A History of Underdevelopment and Political Economy of Inflation in Sri Lanka: With an Outline of Nationalisms
In: Palgrave pivot
Intro -- Preface -- References -- Acknowledgements -- Contents -- Abbreviations -- List of Figures -- List of Tables -- Chapter 1: An Introduction to the Critique of Theories of Inflation in the Context of Underdevelopment -- 1.1 Inflation in Sri Lanka: An Empirical Sketch -- 1.2 Fiscal Deficit as an Endogenous Variable in Determining Inflation -- 1.3 Conflict Theory of Inflation and New Keynesian Rational Expectations -- 1.4 Background of the Theoretical Synthesis: From Classics to Monopolistic Competition -- 1.5 Underdevelopment and Structure of Capital Formation -- 1.6 Organic Composition of Capital and Inflation -- 1.7 Unproductive Labour and Laibman's Allocation Problem -- 1.7.1 Unproductive Labour and Inflation -- 1.8 Uneven Labour Demand in Agriculture and Inflation -- 1.9 Possibility of Communism in Underdeveloped Societies and the Inevitability Thesis -- Notes -- References -- Chapter 2: Towards a Theory of Inflation in Underdeveloped Economies -- 2.1 Price Determination in Adam Smith's Formulations -- 2.2 Ricardian System of Prices and His Criticism of Adam Smith -- 2.3 Marx's Modification of Ricardo's Price Theory -- 2.4 Keynesian Theory of Inflation -- 2.5 Classical Theory of Productive and Unproductive Labour -- 2.6 Laibman's Allocation Problem and Marxist Theory of Unproductive and Productive Labour -- 2.7 Monetarist, Neoclassical and Demand Pull Theories of Inflation from the Perspective of Cost Push Theory -- 2.8 Global Empirical Studies: Structural Theory of Inflation-A Critical Overview -- 2.9 Theory of Surplus Labour -- 2.9.1 Determination of the Wage Rate in the Dual Economy -- 2.9.2 Elasticity of the Supply of Surplus Labour in Sri Lanka -- 2.9.3 Political Economy of Surplus Labour in Sri Lanka -- 2.9.4 Theory of Surplus Labour and Paddy Supply Price Determination.