In service of the republic : the art and science of economic policy

By:

Kelkar, Vijay

Contributor(s):

Shah, Ajay

Publication details: Gurgaon ‎Penguin Random House India Pvt. Ltd. 2019Description: xiii,425pISBN:

‎9780670093328

Subject(s):

DDC classification:

338.954 KEL

Contents:

Contents Preface Xl Part I: Foundations 1. The purpose of government 3 2. The limited toolkit of intervention 15 3. A long history of failure 19 Part II: Diagnosing the Indian experience 4. Anatomy of our policy failure 27 5. Why do things go wrong? 32 Part Ill: The science 6. People respond to incentives 55 7. Going with the grain of the price system 65 8. More competition, always 74 9. Trace out the general equilibrium effects 82 10. Go to the root cause, use the smallest possible force 87 11. Redistribution is fraught with trouble 94 12. Private solutions for market failure 101 13. Bring cold calculations into the policy process 109 14. Ask the right question 118 15. Taking decentralization seriously 126 Part IV: The art 16. Evolutionary change for society, revolutionary change for government 17. Cross the river by feeling the stones 18. Adapting from the international experience? 19. Test match, not IPL 20. What is hard and what is easy 21. Confident policymakers work in the open 22. Criticism and conflict have great value 23. Coming out right, always, is too high a bar 24. A country is not a company 25. System thinking 26. Beware the rule of officials Part V: The public policy process 27. Policymaking is siege-style assault 28. Choosing from pillars of intervention 29. Walk before you can run 30. Low state capacity changes policy design 31. Rolling up your sleeves to build state capacity 32. Dealing with constraints in information 295 33. Investing in knowledge institutions 303 Part VI: Applying these ideas: some examples 34. Building the perfect GST in a low-capacity state 313 35. Health policy 316 36. Financial economic policy 328 37. Dealing with macroeconomic and financial crises 342 Part VII: Parting words 38. Do no harm 367 39. Prioritize institution building over just GDP growth 377 40. Conclusion 383 Acknowledgements 389 Notes 395 Index 411

List(s) this item appears in: Urban October 2024

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	CEPT Library Books are displayed on a specific concept	Faculty of Planning	338.954 KEL	Available		023067

Total holds: 0

Contents
Preface Xl
Part I: Foundations
1. The purpose of government 3
2. The limited toolkit of intervention 15
3. A long history of failure 19
Part II: Diagnosing the Indian experience
4. Anatomy of our policy failure 27
5. Why do things go wrong? 32
Part Ill: The science
6. People respond to incentives 55
7. Going with the grain of the price system 65
8. More competition, always 74
9. Trace out the general equilibrium effects 82
10. Go to the root cause, use the smallest possible force 87
11. Redistribution is fraught with trouble 94
12. Private solutions for market failure 101
13. Bring cold calculations into the policy process 109
14. Ask the right question 118
15. Taking decentralization seriously 126
Part IV: The art
16. Evolutionary change for society, revolutionary change for government
17. Cross the river by feeling the stones
18. Adapting from the international experience?
19. Test match, not IPL
20. What is hard and what is easy
21. Confident policymakers work in the open
22. Criticism and conflict have great value
23. Coming out right, always, is too high a bar
24. A country is not a company
25. System thinking
26. Beware the rule of officials
Part V: The public policy process 27. Policymaking is siege-style assault
28. Choosing from pillars of intervention
29. Walk before you can run
30. Low state capacity changes policy design
31. Rolling up your sleeves to build state capacity
32. Dealing with constraints in information 295
33. Investing in knowledge institutions 303
Part VI: Applying these ideas: some examples
34. Building the perfect GST in a low-capacity state 313
35. Health policy 316
36. Financial economic policy 328
37. Dealing with macroeconomic and financial crises 342
Part VII: Parting words
38. Do no harm 367
39. Prioritize institution building over just GDP growth 377
40. Conclusion 383
Acknowledgements 389
Notes 395
Index 411

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