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Law And The Economy In India
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Book Synopsis Law and the Economy in a Young Democracy by : Tirthankar Roy
Download or read book Law and the Economy in a Young Democracy written by Tirthankar Roy and published by University of Chicago Press. This book was released on 2022-02-08 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule. Economists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly. Taking this as given, Law and the Economy in a Young Democracy examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor. Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, Law and the Economy in a Young Democracy is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealized.
Book Synopsis Law and the Economy in Colonial India by : Tirthankar Roy
Download or read book Law and the Economy in Colonial India written by Tirthankar Roy and published by University of Chicago Press. This book was released on 2016-09-20 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: By accessibly recounting and analyzing the unique experience of institutions in colonial Indiawhich were influenced heavily by both British Common Law and indigenous Indian practices and traditionsLaw and the Economy in Colonial India sheds new light on what exactly fosters the types of institutions that have been key to economic development throughout world history more generally. The culmination and years of research, the book goes through a range of examples, including textiles, opium, tea, indigo, tenancy, credit, and land mortgage, to show how economic laws in colonial India were shaped neither by imported European ideas about how colonies should be ruled nor indigenous institutions, but by the practice of producing and trading. The book is an essential addition to Indian history and to some of the most fundamental questions in economic history."
Author :Jagdish N. Bhagwati Publisher :Oxford University Press on Demand ISBN 13 :9780198288169 Total Pages :108 pages Book Rating :4.2/5 (881 download)
Book Synopsis India in Transition by : Jagdish N. Bhagwati
Download or read book India in Transition written by Jagdish N. Bhagwati and published by Oxford University Press on Demand. This book was released on 1993 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jagdish Bhagwati, one of the world's leading economists, offers a fascinating overview of the policies that produced India's sorry economic performance over a third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early 1950s. It provides therefore a coherent and convincing rationale for the economic reforms begun in June 1991 by the new government of PrimeMinister Rao. These reforms, also discussed by Professor Bhagwati, are thus set into historical and analytical perspective. Written with wit and elegance, this text of the 1992 Radhakrishnan Lectures at Oxford is readily accessible to a wide readership.
Book Synopsis Political Economy of Contemporary India by : R. Nagaraj
Download or read book Political Economy of Contemporary India written by R. Nagaraj and published by Cambridge University Press. This book was released on 2017-04-04 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: ""Deals with the issues at the intersecting domains of economics and politics"--Provided by publisher"--
Book Synopsis The Economic Structure of Corporate Law by : Frank H. Easterbrook
Download or read book The Economic Structure of Corporate Law written by Frank H. Easterbrook and published by Harvard University Press. This book was released on 1996-02-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors argue that the rules and practices of corporate law mimic contractual provisions that parties would reach if they bargained about every contingency at zero cost and flawlessly enforced their agreements. But bargaining and enforcement are costly, and corporate law provides the rules and an enforcement mechanism that govern relations among those who commit their capital to such ventures. The authors work out the reasons for supposing that this is the exclusive function of corporate law and the implications of this perspective.
Book Synopsis International Economic Law by : Leïla Choukroune
Download or read book International Economic Law written by Leïla Choukroune and published by Cambridge University Press. This book was released on 2021-07-22 with total page 847 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the core principles, landmark disputes, and modern developments in IEL reflecting a global approach.
Book Synopsis The Oxford Handbook of the Indian Economy by : Chetan Ghate
Download or read book The Oxford Handbook of the Indian Economy written by Chetan Ghate and published by OUP USA. This book was released on 2012-03-13 with total page 973 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book India written by Arvind Panagariya and published by Oxford University Press. This book was released on 2008-03-03 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.
Book Synopsis Law and the Economy in Colonial India by : Tirthankar Roy
Download or read book Law and the Economy in Colonial India written by Tirthankar Roy and published by University of Chicago Press. This book was released on 2016-09-20 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the economic reforms of the 1990s, India’s economy has grown rapidly. To sustain growth and foreign investment over the long run requires a well-developed legal infrastructure for conducting business, including cheap and reliable contract enforcement and secure property rights. But it’s widely acknowledged that India’s legal infrastructure is in urgent need of reform, plagued by problems, including slow enforcement of contracts and land laws that differ from state to state. How has this situation arisen, and what can boost business confidence and encourage long-run economic growth? Tirthankar Roy and Anand V. Swamy trace the beginnings of the current Indian legal system to the years of British colonial rule. They show how India inherited an elaborate legal system from the British colonial administration, which incorporated elements from both British Common Law and indigenous institutions. In the case of property law, especially as it applied to agricultural land, indigenous laws and local political expediency were more influential in law-making than concepts borrowed from European legal theory. Conversely, with commercial law, there was considerable borrowing from Europe. In all cases, the British struggled with limited capacity to enforce their laws and an insufficient knowledge of the enormous diversity and differentiation within Indian society. A disorderly body of laws, not conducive to production and trade, evolved over time. Roy and Swamy’s careful analysis not only sheds new light on the development of legal institutions in India, but also offers insights for India and other emerging countries through a look at what fosters the types of institutions that are key to economic growth.
Book Synopsis Critical Reflections on Economy and Politics in India by : Raju J. Das
Download or read book Critical Reflections on Economy and Politics in India written by Raju J. Das and published by BRILL. This book was released on 2020-03-02 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Das presents a class-based perspective on the economic and political situation in contemporary India in a globalizing world. It deals with the specificities of India’s capitalism and neoliberalism, as well as poverty/inequality, geographically uneven development, technological change, and export-oriented, nature-dependent production. The book also deals with Left-led struggles in the form of the Naxalite/Maoist movement and trade-union strikes, and presents a non-sectarian Left critique of the Left. It also discusses the politics of the Right expressed as fascistic tendencies, and the question of what is to be done. The book applies abstract theoretical ideas to the concrete situation in India, which, in turn, inspires rethinking of theory. Das unabashedly shows the relevance of class theory that takes seriously the matter of oppression/domination of religious minorities and lower castes.
Book Synopsis Labour Law Reforms in India by : Anamitra Roychowdhury
Download or read book Labour Law Reforms in India written by Anamitra Roychowdhury and published by Taylor & Francis. This book was released on 2018-03-28 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour market flexibility is one of the most closely debated public policy issues in India. This book provides a theoretical framework to understand the subject, and empirically examines to what extent India’s ‘jobless growth’ may be attributed to labour laws. There is a pervasive view that the country’s low manufacturing base and inability to generate jobs is primarily due to rigid labour laws. Therefore, job creation is sought to be boosted by reforming labour laws. However, the book argues that if labour laws are made flexible, then there are adverse consequences for workers: dismantled job security weakens workers’ bargaining power, incapacitates trade union movement, skews class distribution of output, dilutes workers’ rights, and renders them vulnerable. The book: identifies and critically examines the theory underlying the labour market flexibility (LMF) argument employs innovative empirical methods to test the LMF argument offers an overview of the organised labour market in India comprehensively discusses the proposed/instituted labour law reforms in the country contextualises the LMF argument in a macroeconomic setting discusses the political economy of labour law reforms in India. This book will interest scholars and researchers in economics, development studies, and public policy as well as economists, policymakers, and teachers of human resource management.
Book Synopsis A People's Constitution by : Rohit De
Download or read book A People's Constitution written by Rohit De and published by Princeton University Press. This book was released on 2020-08-04 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has long been contended that the Indian Constitution of 1950, a document in English created by elite consensus, has had little influence on India’s greater population. Drawing upon the previously unexplored records of the Supreme Court of India, A People’s Constitution upends this narrative and shows how the Constitution actually transformed the daily lives of citizens in profound and lasting ways. This remarkable legal process was led by individuals on the margins of society, and Rohit De looks at how drinkers, smugglers, petty vendors, butchers, and prostitutes—all despised minorities—shaped the constitutional culture. The Constitution came alive in the popular imagination so much that ordinary people attributed meaning to its existence, took recourse to it, and argued with it. Focusing on the use of constitutional remedies by citizens against new state regulations seeking to reshape the society and economy, De illustrates how laws and policies were frequently undone or renegotiated from below using the state’s own procedures. De examines four important cases that set legal precedents: a Parsi journalist’s contestation of new alcohol prohibition laws, Marwari petty traders’ challenge to the system of commodity control, Muslim butchers’ petition against cow protection laws, and sex workers’ battle to protect their right to practice prostitution. Exploring how the Indian Constitution of 1950 enfranchised the largest population in the world, A People’s Constitution considers the ways that ordinary citizens produced, through litigation, alternative ethical models of citizenship.
Book Synopsis The Indian Legal Profession in the Age of Globalization by : David B. Wilkins
Download or read book The Indian Legal Profession in the Age of Globalization written by David B. Wilkins and published by Cambridge University Press. This book was released on 2017-05-23 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the first comprehensive analysis of the impact of globalization on the Indian legal profession. Employing a range of original data from twenty empirical studies, the book details the emergence of a new corporate legal sector in India including large and sophisticated law firms and in-house legal departments, as well as legal process outsourcing companies. As the book's authors document, this new corporate legal sector is reshaping other parts of the Indian legal profession, including legal education, the development of pro bono and corporate social responsibility, the regulation of legal services, and gender, communal, and professional hierarchies with the bar. Taken as a whole, the book will be of interest to academics, lawyers, and policymakers interested in the critical role that a rapidly globalizing legal profession is playing in the legal, political, and economic development of important emerging economies like India, and how these countries are integrating into the institutions of global governance and the overall global market for legal services.
Book Synopsis The Government of Social Life in Colonial India by : Rachel Sturman
Download or read book The Government of Social Life in Colonial India written by Rachel Sturman and published by Cambridge University Press. This book was released on 2012-06-29 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the early days of colonial rule in India, the British established a two-tier system of legal administration. Matters deemed secular were subject to British legal norms, while suits relating to the family were adjudicated according to Hindu or Muslim law, known as personal law. This important new study analyses the system of personal law in colonial India through a re-examination of women's rights. Focusing on Hindu law in western India, it challenges existing scholarship, showing how - far from being a system based on traditional values - Hindu law was developed around ideas of liberalism, and that this framework encouraged questions about equality, women's rights, the significance of bodily difference, and more broadly the relationship between state and society. Rich in archival sources, wide-ranging and theoretically informed, this book illuminates how personal law came to function as an organising principle of colonial governance and of nationalist political imaginations.
Book Synopsis OECD Economic Surveys: India 2019 by : OECD
Download or read book OECD Economic Surveys: India 2019 written by OECD and published by OECD Publishing. This book was released on 2019-12-24 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit and non-performing loans. India's participation in the global economy has risen, with outstanding performances in some services, while the largest diaspora in the world is an asset in developing new markets. India has also lifted many millions of people out of poverty and has made access to housing for all a priority. Ambitious structural reforms -- including better targeted household support, financial inclusion initiatives, the implementation of the Goods and Services Tax, the Insolvency and Bankruptcy Code, the new approach to federalism and the corporate income tax reform -- have played a key role.
Book Synopsis Law and the Political Economy of Hunger by : Anna Chadwick
Download or read book Law and the Political Economy of Hunger written by Anna Chadwick and published by Oxford University Press. This book was released on 2019-01-31 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an inquiry into the role of law in the contemporary political economy of hunger. In the work of many international institutions, governments, and NGOs, law is represented as a solution to the persistence of hunger. This presentation is evident in the efforts to realize a human right to adequate food, as well as in the positioning of law, in the form of regulation, as a tool to protect society from 'unruly' markets. In this monograph, Anna Chadwick draws on theoretical work from a range of disciplines to challenge accounts that portray law's role in the context of hunger as exclusively remedial. The book takes as its starting point claims that financial traders 'caused' the 2007-8 global food crisis by speculating in financial instruments linked to the prices of staple grains. The introduction of new regulations to curb the 'excesses' of the financial sector in order to protect the food insecure reinforces the dominant perception that law can solve the problem. Chadwick investigates a number of different legal regimes spanning public international law, international economic law, transnational governance, private law, and human rights law to gather evidence for a counterclaim: law is part of the problem. The character of the contemporary global food system-a food system that is being progressively 'financialized'-owes everything to law. If world hunger is to be eradicated, Chadwick argues, then greater attention needs to be paid to how different legal regimes operate to consistently privilege the interests of the wealthy few over the needs of poor and the hungry.
Book Synopsis Law and the Economy in India by : Tirthankar Roy
Download or read book Law and the Economy in India written by Tirthankar Roy and published by Harper Collins. This book was released on 2024-07-25 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law matters for economic development, but where does it come from? And through what mechanisms does it affect different parts of the economy? In this insightful volume Tirthankar Roy and Anand V. Swamy start in the late eighteenth century, tracing the evolution of the British-Indian legal system as it emerged in the service of a cautious and self-serving colonial regime. They show that British-Indian law was designed to facilitate tax collection, permit international trade, and, above all, keep the regime in place. Since independence the Indian state has been much more confident and ambitious, seeking economic growth, equity, and poverty reduction. Therefore, it has also been far more interventionist, in policy and in law. Roy and Swamy have put together this entire two-hundred-fifty-year legal and economic history in a single narrative, for the first time, offering a unique perspective on the challenges of today.
