to focus on growth, poverty and wellbeing. It will be valuable reading for teachers, students and researchers in economics, as well as for policymakers in development.
—Prof. Deepak Nayyar, Emeritus Professor of Economics, Jawaharlal Nehru University, New Delhi; Former Distinguished University Professor of Economics, New School for Social Research, New York and Former Vice Chancellor, University of Delhi
This volume of papers by Prof. Radhakrishna covers over three decades of pioneering research in interrelated areas of growth, poverty, inequality and wellbeing. Prof. Radhakrishna began working on these topics with seminal papers in early 1980s on Models of Consumer Behavior and Models of Complete Expenditure Systems in India – papers that triggered a lot of research in macro modelling including computable general equilibrium models. Since then his dedicated research on these topics has resulted in a set papers in this volume that eminently combines theory and empirical rigour, covering macro and micro perspectives, leading to policy relevant conclusions. This volume will be an invaluable source material for years to come to students, researchers, practitioners and policy makers interested in India’s growth, poverty, inequality and wellbeing.
—Dr. K Subba Rao, Consultant, Poverty and Social Protection; Formerly Professor of Economics at the Institute of Economic Growth,
and Lead Economist, The World Bank
Professor Radhakrishna is one of the few economists in India who have contributed substantially to research and analysis on the problems and policies of inclusive economic growth. His work on growth, income and multi-dimensional poverty, wellbeing, inequality, malnutrition and agricultural development has been path-breaking and has generated substantial research. This Book is a testimony to the excellence of his work and sincerity of his commitment.
—Prof. Mahendra Dev, Vice Chancellor, Indira Gandhi Institute of Development Research, Mumbai
About the Author
Prof. R. Radhakrishna is recognized as one of the most influential applied economists of India. Known both nationally and internationally for his immense contributions to literature and policy in the areas of development economics, welfare analysis, and applied econometrics, Prof. Radhakrishna is a prolific researcher, respected teacher, able academic administrator, and notable institution builder. He led a number of institutions in their formative years, including the Department of Economics of the Central University of Hyderabad and Centre for Economic and Social Studies, Hyderabad, and Indira Gandhi Institute of Development Research, Mumbai. He has also held many distinguished positions, such as the Chairman, National Statistical Commission; Member Secretary, ICSSR; and Vice Chancellor, Andhra University; among others. Over the years, he has also been bestowed with several academic and public awards.
R. Maria Saleth is an Honorary Professor at Madras School of Economics, Chennai.
S. Galab is Director of Centre for Economic and Social Studies (CESS), Hyderabad.
Ram Kumar Mishra is Director of Institute of Public Enterprise, Hyderabad.
E. Revathi is a Professor at CESS, Hyderabad.
M.V. Narayana Reddy is a former DGM of Andhra Bank, Hyderabad.