TY - BOOK AU - Basu, Kaushik TI - An economist in the real world: the art of policymaking in India SN - 9780670088751 U1 - 330.954 PY - 2016/// CY - Haryana PB - Penguin Random House India Pvt. Ltd. KW - Politics and government KW - Economic development KW - Economic policy KW - Economists KW - Employees N2 - In December 2009, the economist Kaushik Basu left the rarefied world of academic research for the nuts and bolts of policymaking. Appointed by the then Prime Minister of India, Manmohan Singh, to be chief economic adviser (CEA) to the Government of India, Basu -- a theorist, with special interest in development economics, and a professor of economics at Cornell University -- discovered the complexity of applying economic models to the real world. Effective policymaking, Basu learned, integrates technical knowledge with political awareness. In this book, Basu describes the art of economic policymaking, viewed through the lens of his two and a half years as CEA. Basu writes from a unique perspective -- neither that of the career bureaucrat nor that of the traditional researcher. Plunged into the deal-making, non-hypothetical world of policymaking, Basu suffers from a kind of culture shock and views himself at first as an anthropologist or scientist, gathering observations of unfamiliar phenomena ER -