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Income Distribution, Market Imperfections and Capital Accumulation in a Developing Economy

Authors: Dasgupta, Asim Kumar

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  • Shows the importance of distribution of assets and incomes in explaining the problem of insufficient capital accumulation and growth in an underdeveloped economy
  • Focuses on the significance of political-economic factors, along with conventional issues, such as those related to technical progress and the vicious cycle of poverty
  • Explains how it is possible to develop a more comprehensive package of policies in which Government and NGOs can fruitfully intervene
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eBook $54.99
price for USA (gross)
  • ISBN 978-981-13-1633-3
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  • Immediate eBook download after purchase
Hardcover $69.99
price for USA
  • ISBN 978-981-13-1632-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

The book explains the problem of insufficient capital accumulation and growth in a less developed country. In conventional analyses, such explanations are often found exogenised in terms of factors such as socio-cultural attitudes towards saving and investment, irrationality of peasant behaviour, technological aspects of externalities and demographic parameters. This book provides an alternative explanation in terms of distribution of income and assets.

Focusing on the agricultural sector of a developing economy, it describes how this approach can be extended to cover the industrial sector as well. Further, it develops a model that is then used to analyse the specific problem of capital accumulation in agriculture.


About the authors

Professor Asim K. Dasgupta was Minister of Finance (1987-88 to 2010-11) in the Government of West Bengal, India. He received his Ph.D in Economics with a Widrow Wilson Fellowship at Massachusetts Institute of Technology (M.I.T.), USA in 1975.  He also taught at the College of Business Administration, Boston University (1973-74) and at the Department of Economics, University of Calcutta, India.


Table of contents (8 chapters)

Table of contents (8 chapters)

Buy this book

eBook $54.99
price for USA (gross)
  • ISBN 978-981-13-1633-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $69.99
price for USA
  • ISBN 978-981-13-1632-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
Income Distribution, Market Imperfections and Capital Accumulation in a Developing Economy
Authors
Copyright
2018
Publisher
Palgrave Pivot
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-981-13-1633-3
DOI
10.1007/978-981-13-1633-3
Hardcover ISBN
978-981-13-1632-6
Edition Number
1
Number of Pages
XVIII, 78
Number of Illustrations
2 b/w illustrations
Topics