|
Showing 1 - 8 of
8 matches in All Departments
On the night of 8 November 2016, at 8:15 pm, India's Prime
Minister, Narendra Modi, announced in a televised broadcast to the
nation that with effect from midnight, currency notes of
denominations Rs 500 and Rs 1,000 would no longer be legal tender.
In one stroke, this involved the de-recognition of over 86 per cent
of the value of Indian currency in circulation with only four
hours' notice. This important book provides a quick and concise
explanation of the goals, implications, initial effects and the
political economy of this major demonetisation move by the
Government of India. It clarifies key concepts and offers astute
economic analysis to guide the reader through the various claims,
arguments and critiques that have been made; highlights the
complexities of the processes that have been unleashed; and
examines the likely outcomes in the long term as well as those that
are immediately evident. Timely and lucid, this book will interest
students and researchers in the fields of economics, finance,
management, law, politics and governance as well as policy makers,
legislators, civil society activists and the media.
On the night of 8 November 2016, at 8:15 pm, India's Prime
Minister, Narendra Modi, announced in a televised broadcast to the
nation that with effect from midnight, currency notes of
denominations Rs 500 and Rs 1,000 would no longer be legal tender.
In one stroke, this involved the de-recognition of over 86 per cent
of the value of Indian currency in circulation with only four
hours' notice. This important book provides a quick and concise
explanation of the goals, implications, initial effects and the
political economy of this major demonetisation move by the
Government of India. It clarifies key concepts and offers astute
economic analysis to guide the reader through the various claims,
arguments and critiques that have been made; highlights the
complexities of the processes that have been unleashed; and
examines the likely outcomes in the long term as well as those that
are immediately evident. Timely and lucid, this book will interest
students and researchers in the fields of economics, finance,
management, law, politics and governance as well as policy makers,
legislators, civil society activists and the media.
The COVID-9 pandemic has generated human suffering and economic
devastation across the world - but these reflect not just the
impact of the disease but the policy failures of governments.
Further, the trajectory of the disease and the human and economic
outcomes has varied greatly, again because of how governments have
responded and the institutional context. This volume brings
together analyses of the public policy responses from many
different countries, to evaluate what has worked and what hasn't,
what has been done and what could have been done - and the
potential directions for the future.
Prabhat Patnaik's academic insights and strong political commitment
have stimulated intellectual activity and inspired personal regard
across a multitude of people from all walks of life. This volume
brings together contributions from some who have benefited from
interaction with him over decades, in a tribute and continuing
conversation. Patnaik, born 19 September 1945 in Odisha, India, is
one of the outstanding economists of his generation and a leading
Marxist theoretician in the world today. Versatile in his knowledge
and mastery of different schools of thought but unflinching in his
commitment to the use and extension of a Marxist approach, he has
influenced several generations of social scientists through his
extensive writing, his contributions to academic discourse, and his
life as a tireless public intellectual. Born to parents who were
deeply committed to the communist cause and were members of the
Communist Party of India, Patnaik grew up in a commune in his early
years, an experience that Ashok Mitra (his friend and comrade)
believes deeply influenced who he became. His brilliance at all
stages of his career is legendary. After studying at St Stephens'
College and the Delhi School of Economics in Delhi University, he
received a Ph.D. in Economics from Oxford University. He taught at
the University of Cambridge, England, where he held a tenured
position, which he chose to give up to return to India to join the
founding faculty of the Centre for Economic Studies in the School
of Social Sciences of Jawaharlal Nehru University, where he taught
for around four decades. He is currently professor emeritus at
Jawaharlal Nehru University. Through his work as an academic, as
editor of the journal Social Scientist and as a columnist in
People's Democracy, Patnaik has contributed immensely to developing
a theoretical understanding of India's economy and society, and the
tactics and strategy needed to change it in a socialist direction.
His work has been recognized widely and he has been awarded several
academic honors, including the V.K.R.V. Rao Prize in Social Science
Research in 1986 and an honorary doctorate by the School of African
and Oriental Studies, University of London in 2012. But he is
better known as a leading theoretician of the Left who has kept
alive the need for advancing theory to support the struggle for an
alternative society. He put into practice his ideas as a heterodox
economist when he successfully served as Vice-Chairman of the
Kerala State Planning Board under the Left Democratic Front
government in Kerala from June 2006 to July 2011.
Born in 1945 in Odisha, India, to parents who were deeply committed
to the Communist cause as members of the Communist Party of India,
Patnaik is one of the most outstanding economists of his generation
and a leading Marxist theoretician in the world today. Through his
work as an academic, he has contributed immensely to developing a
theoretical understanding of India's economy and society, and the
tactics and strategy needed to change it in a socialist direction.
Patnaik is better known as a leading theoretician of the Left who
has kept alive the need for advancing theory to support the
struggle for an alternative society. He put into practice his ideas
as a heterodox economist when he successfully served as
Vice-Chairman of the Kerala State Planning Board under the Left
Democratic Front government in Kerala from June 2006 to July 2011.
Prabhat Patnaik's academic insights and strong political commitment
have stimulated intellectual activity and inspired personal regard
across a multitude of people from all walks of life. Versatile in
his knowledge and mastery of different schools of thought but
unflinching in his commitment to the use and extension of a Marxist
approach, he has influenced several generations of social
scientists through his extensive writing, his contributions to
academic discourse, and his life as a tireless public intellectual.
This volume brings together contributions from some who have
benefited from interaction with him over decades, in a tribute and
continuing conversation.
The essays in this book are the texts of four public lectures on
Marx's Capital, delivered by C. P. Chandrasekhar on the occasion of
150 years since the publication of Volume 1. The essays are titled:
"Capital and the Critique of Bourgeois Political Economy"; "Order
and Anarchy in the Capitalist System"; 'Revisiting Capital in the
Age of Finance"; and "Marx's Capital and the Current Crisis in
Capitalism." The book includes an introduction by Prabhat Patnaik.
Agrarian transition, exploitative production relations, bondage in
the agriculture and informal sectors, food insecurity, and poverty
are among the central concerns that have marked the work of the
eminent economist and author Utsa Patnaik. She has sought to seek
and define alternative economic models that address these concerns
and that are therefore emancipatory in nature. This festschrift
attempts to engage with the theoretical frameworks, historical
analyses, and developmental questions that her remarkable academic
contributions have raised. The volume delves deep into issues such
as the agrarian question in contemporary India, the issue of
primitive accumulation, displacement and land rights, the crisis of
employment generation and women's work under present economic
regimes, the challenge of environmental sustainability, and
environmental constraints to development, left politics, issues of
secularism and the social challenges of communalism-all of which
are contradictions faced in the development process today. The
editors hope that the volume will be useful to all whose praxis and
work are anchored on the motivation to build a better and just
world.
The global financial crisis that exploded around September 2008 was
just one more in a series of crises that have affected more than
sixty countries in the era of financial liberalization. Of course
the latest crisis is particularly significant in a number of ways:
it originated in the core of capitalism, in the United States; it
has spread dramatically across the world, even to countries that
earlier seemed to be relatively secure; it calls into question many
of the mainstream economic dogmas that have dominated economic
policy-making for more than two decades. Yet, in some other ways,
the current crisis is not very different from those that have
preceded it in the recent past. July 2007 marked a decade since the
onset of financial crisis in several East and Southeast Asian
countries. The crisis of 1997 focused attention on the dangers
associated with a world dominated by fluid finance. It brought home
the fact that financial liberalization can result in crises even in
so-called 'miracle economies'. Prior to the crisis, the pace and
pattern of growth in many countries in that region were challenging
the dominance of the original capitalist powers over the global
economy. The 1997 crisis set back that process, and even after a
decade many of these countries have not been able to recover their
pre-crisis dynamism. In hindsight, it is clear that currency and
financial crises have devastating effects on the real economy. The
ensuing liquidity crunch and wave of bankruptcies result in sever
deflation, with attendant consequences for employment and the
standard of living. The adoption, post-crisis, of conventional IMF
stabilization strategies tends to worsen the situation: governments
become so sensitive to the possibility of future crises that they
continue to adopt very restrictive macro-economic policies and
restrain public expenditure even in crucial social sectors.
Finally, asset-price deflation and devaluation pave the way for
foreign capital inflows that finance a transfer of ownership of
assets from domestic to foreign investors, thereby enabling a
conquest by international capital of important domestic assets and
resources. This book delineates the alternative trajectories of
post-crisis development in different economies, the lessons they
offer and the implications they have for alternative policies. It
is important to take stock of these processes not only for
understanding the experience of the 'crisis economies' of East and
Southeast Asia, but also because it is becoming evident that the
international financial system has still not evolved effective ways
of preventing such crises among emerging economies and of reducing
their damaging effects. Indeed, an examination of the post-crisis
experience of countries outside East Asia reveals important
similarities (as well as some differences) that have implications
for all developing countries that have undergone a significant
degree of global economic integration. This book therefore has a
wider focus than the East Asian 'crisis economies' alone: it tries
to situate post-crisis developments in a broader analysis of the
recent political economy of international capitalism, in particular
the role of mobile finance. It also offers comparative perspectives
on post-crisis restructuring in other developing countries that
have experienced crisis; as well as on the experience of other
Asian countries that were affected by, but did not experience
financial crisis. While the essays in this book were originally
written in 2007, they still remain extraordinarily relevant to the
present times, not least because they anticipate the processes that
led to the global financial meltdown in 2008. A key insight of much
of the analysis in this book is how market-oriented strategies to
cope with the crisis created further financial fragility in many
post-crisis economies. To that extent many of these papers
effectively predict the severe impact the current global crisis is
having on both financial variables and the real economy, in
developing countries in particular.
|
You may like...
Poldark: Series 1-2
Aidan Turner, Eleanor Tomlinson, …
Blu-ray disc
(1)
R55
Discovery Miles 550
Midnights
Taylor Swift
CD
R418
Discovery Miles 4 180
It: Chapter 1
Bill Skarsgård
Blu-ray disc
R111
Discovery Miles 1 110
|