Macroeconomic Theory and Policy

The author offers an intensely insightful discourse on the crisis of capitalist economy desperately struggling to find an escape route in the maze of neo- imperialism and globalization. In the present context of global economic recession this endeavour becomes even more pertinent as it examines the crisis of the capitalist economy in general and Keynsian economics in particular. The macroeconomic implications in the Indian context have made the compilation of these sixteen essays more significant for the readers. The volume will cater to the needs of the undergraduate and post graduate students and scholars looking for a more realistic approach to the macroeconomic theory.