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India And Global Crisis
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Book Synopsis India and the Global Financial Crisis by : Y. Venugopal Reddy
Download or read book India and the Global Financial Crisis written by Y. Venugopal Reddy and published by Anthem Press. This book was released on 2010 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'India and the Global Financial Crisis' offers a collection of key speeches delivered by Reddy during his tenure as Governor of the Reserve Bank of India, and provides insights into the challenges facing the management of India's calibrated integration within the global economy.
Author :The Research Unit for Political Economy Publisher :Monthly Review Press ISBN 13 :1583679243 Total Pages :216 pages Book Rating :4.5/5 (836 download)
Book Synopsis Crisis and Predation by : The Research Unit for Political Economy
Download or read book Crisis and Predation written by The Research Unit for Political Economy and published by Monthly Review Press. This book was released on 2020-11-15 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: How India's COVID-19 lockdown is creating an unprecedented humanitarian disaster With the advent of COVID-19, India’s rulers imposed the world’s most stringent lockdown on an already depressed economy, dealing a body blow to the majority of India’s billion-plus population. Yet the Indian government’s spending to cushion the lockdown’s economic impact ranked among the world’s lowest in GDP terms, resulting in unprecedented unemployment and hardship. Crisis and Predation shows how this tight-fistedness stems from the fact that global financial interests oppose any sizable expansion of public spending by India, and that Indian rulers readily adhere to their guidance. The authors reveal that global investors and a handful of top Indian corporate groups actually benefit from the resulting demand depression: armed with funds, they are picking up valuable assets at distress prices. Meanwhile, under the banner of reviving private investment, India’s rulers have planned giant privatizations, and drastically revised laws concerning industrial labor, the peasantry, and the environment—in favor of large capital. And yet, this book contends, India could defy the pressures of global finance in order to address the basic needs of its people. But this would require shedding reliance on foreign capital flows, and taking a course of democratic national development. This, then, is a pursuit, not for India’s ruling classes, but a course of struggle for India's people.
Book Synopsis The Global Economic Crisis Through an Indian Looking Glass by : Adarsh Kishore
Download or read book The Global Economic Crisis Through an Indian Looking Glass written by Adarsh Kishore and published by . This book was released on 2011-07-29 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Economic Crisis through an Indian Looking Glass is about the onset and unfolding of the global financial crisis and the great recession of 2008-2009, tracing its origin and causes, dimensions and impact, policy responses, lessons and the way forward from an Indian perspective. A significant feature of the book is the analysis of the four facets of the crisis: (i) genesis, (ii) impact on the world and India, (iii) the response, and (iv) the aftermath. The objective is to capture the specific aspects of the onset of the crisis and the policy responses, with particular emphasis on the sequencing thereof. The authors underscore the gaps in the international financial architecture that allow the recurrence of crises with global ramifications and emphasize the importance of cooperation, coordination and collective action to secure and sustain macroeconomic and financial stability across the globe. The book is a testament to the powerful values of global interconnectedness.
Book Synopsis The COVID-19 Pandemic, India and the World by : Rajib Bhattacharyya
Download or read book The COVID-19 Pandemic, India and the World written by Rajib Bhattacharyya and published by Taylor & Francis. This book was released on 2021-09-30 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1) This is a comprehensive book on the impact of the Covid-19 crisis on the Indian economy. 2) It discusses various socio-economic issues related to economic policies, labour, environment, and education. 3) Timely, and written by experts, this book will be of interest to departments of South Asian studies and political economy across UK.
Book Synopsis Forged in Crisis by : Rudra Chaudhuri
Download or read book Forged in Crisis written by Rudra Chaudhuri and published by Oxford University Press, USA. This book was released on 2014 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a fresh and challenging interpretation of India's relationship with the United States over six decades, revealing the complex and distinctive manner in which New Delhi has pursued its interests.
Book Synopsis The Global Economic Crisis by : Larry Allen
Download or read book The Global Economic Crisis written by Larry Allen and published by Reaktion Books. This book was released on 2013-06-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Greece scrambling to meet Eurozone austerity measures to America’s sluggish job growth, there is every indication that the world has not recovered from the economic implosion of 2008. And for many of us, the details of what led to the recession—and why it has continued—remain murky. Economic historian Larry Allen clears up the subject in The Global Economic Crisis, offering an insightful and nonpartisan chronology of events and their consequences. Illuminating the interlocked economic processes that lay beneath the crisis, he analyzes the changing nature of the global financial system, central bank policies, housing bubbles, deregulation, sovereign debt crises, and more. Allen begins the timeline with the economic crisis in Japan in the late 1990s, asking whether Japan’s experience could be an indicator of the outcome of the recession and what it can teach us about managing a sluggish economy. He then takes a comparative look at the economies of Brazil, China, and India. Throughout, he argues that many elements have contributed to the ongoing crisis, including the introduction of the euro, the growth of new financial instruments such as securitization, collateralized debt obligations and credit default swaps, interest rate policies, and the housing boom and subprime mortgage fiasco. Lucid and informative, The Global Economic Crisis provides an impartial explanation to anyone seeking to understand the current state—and future—of the world’s economy.
Download or read book At Risk written by Gowri Vijayakumar and published by Stanford University Press. This book was released on 2021-07-27 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the mid-1990s, experts predicted that India would face the world's biggest AIDS epidemic by 2000. Though a crisis at this scale never fully materialized, global public health institutions, donors, and the Indian state initiated a massive effort to prevent it. HIV prevention programs channeled billions of dollars toward those groups designated as at-risk—sex workers and men who have sex with men. At Risk captures this unique moment in which these criminalized and marginalized groups reinvented their "at-risk" categorization and became central players in the crisis response. The AIDS crisis created a contradictory, conditional, and temporary opening for sex-worker and LGBTIQ activists to renegotiate citizenship and to make demands on the state. Working across India and Kenya, Gowri Vijayakumar provides a fine-grained account of the political struggles at the heart of the Indian AIDS response. These range from everyday articulations of sexual identity in activist organizations in Bangalore to new approaches to HIV prevention in Nairobi, where prevention strategies first introduced in India are adapted and circulate, as in the global AIDS field more broadly. Vijayakumar illuminates how the politics of gender, sexuality, and nationalism shape global crisis response. In so doing, she considers the precarious potential for social change in and after a crisis.
Download or read book Global Crisis written by Geoffrey Parker and published by Yale University Press. This book was released on 2013-03-15 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt: The acclaimed historian demonstrates a link between climate change and social unrest across the globe during the mid-17th century. Revolutions, droughts, famines, invasions, wars, regicides, government collapses—the calamities of the mid-seventeenth century were unprecedented in both frequency and severity. The effects of what historians call the "General Crisis" extended from England to Japan and from the Russian Empire to sub-Saharan Africa and the Americas. In this meticulously researched volume, historian Geoffrey Parker presents the firsthand testimony of men and women who experienced the many political, economic, and social crises that occurred between 1618 to the late 1680s. He also incorporates the scientific evidence of climate change during this period into the narrative, offering a strikingly new understanding of the General Crisis. Changes in weather patterns, especially longer winters and cooler and wetter summers, disrupted growing seasons and destroyed harvests. This in turn brought hunger, malnutrition, and disease; and as material conditions worsened, wars, rebellions, and revolutions rocked the world.
Book Synopsis India and Global Crisis by : Shankar N. Acharya
Download or read book India and Global Crisis written by Shankar N. Acharya and published by Academic Foundation. This book was released on 2009 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: How bad is the Global Crisis? Will the Indian economy be hit hard? What can we do to protect ourselves from global turmoil? Is a growth recession inevitable? How well did we cope with the massive foreign capital inflows in the last five years? Did we follow a good exchange rate policy? What explains the surge in national savings and investment? Can we revive the economic boom of 2003-08? Do we have good roadmaps for reform of banking and finance? Do oil bonds make sense? How long can we sustain massive subsidies? Are economic disparities in India rising? Where are the new jobs? How good (or bad) is the UPA Government s economic legacy? In these short essays Shankar Acharya provides crisp answers to these and many other questions about India s economic policies and performance.
Book Synopsis India Migration Report 2012 by : S. Irudaya Rajan
Download or read book India Migration Report 2012 written by S. Irudaya Rajan and published by Routledge. This book was released on 2014-03-21 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of articles dealing with various dimensions of the Global Financial Crisis and its economic and social impact in terms of governance, emigration, remittances, return migration and re-integration. The crisis, which had its origin in the United States in 2008, spread its economic effects on developed as well as developing countries. Some of these countries were able to recover in the short run while some are in the process of recovery, with continuous efforts by both national governments and international agencies. In this backdrop, is there any impact on the outflow of emigrants from the countries of origin and inflow of remittances to the countries of destination? The third volume in the annual series ‘India Migration Report’ answers the question through rigorous quantitative and qualitative analyses and fieldwork both in the Gulf region and South Asia, and concludes that both emigration and remittances are more resilient than expected. This report: contains findings based on an extensive survey conducted in Kerala; has additional evaluations based on other surveys and case studies conducted in different parts of India, Pakistan, Bangladesh, Nepal and Sri Lanka to reflect on the consequences of the global crisis on the countries of origin, as well as a quick assessment and site visits to the United Arab Emirates, Kuwait, Qatar and Malaysia; includes essays that examine the linkages between emigration and remittances based on international data from the World Bank, the International Labour Organization, the International Organization of Migration, the United Nations and other organizations that closely deal with international migration. It will be of interest to students and scholars of migration studies, sociology, law, economics, gender studies, diaspora studies, international relations and demography, apart from non-governmental organizations, policy-makers and government institutions working in the field of migration.
Book Synopsis Perspective on Global Crisis by : Moishe Postone
Download or read book Perspective on Global Crisis written by Moishe Postone and published by South Atlantic Quarterly. This book was released on 2012-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This special issue examines the global economic crisis in systemic terms that encompass economic, social, and cultural dimensions of contemporary life. The essays analyze not only the nature of the crisis but also the possibilities of transformative action. One contributor evaluates the historical structural causes of the contemporary crisis to propose future tactics for the Left in promoting egalitarian and locally autonomous and self-sufficient economic practices. Another explores crises in the global pharmaceutical industry, particularly in India and the United States, and the inherent structures of global capital and biocapital through which health itself becomes a source of capitalistic value. Another essay reads the current credit crisis as a way to illuminate how deeply financial markets are embedded in the social fabric of work, ritual, and play and how the persistent failure to regulate market rule has led to an endless cycle of crisis-induced and crisis-inducing restructuring of policy. Together, the essays reinvigorate the study of global and long-term historical processes and structures. In this issue's special topical section, "Against the Day," edited by Priyamvada Gopal, contributors analyze the current assault on higher education in Great Britain, including dramatic budget cuts and tuition increases, the resultant student protest movements, and the future of the humanities. Contributors: Giovanni Arrighi, Gurminder Bhambra, Neil Brenner, Duncan K. Foley, Priyamvada Gopal, Michael Hardt, Gary Herrigel, John Holmwood, Simon Jarvis, Benjamin Lee, Edward LiPuma, Claudio Lomnitz, Jamie Peck, Moishe Postone, Nina Power, Kaushik Sunder Rajan, Beverly Silver, Nik Theodore, Immanuel Wallerstein Moishe Postone is Professor of History at the University of Chicago.
Book Synopsis India and the China Crisis by : Steven A. Hoffmann
Download or read book India and the China Crisis written by Steven A. Hoffmann and published by Univ of California Press. This book was released on 2024-07-26 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: The earliest accounts of the Sino-Indian boundary dispute cast India as the victim of Chinese betrayal and expansionism, but a more favorable image of China vis-a-vis India has appeared since the 1970s. Since then, China has been portrayed as the victim of India's self-righteous intransigence, with the 1962 India-China war occurring because China was provoked into practicing a justifiable form of realpolitik. These two seemingly irreconcilable academic schools of thought still exist. In this case study of India's decision-making between the years of 1959 and 1963, the critical first years of its border conflict with China, Steven A. Hoffmann takes an important step in reconciling the conflicting views of the crisis and of the ascribed reasons for the war that ensued in 1962. Drawing on interviews with Indian officials, military officers, and political leaders and on memoirs and other sources gathered during concentrated research in India, England, and North America between 1983 and 1986, the author provides previously unknown material on the perceptions and realities of Indian decision making. A model for international crisis behavior, as proposed by Michael Brecher, is used to help establish a balanced treatment of information and offer insights into such questions as why India and China both failed to understand one another's frontier psychologies and strategies, and why the Nehru government did not succeed in managing the conflict. This richly detailed and carefully researched approach is invaluable in this time when India and China are once again exploring ways to establish a solid relationship. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1990.
Book Synopsis How Latin America Weathered The Global Financial Crisis by : José De Gregorio
Download or read book How Latin America Weathered The Global Financial Crisis written by José De Gregorio and published by Columbia University Press. This book was released on 2013-10-05 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck."
Book Synopsis Democracy and Discontent by : Atul Kohli
Download or read book Democracy and Discontent written by Atul Kohli and published by Cambridge University Press. This book was released on 1990 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long considered one of the great successes of the developing world, India has more recently experienced growing challenges to political order and stability. Institutional mechanisms for the resolution of conflict have broken down, the civil and police services have become highly politicized, and the state bureaucracy appears incapable of implementing an effective plan for economic development. In this book, Atul Kohli analyzes political change in India from the late 1960s to the late 1980s. Based on research conducted at the local, state and national level, the author analyzes the changing patterns of authority in and between the centre and periphery. He combines rich empirical investigation, extensive interviews and theoretical perspectives in developing a detailed explanation of the growing crisis of governance his research reveals. The book will be of interest to both specialists in Indian politics and to students of comparative politics more generally.
Book Synopsis From Financial Crisis to Global Recovery by : Padma Desai
Download or read book From Financial Crisis to Global Recovery written by Padma Desai and published by Columbia University Press. This book was released on 2011 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the factors leading to America's recent recession, describing the monetary policy, tax practices, subprime mortgages and lack of regulation that contributed to the crisis. The book also considers the the prospects for economic recovery in North America, Europe, Asia, and South America as well as the extent of U.S. and EU regulatory proposals.
Book Synopsis Indian Economy's Greatest Crisis by : Arun Kumar
Download or read book Indian Economy's Greatest Crisis written by Arun Kumar and published by Portfolio. This book was released on 2021-05 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Desperate times call for desperate measures.' The outbreak of COVID-19 aptly justifies this expression as the world faces an unprecedented situation. But what is so unusual about the coronavirus, especially since viral attacks-H1N1, Ebola and Nipah-have taken place earlier as well? How has it affected India and the world? What are the socio-economic implications for India? How has India's response been to the coronavirus? What is more important-life or livelihood? How can India recover from the sudden economic shock caused by the pandemic? This book is an attempt to answer these and many more such questions. The coronavirus hit the world in December 2019 like a hurricane. What started as a medical emergency soon turned into an economic one. No global financial crisis has ever hit humanity as hard as COVID-19. The world, therefore, was caught ill prepared when the pandemic struck. The situation, to say the least, is worse than a war. The situation in India is no different: In terms of the number of cases reported, it is second only to the United States. This book highlights the enormity of the impact of the coronavirus pandemic on India. It critically examines the government's efforts to control the disease and mitigate its adverse effects on Indian economy and society. Making a compelling argument that an economy is not like a rubber ball, which, if dropped on a hard surface, will bounce back to its original position, the author provides incisive reasons to why economic recovery will be slow and not 'V-shaped'. He, however, cogently suggests that good governance, a robust public-health system, and clean and representative politics are key to bringing India's economy back on track.
Download or read book Unexpected Outcomes written by Carol Wise and published by Brookings Institution Press. This book was released on 2015-03-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume documents and explains the remarkable resilience of emerging market nations in East Asia and Latin America when faced with the global financial crisis in 2008-2009. Their quick bounceback from the crisis marked a radical departure from the past, such as when the 1982 debt shocks produced a decade-long recession in Latin America or when the Asian financial crisis dramatically slowed those economies in the late 1990s. Why? This volume suggests that these countries' resistance to the initial financial contagion is a tribute to financial-sector reforms undertaken over the past two decades. The rebound itself was a trade-led phenomenon, favoring the countries that had gone the farthest with macroeconomic restructuring and trade reform. Old labels used to describe "neoliberal versus developmentalist" strategies do not accurately capture the foundations of this recovery. These authors argue that policy learning and institutional reforms adopted in response to previous crises prompted policymakers to combine state and market approaches in effectively coping with the global financial crisis. The nations studied include Korea, China, India, Mexico, Argentina, and Brazil, accompanied by Latin American and Asian regional analyses that bring other emerging markets such as Chile and Peru into the picture. The substantial differences among the nations make their shared success even more remarkable and worthy of investigation. And although 2012 saw slowed growth in some emerging market nations, the authors argue this selective slowing suggests the need for deeper structural reforms in some countries, China and India in particular.