scholarly journals The Political Economy of Policy Instrument Choice: Theory and Evidence from Agricultural and Food Policies

2016 ◽  
Vol 06 (01) ◽  
pp. 106-117 ◽  
Author(s):  
Johan Swinnen ◽  
Alessandro Olper ◽  
Thijs Vandemoortele
Keyword(s):  
Political Economy ◽  
Choice Theory ◽  
Policy Instrument ◽  
The Political ◽  
Instrument Choice ◽  
Food Policies ◽  
Policy Instrument Choice

Revisiting The Political Economy of Development in India

2020 ◽  
pp. 3-27
Author(s):  
Elizabeth Chatterjee ◽  
Matthew McCartney
Keyword(s):  
Political Economy ◽  
Rational Choice Theory ◽  
Choice Theory ◽  
The Political ◽  
Asian Studies ◽  
South Asian Studies ◽  
The Face ◽  
Political Economy Of Development ◽  
Fierce Competition ◽  
Analytical Tools

Pranab Bardhan’s 1984 book The Political Economy of Development in India (PEDI) has had enduring influence. For students of Indian political economy it quickly became a scholarly touchstone. In the years since publication, however, political economy has fallen out of favour in South Asian studies. The contributors to this volume revive class analysis to interrogate India’s great transformation since the 1980s. This chapter outlines Bardhan’s key analytical tools, his innovative fusion of Marxist and rational-choice theory, and his diagnosis of India’s deep collective-action problems as a result of fierce competition between dominant classes. It then surveys the chapters that follow, which together find striking continuities in contemporary Indian political economy in the face of three decades of liberalization.

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