The decade of the eighties and the early nineties of the last century have witnessed changes in the world economy and in international economic and financial relationship. Several governments in the developing countries have recently embarked on a liberalization of their foreign trade and financial markets; many have also decontrolled domestic prices and investment decisions. The economies of Eastern Europe and the Commonwealth of Independent States (CIS) have also begun to establish new political structures and to liberalise their economies. Liberalisation policy is contemplated as a measure of primary importance and is expected to improve the allocation of an economy's resources, lead to a greater efficiency, expand the economy's output, and accelerate its growth. Such a transition from a less to a more liberal economy raised issues of great interest to policy makers and economists alike. Reform of economic policies in developing countries is one of the most frequently, and least understood efforts of the last decade. The book systematically deals and analyses the dynamics of liberalisation process and compares the countries' response in considerable detail. Struck by the differences in their subsequent economic performance, a closer analysis reveals that their experience contradicts the conventional view that the ability to absorb shocks depends on the size of the shock, a country's experience with inflation, its degree of outward economic orientation, and its various political attributes. Genuine reforms are necessary if countries are to achieve sustained growth in real incomes and increase in living standards. Current international developments confirm that the book is dealing with a question of some urgency: What can a developing country do to ensure that it will adjust smoothly and swiftly after a macro-economic shock? To find out what factors influence adjustability, the study explores the recent stabilization experience of some developing countries around the world, looking for any signs of a relationship between stabilization policy and economic growth. It examines the various components of policy, which must be reformed-government spending and revenue, trade and exchange rates, controls on private sector activity, labour market regulations etc. Finally, there is an analysis of why reforms, once implemented, succeed or fail, accompanied by a description of several reform efforts and their outcomes.

The emerging tigers of Southeast Asia, as the countries of the region are called, represent a tremendous potential for economic co-operation in the form of mutually beneficial trade, foreign direct investment in its various incarnations (e.g., joint ventures, licensing, trading, outward processing trade, etc.) and portfolio investment. The economies of the region are virtual powerhouse growing at a very fast pace. These are all attempting to reduce restrictions on trade to the minimum. The region as a whole is remarkably open in the matters of investment policy. It is time India wakes up and takes notice. In the past due to political compulsions on one hand and a failure to realize the economic potential to the region on the other, India paid less attention to Southeast Asian economies than they deserved. The subject matter of this research revolves around this population. It is being hypothesized that it is possible to establish meaningful relationship with this region in many areas, viz., trade in commodities (goods and services), technology transfer, exchange of factor services, and joining hands for third country ventures. We have included in our definition of the region all the seven existing members of ASEAN (Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam). Plus, we have also included those three-Cambodia, Laos and Myanmar -which are likely to join the regional bloc sooner than later.

Human Development as a measure of well-being of society is universally recognized now. The concept considers literacy, longevity and income as the three important parameters of HDI. Of the three, education is found to be crucial. The regional disparities in the progress of human development in India can be partly attributed to educational underdevelopment. The southern region of India has however, excelled in two important parameters of HD, despite lower levels of per capita income demonstrating the unique Dravidian ethos. What are the factors that contributed to this marvel in the south? Are there any gaps in the achievement of high HDI among different social groups in each of these states? Who are the groups that remain backward? Can the present system of education, a dominant parameter in the measure of HDI will be able to survive in a knowledge based economy? What are the linkages between education and knowledge and how these are connected in the south? Why Andhra Pradesh has remained one of the most backward in education? What are the factors that inhibit slow progress in the state? Are there any remedies to overcome this? Is there a vision for education in Andhra that can emulated in other states? These are some of the issues that have been addressed in this very important book. The book contains rich field data and inaccessible secondary data. The book is useful to economists, educational planners and policy makers who are interested in human development in India.

Research in Economics, in two volumes, is the fifth publication in the series of Researches in Social Science. The others are on Geography, History, Political Science and Sociology. The work is a classified list of the theses accepted for the award of Ph.D. and D.Litt. degrees by the Indian Universities and other Institutions of Higher Learning, where Economics is a subject of study and research. The titles included in this work are from the very beginning to the year 1995. The very purpose of compiling such classified bibliographies is to prevent repetition in research work by the research scholars. The list is classified in different subject Headings, popularly and contemporarily known to the scholars in the field of Economics. It will also help the scholars and research workers to choose the topics for future research. The teachers and students in the subject concerned will welcome this publication. This will help in saving the precious time, labor and money of not only the research scholars but that of the nation as the whole. This work will prove useful and informative reference tool to the researchers and teachers besides other agencies.