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This book uses a combination of business history and political
economy to chart the development of Indian business organisation
from independence in 1947 through to the twenty-first century. The
Indian economy has undergone a dramatic transformation to become
one of the leading global economies of the twenty-first century.
After ending colonialisation and gaining independence in 1947, the
economy moved from a reliance on the export of raw materials to an
era of state-promoted development, followed by an era of
liberalisation and integration in the world economy by the close of
the twentieth century. This book looks at traditional industries,
such as textiles, to industries of the second and third industrial
revolution, ranging from chemicals and oils to telecommunications.
This book highlights how Indian businesses proved capable of
importing both new managerial ideas and organisational developments
while adapting them to the specific domestic context. The case
studies underline the use of human resource management in the
post-colonial 'indianisation' of foreign-owned multinationals and
the rise of new business organisation and management training in
the development of Indian multinational organisations such as Tata
Sons. The chapters in this book were originally published as a
special issue of Business History.
This book demonstrates the continuing relevance of economics for
understanding the world, through a restatement of the importance of
plurality and heterodox ideas for teaching and research. The Great
Financial Crash of 2007-8 gave rise to a widespread critique of
economics for its inability to explain the most significant
economic event since the 1930s. The current straightjacket of
neo-classical undergraduate economic teaching and research hinders
students' understanding of the world they live in. The chapters in
this book provide examples to demonstrate the importance of
pluralistic and heterodox ideas from across the breadth of
economics. The authors' plurality of approach is indicative of the
fact that economics is a much broader discipline than the dominant
neo-classical orthodoxy would suggest. This volume provides
undergraduate students with a range of alternative ideas and
university lecturers with examples whereby the curricula have been
broadened to include pluralist and heterodox ideas.
This book demonstrates the continuing relevance of economics for
understanding the world, through a restatement of the importance of
plurality and heterodox ideas for teaching and research. The Great
Financial Crash of 2007-8 gave rise to a widespread critique of
economics for its inability to explain the most significant
economic event since the 1930s. The current straightjacket of
neo-classical undergraduate economic teaching and research hinders
students' understanding of the world they live in. The chapters in
this book provide examples to demonstrate the importance of
pluralistic and heterodox ideas from across the breadth of
economics. The authors' plurality of approach is indicative of the
fact that economics is a much broader discipline than the dominant
neo-classical orthodoxy would suggest. This volume provides
undergraduate students with a range of alternative ideas and
university lecturers with examples whereby the curricula have been
broadened to include pluralist and heterodox ideas.
This book continues the ongoing debate about the need for
alternative, interdisciplinary and heterodox approaches to teaching
economics at university. It deals with challenges currently
faced by economists, pursues an interdisciplinary approach to
enhance collaboration with academics from disciplines other than
economics, and analyses several questions and issues related to the
2007-08 financial crisis and the current Covid-19 emergency.
 The Covid pandemic has shown the flaws of the current
neoliberal model and the inability of mainstream economic theory to
address the problems created by the pandemic. The book engages with
an academic audience interested in incorporating a wider range of
economic approaches in their research and teaching, and with
undergraduate and postgraduate economics students who are trying to
understand the limitations of their current economics syllabi. The
novelty of the book is the active involvement of undergraduate and
postgraduate students who contribute to this volume with three
chapters. The book will be of interest to a wide range of
researchers, students and teachers interested in interdisciplinary
and heterodox economics.
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