Arguing about the world : : the work and legacy of Meghnad Desai / / edited by Mary Kaldor and Polly Vizard.

• TeilnehmendeR: Kaldor, Mary,; Vizard, Polly,
• Place / Publishing House: London, England ;, New York, New York : : Bloomsbury Academic,, [2011]; ©2011
• Year of Publication: 2011
• Language: English
• Physical Description: 1 online resource (206 p.)
• Notes: Includes index.

Meghnad Desai is Professor Emeritus of Economics at the LSE. He is founder of LSE Global Governance. From 1990-1995 he was Director of LSE's Development Studies Institute and has been at the LSE for over 30 years. In 1991, Meghnad Desai was created Lord Desai of St Clement Danes. His latest book is Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism . By enabling leading scholars and other public figures to explore the subjects that inspired them and Lord Desai, the publication will offer a fascinating exploration of progress on economics, human rights and development

Table of Contents

Cover; Contents; About the Contributors; Acknowledgements; Introduction; Interview; 1 Marx's Tragedy; The Marx problem; The Marx of the Communist Manifesto; Marx's theory of capitalist crisis; Life after capitalism?; Notes; References; 2 Macro-Prudential Supervision; Preface; Why is macro-prudential supervision needed?; What macro-prudential instruments?; Counter-cyclical instruments; Capital ratios; Liquidity ratios; Other, somewhat less conventional, proposals; Generic problems with such macro-prudential regulations; Conclusion; Notes; References

3 A Tale of Three Cities: Model Selection in Over-, Exact, and Under-specified Equations Preface by David F. Hendry; Introduction; Over-specification; The null model; Regressions with relevant variables; Perfect collinearity; Impulse-indicator saturation; More candidate regressor variables than observations; Models with non-linear variables; Exact-specification; Forcing the correct specification; Forcing an incorrect specification; Under-specification; Model selection with IIS; Conclusion; References; 4 Indian Reforms; Abysmal growth prior to reforms

Substantially enhanced growth after the reforms The poor and the underprivileged have also benefited; References; 5 Transgressing Heterosexual Norms: Some Observations on Recent Events in India and Nepal; Introduction; The problematic of marriage; Contesting the shape of heterosexuality; Honour; 'Honour' killings in India: cases and context; Challenging heteronormativity; Nepal; Conclusion; Notes; References; 6 Agrarian Power and Agricultural Productivity in South Asia Revisited; APAP in its time: the context; APAP: arguments and their significance; APAP reconsidered; References

7 Disability and Human Development Introduction; Development and disability; Capability and disability I: Sen and Nussbaum; Capability and disability II: individual and social models; Some implications for measurement and data collection; Conclusions; Notes; References; 8 The G20: A New Experiment in Global Governance; The first two years: managing the crisis; Understanding the nature of the crisis; Policies to counter recession; Co-ordinating macro-economic policy; Creating a new architecture for financial regulation; Strengthening the International Financial Institutions

A moratorium on protectionism Reforming of the International Monetary System; Weaknesses in the present system; Reducing volatility and mismanagement; Dominance of the dollar; Role of the SDR; Managing capital flows; Access to multilateral financing; Increased voice of developing countries in the IMF; Other tasks before the G20; Completion of Doha Round; Climate change negotiations; Other issues; The Legitimacy of the G20; Conclusion; Notes; References; 9 The Hydra-headed Crisis; Economic and financial crisis; Security crisis; Environmental crisis; The governance problem; The way forward

Notes