The innovation debate and fourth industrial revolution from Good Economics for Hard Times

Is the world witnessing no growth at all? This question seems to have struck global markets, policy makers as well as academicians. Alongside the topic of deceleration, questions are also raised on innovations and their role.

Abhijit Banerjee and his wife Esther Duflo, who received the Nobel Prize in economics - the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel - at a ceremony in Stockholm wrote 'Good Economics for Hard Times: Better Answers to Our Biggest Problems'.

The book focuses on jobs, immigrants, growth, climate change and trade. Here are exclusive excerpts from the book, published with permission from the publishers, Juggernaut.

Good Economics for Hard Times. Click on next, to switch the slide and read the excerpt.

Image: Sify Archives

Text: Sify, with inputs from IANS.

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