The recent pattern of high growth in India has been both inequitable and ecologically destructive. Rohit Azad and Shouvik Chakraborty propose an Energy Policy with Equity (EPE), which transitions India toward a 100 percent reliance on clean renewable energy sources while also guaranteeing universal access to energy for the entire population. This is accomplished by, first, taxing carbon to control CO2 emissions. A part of the revenue thus generated is then used to finance the renewable energy transition. The other share of revenue is used for in-kind transfers of free electricity to lower-income households.

This paper by Santiago Capraro and Carlo Panico examines the conduct of monetary policy and the institutional organization of economic policy in Mexico during the years of financial liberalization, beginning in the early 1980s. It argues that financial liberalization has favored monetary and financial stability but has reduced investment and negatively impacted Mexico’s productive structure and international competitiveness, with especially negative effects on public investment. The paper discusses how the institutional organization can be reformed to avoid further weakening Mexico’s productive structure and international competitiveness.

This paper by Deepankar Basu offers a unified analytical treatment of Marx's theory of rent. It highlights the key role played by the price of agricultural commodities in determining rent. The paper offers two closures of the model — one builds from Marx's argument in Volume III of Capital, while the other incorporates demand influences. Basu shows that total rent can be decomposed into three components: absolute rent, and two forms of differential rent. A Marxist theory can explain rent in any system of capitalist commodity production that uses privately owned, non-reproducible resources.