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Books > Business & Economics > Economics > Economic systems > General
The Planning Commission played a crucial role in the type of
development that India followed after independence. However, even
though most economic analyses of India mention the five-year plans,
the Planning Commission as an institution remains little studied.
This is why this book proposes to look backward, examining the
history of the idea of planning and the history and experience of
planning in India. It also looks forward, trying to evaluate,
beyond ideologies, which role the practice of planning has and
should have in contemporary India. It then proposes that the NITI
Aayog, the think tank founded on 1st January 2015 after the demise
of the Planning Commission, could learn from this experience. This
book addresses three leading questions: why plan economic
development? How to plan? And what exactly can/should be planned?
These questions are interrelated and the contributors of this
volume, each with their own focus, propose elements of replies.
Originally published in 1974. This book provides a rigorous and
detailed introductory treatment of the theory of difference
equations and their applications in the construction and analysis
of dynamic economic models. It explains the theory of linear
difference equations and various types of dynamic economic models
are then analysed. Including plenty of examples of application
throughout the text, it will be of use to those working in
macroeconomics and econometrics.
The growing industrialization of Thailand due to the introduction
of capitalist processes has had a revolutionary impact on the
organization and structure of the society. New classes, groups and
interests have arisen including a new urban-based industrial
working class who are essential to the new capitalist procedures.
This book examines how industrial workers have come to occupy a
strategic place in the contemporary political economy and charts
their long-term activism in seeking redress for a range of
individual, social and political problems. This text focuses on how
the state has become entangled in the processes through which
workers have been organized, reorganized and disorganized as social
and political actors in different historical periods. By examining
the themes of labour weakness, political exclusion and
insignificance of "class factors", this book brings back workers
from the margins by demonstrating that both in the present and past
the state has been involved in processes that determine the forms
of their struggles. By utilizing new empirical data and historical
material, Brown highlights how the working class have emerged as an
enduring facet of Thai society.
Can capitalism and citizenship co-exist? In recent years advocates of the third way have championed the idea of public-spirited capitalism as the antidote to the many problems confronting the modern world. This book develops a multi-disciplinary theory of citizenship, exploring the human abilities needed for its practice. It then argues that capitalism impedes the nurturing of these abilities. In advancing these arguments, Kathryn Dean draws on the work of a wide range of thinkers including Freud, Marx, Lacan, Habermas and Castells.
During the last two decades, China has longed for an important role on the international economic scene and has therefore tried to promote an image of modernisation. Having increased its efforts towards international integration, domestic reform continues to present China with one of its greatest challenges. This volume thoroughly analyses several important aspects of today's China: economic changes, the search for a social compact in urban China, the identification of new social conflicts that coexist in the dialectics of control and cohesion, and the problem of nation building and collective identities.
Contents: Part 1: Theoretical Foundations 1. Human Nature: Indeterminate and Indeterminable 2. Capitalism: Culture of Worldlessness Part 2: The Wordly World of the Bourgeois Subject 3. The Wordly World of Bourgeois Subject 4. Parenting and the Consitution of Bougeois Part 3: From Place to Space: the Death of Worldliness 5. The Institution of Commodity Fetishism 6. Abstract labour and the Network Society 7. Abstract Consumption and the Dissolution of the Ego 8. Abstract Knowledge: Disorganized Capitalism and the Vicissitudes of Science Conclusion: Citizenship and the Recovery of Worldliness
In 1991, a small group of Russians emerged from the collapse of the Soviet Union and enjoyed one of the greatest transfers of wealth ever seen, claiming ownership of some of the most valuable petroleum, natural gas and metal deposits in the world. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires. These self-styled oligarchs were accused of using guile, intimidation and occasionally violence to reap these rewards.
Marshall I. Goldman argues against the line that the course adopted by President Yeltsin was the only one open to Russia, since an examination of the reform process in Poland shows that a more gradual and imaginative approach worked there with less corruption and a wider share of benefits. The Piratization of Russia is an accessible, lucid and timely book that is required reading for those with an interest in the debâcle of Russian reform. Its appeal will range from the interested lay-reader to students, academics, economists and politicians who want to understand the problems facing Russia and how they could have been avoided.
Mention North Korea to people today and they will conjure up many unflattering images, particularly in the wake of George W. Bush denouncing the state as part of an "axis of evil". Despite this cold war type rhetoric, the state of North Korea has begun to recognise the difficult challenges that it faces and is now trying to get to grips with them systematically. This book brings together a selection of many of the world experts on the North Korean economy and covers such important issues as: *possible unification with South Korea *the significance of China's economic success *Europe and the United States' roles in North Korea North Korea in the World Economy provides an accessible, well-written and comprehensive account of this unique country and its economy. It will be extremely interesting not only for students and academics with an interest in Korean studies, international finance and transition economies but also for anyone with an interest in international economics. eBook available with sample pages: 020314547X
In contrast to the failure to economic reforms in Eastern Europe,
China's economic reforms have been quite successful.
Decollectivization, marketization, state enterprise reforms, and
reintegration into the world economy have led to very rapid
economic development in China over the past two decades. These
economic reforms, in turn, triggered profound social and political
changes. This collection examines the origins, nature, and impact,
as well as the future prospects of these reforms and changes. The
contributors are all active researchers from a variety of
disciplines, including economics, sociology, political science, and
geography.
In 1991, a small group of Russians emerged from the collapse of the Soviet Union and enjoyed one of the greatest transfers of wealth ever seen, claiming ownership of some of the most valuable petroleum, natural gas and metal deposits in the world. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires. These self-styled oligarchs were accused of using guile, intimidation and occasionally violence to reap these rewards.
Marshall I. Goldman argues against the line that the course adopted by President Yeltsin was the only one open to Russia, since an examination of the reform process in Poland shows that a more gradual and imaginative approach worked there with less corruption and a wider share of benefits. The Piratization of Russia is an accessible, lucid and timely book that is required reading for those with an interest in the debâcle of Russian reform. Its appeal will range from the interested lay-reader to students, academics, economists and politicians who want to understand the problems facing Russia and how they could have been avoided.
This book, first published in 1936, analyses the then-recent
phenomenon of industrial combination. Concentration was new.
Industrial combination was new. The interlocking of finances was
new. The role of banks in regard to industry was new. The
domination of financial capital over large sectors of industry was
new. The author examines the new industrial system as it was, on
the cusp of new world-economic conditions, resulting from and
manifesting themselves in a revolution in transport, the creation
of concentrated mass supply and mass demand, changes in the
distribution of raw material supplies and the adaption of the
technical and economic structure of the industrial unit to these
new conditions.
The authors consider how the Asia-Pacific economies have developed since the financial crises and highlight two inter-related themes: the effect of global forces on the national Asian economies and the different development paths of these economies as they jointly enter this new phase. Questions raised by the book include: * is globalization a threat to development and prosperity in the Asia-Pacific or did globalization rather facilitate and accelerate the pace of industrialization among late industrializers in the region? * is there a single Asia-Pacific development model or did the crisis show this to be false? * did the financial crisis reveal structural weaknesses in an Asia-Pacific state-led model or was state leadership already in demise? Development and Structural Change in Asia-Pacific provides a useful and relevant account of how the global economy has led to structural changes within Asian economies eBook available with sample pages: 0203609026
Exploring one of the most dynamic and contested regions of the
world, this series includes works on political, economic, cultural,
and social changes in modern and contemporary Asia and the Pacific.
In contrast to the failure of economic reforms in Eastern
Europe, China's economic reforms have been quite successful. These
economic reforms, in turn, triggered such profound social and
political changes as massive temporary migrations to the cities; a
consumer revolution by the newly emerged middle class; the revival
of religious movements; the rise of Chinese feminism; and impetus
toward democratization along the Western line. This collection
examines the origins, nature and impact, as well as the future
prospects of these reforms and changes. The contributors are all
active researchers from a variety of disciplines, including
economics, sociology, political science, and geography.
Cambodia underwent a triple transition in the 1990s: from war to peace, from communism to electoral democracy, and from command economy to free market. This book addresses the political economy of these transitions, examining how the much publicised international intervention to bring peace and democracy to Cambodia was subverted by the poverty of the Cambodian economy and by the state's manipulation of the move to the free market. This analysis of the material basis of obstacles to Cambodia's democratisation suggests that the long-established theoretical link between economy and democracy stands, even in the face of new strategies of international democracy promotion. eBook available with sample pages: 0203221753
This book, based on in-depth field research at the local level, assesses the different factors that are contributing to the transition to a market economy and the growth of networks in rural China. It analyses the different socio-economic actors - peasant households, out-migrants, family businesses and peasant entrepreneurs, uses the key concept of markets as a nexus of social networks, and identifies three different kinds of 'social capital' - human capital, political capital/status, and network capital. This book demonstrates the importance of socio-political networks and highlights significant regional differences. eBook available with sample pages: 0203221192
This highly original new book examines the scientific status of
economics from the perspective of practising economists. It studies
how they evaluate their theories, the relationship between those
theories and the phenomena they are intended to represent, and the
philosophy, methodology and scientific credentials of economics. It
examines the tension between economics as the logic of rational
choice and as a predictive science, that is reason and reality
respectively. It surveys the five most influential schools of
thought in the methodology of economics, with special emphasis on
theory appraisal: logical positivism, instrumentalism, a priorism,
scientific realism and rhetorical analysis. Professor Fox assesses
the extent to which economists have followed the precepts and
consequences of their methodological position. He extends the
discussion to consider the purpose of such economic inquiry, the
scope of application and the appropriate structure of economic
theory, as the legitimate sources of economic knowledge. In
conclusion he argues that a resolution of existing and emerging
methodological controversies in economics must begin with a better
understanding of the various voices within the discipline. Intended
as an introduction to the major schools of thought in economics,
this book will be of interest to students and scholars of
economics, philosophy and economic methodology.
What brought about a financial crisis in the "miracle" economies of Asia? What went wrong with financial reform in Asia? What can the developing countries of the world learn from the reform experiences in Asia? Financial Liberalization and the Economic Crisis in Asia analyses how financial liberalization was undertaken in eight Asian countries and how it might be linked to the subsequent crises. The country studies focus on China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea and Thailand. eBook available with sample pages: 0203218159
The revised edition of Southeast Asia provides a grounded account of how people in the region are responding to - and being affected by - the changes sweeping through the region. The 'growth' or 'miracle' economies of Southeast Asia, after having achieved one of the most remarkable transformations in recent history, suffered a sharp downturn in fortunes with the Asian economic crisis of 1997. At the same time, the transitional economies of Indochina have undergone a deep process of market reform. This book unpicks the 'miracle' and the 'crisis' and elaborates on the process of reform. Southeast Asia blends conceptual interpretations of the regions growth (and fall from growth) with case study material drawn from across the region. It uses a wide range of social science literature and presents the complex arguments deployed in an accessible manner. The book challenges our understanding of patterns of change in rural and urban areas of the region, and unpicks the myriad ways in which individuals and households construct their livelihoods. Chapter summaries and annotated further reading are included.
With a large and growing economy and a leadership dedicated both to domestic reform and the further integration into international society and the world economy, China is facing and posing important challenges at the local, national, regional and wider international level. This book analyses the developmental trajectories of China up to and into the new millennium. Focusing on the substance and underlying forces of change, it considers issues and developments in monetary policy, foreign exchange policy, the trade regime, state-owned enterprise reform, regional economic development as well as social changes, particularly those related to social welfare reform and the Internet. The book also covers economic and political developments in 'Greater China', particularly the prospects of reunification after Taiwan's presidential elections, and analyses the core issues and challenges in China's contemporary relations with the USA, Japan, South-East Asia and Europe.
Contents: Part I Southeast Asian Development: The conceptual landscape of dissent 1. Chasing after the wind: Of miracles and mirages 2. Thinking alternatively about development in Southeast Asian Part II Marginal People and Marginal Lives: The 'excluded' 3. The geography of exclusion: The view from above 4. The experience of exclusion Part III Change and Interactions in the Rural and Urban Worlds 5. New rural worlds: More than soil 6. Factory worlds 7. Rural-urban interactions Part IV Chasing the Wind: Modernization and development in Southeast Asia 8. Chasing the wind
The discourse of Confucian Capitalism has been crucial in shaping our understanding of the brilliant economic successes of the Chinese diaspora all over the world. From this perspective, hard work, family values, and communal cohesion, as well as business practices based on sentiment, trust, and social networks, are the legendary means of explaining the wealth and commercial talent of these remarkable people. The book examines the subject of Chinese business' by exposing the enduring myth about the determining effects of these values and practices supposedly derived from Confucianism. Such myth relies on an ahistorical and essentialised notion of Chinese Culture', and brings into focus three sites of controversy: the economically driven Chinese subject, work-place relations characterised by consensus and cultural sharing, and an operating ethos of collectivist, pre-capitalist sociality. In its interrogation of the discourse of Confucian capitalism, it is the aim of this book to arrive at a critically informed and socially realistic understanding of Chinese business. The author combines abstract analysis with examples from anthropological fieldwork among Chinese traders in Sarawak, East Malaysia. By anchoring theoretical discussion to real case-studies, the multi-disciplinary approach of this book offers a useful insight into Chinese business activities, and contributes to current debates in cultural studies, economic anthropology, the economic performance of overseas Chinese, and neo-Confucian societies more generally.
Globalization is theorized in this book as an emerging new stage of capitalism. Robert Went takes us on a journey from the historical roots of globalization through to its relevance in the modern day. The Enigma of Globalization is a timely addition to an important debate and covers such themes as: * International trade * Free trade and international movement of capital * The role of the world economy This accessible and intriguing book is a must, not only for students and academics working in the field, but will also prove an interesting read for all those with a general interest in the modern global political economy. eBook available with sample pages: 0203217578
The first comprehensive history of America's attempts to promote
international development by exporting private enterprise, a story
marked by frequent failure and occasional success. Foreign aid is a
primary tool of US foreign policy, but direct financial support and
ventures like the Peace Corps constitute just a sliver of the
American global development pie. Since the 1940s, the United States
has relied on the private sector to carry out its ambitions in the
developing world. This is the first full account of what has worked
and, more often, what has failed in efforts to export
American-style capitalism. Ethan Kapstein draws on archival sources
and his wide-ranging experience in international development to
provide penetrating case studies from Latin America and East Asia
to the former Soviet Union, Afghanistan, and Iraq. After WWII the
Truman and Eisenhower administrations urged US companies to expand
across the developing world. But corporations preferred advanced
countries, and many developing nations, including Taiwan and South
Korea, were cool to foreign investment. The Cold War made exporting
capitalism more important than ever, even if that meant
overthrowing foreign governments. The fall of the Soviet Union
brought new opportunities as the United States promoted
privatization and the bankrolling of local oligarchs. Following the
invasions of Afghanistan and Iraq, the United States believed it
had blank slates for building these economies, but ongoing conflict
eroded such hopes. Kapstein's sobering history shows that private
enterprise is no substitute for foreign aid. Investors are often
unwilling to put capital at risk in unstable countries. Only in
settings with stable governments and diverse economic elites can
private enterprise take root. These lessons are crucial as the
United States challenges China for global influence.
Labour reform is only one component of the larger process of
reforming economy and society experienced by China during the late
1970s, 80s and 90s, and it is probably that part of this process
where paradoxes emerge most clearly. This book suggests a two-level
analysis: labour theory and consequent policy- and law-making
emerging from a rapidly changing ideological environment from the
beginning of Deng's Reform clash with the social and practical
contradictions of policy implementation that emerges in the second
part of the book, together with an increasing "resistance" by
society vis a vis the state's overall policies as well as with an
increasing - functional and tolerated - "informalization" of labour
practices. The book borrows historical analytical tools in order to
shed light on how policy-making takes place in contemporary China:
an experimental and self-fulfilling process where decisions are
taken only long after being introduced into daily practice. It
should be of interest to students of contemporary Chinese society
and help in the understanding of 25 years of Chinese labour reform.
Our global ecological crisis demands that we question the rationality of the culture that has caused it: western modernity's free market capitalism. Philip Goodchild develops arguments from Nietzsche, Adorno, Horkheimer and Marx, to suggest that our love of Western modernity is an expression of a piety in which capitalism becomes a global religion, in practice, if not always in belief. This book presents a philosophical alternative that demands attention from philosophers, critical theorists, philosophers of religion, theologians and those in ecological politics.
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