Professor Padma Desai
Reviews of Her Books
Planning for Industrialization - A Study of Indian Industrialization and Trade Policies (with J. Bhagwati)
OECD Development Center,Oxford: Oxford University Press, 1970; second printing; paperback edition.
book remains one of the best that has been written about
very important and hitherto neglected problem area, and
people with a serious interest in the economic development
South Asian Review
outstanding contribution to the vast literature on India's
classic in the literature not only on Indian economic development
but ... in many respects ... on economic development
and industrialization as a whole."
"A masterly treatise on [the] Indian economy ... Ministers, planners, economists, students and teachers need to take a
good hard look at the contents of this work."
authors] treat the history of the Indian plan with much
done before.... Nobody who wants to understand what is
ground [they] provide."
The Soviet Economy: Problems and Prospects
Oxford: Basil Blackwell, 1987. Paperback edition, 1990.
students of the Soviet economy, Padma Desai is noted not only for her Russian
expertise but for her concern for technical rigor. This is a masterly volume.'
'Penetrating, insightful and wide‑ranging in scope, these essays should be on the bookshelf of every serious student of the Soviet economy.'
Desai's book makes clear that Sovietology is ripe for advanced techniques and
reasoning. The book is a brilliant example of this approach.'
J. Wagener, Economica
substantial body of work, which advances our knowledge of the growth process in
a centralized economy in several directions.'
Michael Montias, Journal of Comparative Economics
theoretical elegance, econometric sophistication, and precise handling of
empirical evidence. Many general economists will enjoy Desai's sophisticated and
rigorous appraisal of the Soviet system. Policymakers will quote from her
Hunter, The Annals
of the American Academy of Polifical and Social Science
Desai is a pioneer in the application of quantitative methods to the study of
W. Davies, The Times
Nigher Educational Supplement
ingenious and innovative. The book is to be highly recommended to all
Perestroika in Perspective: The Design and Dilemmas of Soviet Reform
Princeton: Princeton University Press, 1989.Revised paperback edition, 1990.
The Indonesian and Korean translations of the book were published in 1990.
"Perestroika in Perspective is . . . accessible to the general reader, and ranges ... widely to examine political, social, and cultural
forces linked to
economic change. It offers a sound ... review of Mr. Gorbachev's reform
Philip Taubman, The New York Times Book Review
this short, uncomplicated book, Desai provides in layman's terms a marvelously
succinct description of what Gorbachev is attempting to do, and a sound
discussion of the difficulties he faces in doing it."
Nicolai N. Petro, Orbis
an introduction to the subject, [Perestroika
in Perspective] is a
John Barber, London Review of Books
lively little book on perestroika. . . . Perestroika in the Soviet Union is
potentially the most significant of all contemporary ventures. It is one of the.
merits of this book that it makes clear not only how difficult is the starting
point, but how uncertain is the goal."
Martin Wolf, Financial Times
"In a careful, lucid analysis of industrial, agricultural, co‑op and foreign
trade policies, [Desai] raises reasonable doubts about [Gorbachev's]
strategy. . . . Desai argues cogently that Gorbachev and his
Robert Sharlet, The New Leader
Going Global: Transition from Plan to Market in the World Economy, (Editor)
The MIT Press, December 1997. Second Edition in 1999. The Chinese translation of the book appeared in 1999.
"A considerable number of economies have been in the process of transition for a number of years, and their different experiences provide evidence on what works and what does not. Padma Desai's fine volume collates and assesses this evidence... The country studies will be of interest and value to specialists, and to those who seek a detailed description of the early stages of transition in particular countries. For the more general reader, however, the most interesting and rewarding chapter in the volume with be Desai's introduction, which uses the experiences reported in the country studies in an effort to draw a conclusion from the whole."
Brian Hindley,The Times Literary Supplement, January 15, 1999
Financial Crisis, Contagion, and Containment: From Asia to Argentina
Princeton University Press, June 2003.
"The best book yet about the financial crises that have swept the world in recent years. Desai offers a comprehensive, critical survey that will unsettle ideologues right and left. This book is essential reading for anyone interested in the global economy."
Paul Krugman, Professor of Economics and International Affairs, Princeton University
"Padma Desai attacks head-on fundamental questions about the compatibility of small emerging country economies with inherently volatile global financial markets--questions that have too often been ignored or glossed over in the policy debate."
Paul Volcker, Former Chairman, The Federal Reserve
"Padma Desai's thorough and insightful analysis of the financial crises that have devastated many emerging market economies over the past several years is essential reading for anyone seeking to understand the downside of the
global financial system. Her forceful policy recommendations deserve to be considered at the highest level."
"Padma Desaiís stimulating and path-breaking comparative analysis of the pace and sequencing of financial liberalization processes has profound implications for the planning of national policies and the structure of international financial cooperation. The book makes an outstanding contribution to our understanding of these complex issues, and to the designing of sensible proposals for rebuilding the international financial architecture."
Manmohan Singh, Former Finance Minister of India
"Professor Padma Desai has long stood as a voice for caution, pragmatism, and common sense against those who would impose untested economic models on economies in transition. In this book, she turns her attention to the central asymmetry of the world financial system: rich countries retain the privilege of managing their economies, while poor countries, having liberalized their financial markets prematurely, remain hostage to volatile capital flows, and when the inevitable crisis strikes, have to succumb to ill-fitting arrangements designed for them by the International Monetary Fund. This is a book that should be read widely."
Dani Rodrik, Rafiq Hariri Professor of International Political Economy, John F. Kennedy School of Government, Harvard University
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