ABSTRACT
This book has some resemblance to renovations of recipes, which existed for years ago, to fit them to changing expectations and tastes of the day. There is the attractive result here that the renovations, recipes, and ingredients fit with each other, have together a common history, and are as topical today as they were then. While most of the content of the book comprises adaptations of research work done over some four decades, each chapter has been practically rewritten so that they reinforce each other and form a coherent whole that would be of special interest and immediate relevance to today’s economic modellers, policy analysts, development advisors, and the teaching profession in the related areas. In this first chapter, we introduce the lines along which the renovation venture is focused, formulated, and implemented, and the reasons why it is worthwhile to undertake this renewal attempt. We shall also discuss the outline of the book and the linkages between the chapters, and end with concluding remarks.
