Openness has affected neither poverty nor inequality adversely. When surveyed, people in disproportionately large volumes from all groups say that their fortunes are improving. The essays in this volume show that trade oppenness has helped reduce poverty among most social groups.
Economic development of frontier and remote regions has long been a central theme of development studies. This book examines the development experience in the northeastern region in India in relation to the processes of globalisation and liberalisation of the economy. Bringing together researchers and scholars, from both within and outside the region, the volume offers a comprehensive and updated analysis of governance and development issues in relation to the northeastern economy. With its multidisciplinary approaches, the chapters cover a variety of sectors and concerns such as land, agriculture, industry, infrastructure, finance, human development, human security, trade and policy. This book will be useful to scholars and researchers of economics, public policy, governance and development, geopolitics, geography, development studies, politics and sociology of development and area studies as well as observers and policymakers interested in the Northeast.
When the state and business interact effectively they can promote a more efficient allocation of scarce resources, appropriate industrial policy and a more effective and prioritised removal of key obstacles to growth, than when the two sides fail to co-operate or engage in harmful collusion. This book, based on original empirical research undertaken in Africa and India, addresses what constitutes the effectiveness of state-business relations, what explains their formation and evolution over time and whether effective state-business relations matter for economic performance. Analysing the effects of state-business relations on economic performance at both the macro and micro levels, the book concludes that where effective state-business relations are established – either through formal or informal institutional patterns and relationships – the growth effects are generally positive. Establishing, sustaining and renewing effective state-business relations are political processes. The better organized the business community and the government are for purposes of such relations, the more effective state-business relations will be in negotiating growth enhancing policies. The book is of interest to researchers in the fields of development studies, management, economics and political science.
Two of the worlds' most prominent development economists argue that public involvement is required in the provision of basic health care, education, and social security if economic and social advances are to be made in India. This analysis of the endemic deprivation in India is based on a broad view of economic development, focusing on human well-being and 'social opportunity' rather than on the standard indicators of economic growth. India's economic successes and failures are evaluated in the light of other countries development experiences.
This book revisits some of the persisting challenges of development of India, which remain unresolved even after twenty-five years of economic reforms and almost fifteen years of high growth rate. These include defining purpose of development, inequality, labour, work, unemployment, agrarian distress and migration. The book questions the overemphasis on growth to the extent of neglecting basic issues of development. With a number of contributions re-imagining development and its political economy, the book discusses above mentioned issues in light of new data and more recent conceptions of the issues. The contributors of this volume are eminent researchers in their respective field. Presenting primary as well as secondary data, the book considers the latest advances and research and also addresses new challenges like the global reorganization of production and the consequences for labour and the world of work, along with skills question. World of work has received detailed investigation in this book. This is a timely addition in existing literature especially in context of pandemic and lockdown. Informality and un/employment question is addressed in this context. Relationship among poverty, inequality and growth is examined in light of newer understanding. Agrarian distress is looked in a broader context. A number of papers are examining migration question by expanding coverage of migration and including labour mobility as apart of migration debate. The present crisis of migrant labour and absence of social security for these workers is also discussed. This book is primarily intended for those interested in recent advances on some of the basic aspects of development, like poverty, inequality, informality, word of work, migration and labour mobility. It is also useful for researchers, policy makers, journalists and civil society organizations working on these issues.
Tourism has increasingly become a vital element in the economic development of the Indian Ocean region. This volume brings together leading tourism and economics experts from the region to discuss the wide range of problems and issues raised by the increasing significance of tourism such as: tourism and development; dimensions of and assault on rural and urban poverty; empowerment of women; women’s property rights; access of the rural poor to services and resources; political and economic impediments to human resources development; management of energy and environmental resources; and electronic commerce and development. These issues and proposed policies are examined theoretically in the first section of this book, with comparative empirical case studies from Australia, Papua New Guinea, Botswana, Hong Kong, Singapore, India, the Maldives, Mauritius, the Seychelles, China and South Africa illustrating these arguments in the second section. A conclusion sums up the problems found in current policy and practice and puts forward innovative proposals and prospects for tourism and development in the region.
This book addresses topical development issues in India, ranging from land acquisition, poverty alleviation programs, labor market issues, the public-private partnership (PPP) model and fiscal federalism. It offers an Indian perspective on the dynamics of economic development and the impact the country’s legal and public policies have on it. Economic development is a dynamic concept – old problems are solved, while at the same time new issues come to the fore. The emergence of these issues is unique to the development experience of an economy. The book includes sixteen recent contributions and is divided into four sections: law and contract; trade and foreign aid; issues in public economics; and the social sector and poverty alleviation. The chapters reflect on a number of development issues which were of concern for India in the recent past and will be important in her future development initiatives such as land acquisition, agricultural productivity, employment, protection of intellectual property rights, corruption, public-private partnership, regional development, poverty alleviations programs like the National Rural Employment Guarantee Act (NREGA) and the training of self-help group members, health and education of women, to name a few. The book is a valuable reference resource for policy practitioners and researchers working on the economics of development with special focus on developing economies.
India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. This Oxford Handbook reflects India's growing economic importance on the world stage, and features research on core topics by leading scholars to understand the Indian economic miracle and the obstacles India faces in transforming itself into a modern 21st-century economy.
Twenty years ago India was still generally thought of as an archetypal developing country, home to the largest number of poor people of any country in the world, and beset by problems of low economic growth, casteism and violent religious conflict. Now India is being feted as an economic power-house which might well become the second largest economy in the world before the middle of this century. Its democratic traditions, moreover, remain broadly intact. How and why has this historic transformation come about? And what are its implications for the people of India, for Indian society and politics? These are the big questions addressed in this book by three scholars who have lived and researched in different parts of India during the period of this great transformation. Each of the 13 chapters seeks to answer a particular question: When and why did India take off? How did a weak state promote audacious reform? Is government in India becoming more responsive (and to whom)? Does India have a civil society? Does caste still matter? Why is India threatened by a Maoist insurgency? In addressing these and other pressing questions, the authors take full account of vibrant new scholarship that has emerged over the past decade or so, both from Indian writers and India specialists, and from social scientists who have studied India in a comparative context. India Today is a comprehensive and compelling text for students of South Asia, political economy, development and comparative politics as well as anyone interested in the future of the world's largest democracy.
This book offers a comprehensive analysis of the pre-Covid-19 and post-Covid-19 situation and public policy measures needed to revive the economy in the light of the recent initiatives by the state government, including a committee to suggest post-Covid-19 revival strategy. This collection of essays by specialized author/s in her/his/their area of research examines the impact of Covid-19 in the larger context of economic and developmental context of Punjab, ranging from basic developmental transformation analysis to the specific policy issues in each sector and policy domain, including the larger developmental crisis in the context of the regional economy and society of Punjab. The sectors analysed include: agriculture including dairy sector and agricultural markets, industry, services, education, health, besides fiscal, banking, diaspora, gender, governance, and sustainability challenges the state economy faces. It dwells on sector specific issues as well as ways forward for betterment of livelihoods of those engaged, especially farmers and industrial and service sector informal workers.