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This book deals with issues in economic development in India. It highlights those factors that are indicative of India's emergence in the global economy yet indicates negative "trickle down" effects, such as malnutrition, poverty, bonded labourers, high adult unemployment and the widespread use of child labour. Focusing on structural deficiencies for a steady growth rate, and how to make growth inclusive, the book examines duality in development and the factors standing between national economic prosperity and human development. The author analyses issues concerning international trade, technology, access to food, inequality and poverty, and the "catching up" of developing countries. A novel approach to the analysis of the Indian economy and other developing countries in the 21st century, this book advocates development as a form of governance. With India as a case study, this book provides a solid framework for looking at developing economies which will be useful to policy-makers and to graduate and post-doctoral students and researchers in the areas of development studies and economics, industrialisation and structural change.
This book explores the impact of neoliberal globalization on labour markets and the state in the developed and developing world. It focuses especially on the United States and the economies of Asia - in particular, India. Liberalized trade and investment are thought by neoliberals to be the best levers for raising labour standards, provided labour market flexibility and capital market restructuring accompany them. Labour market flexibility and capital market restructuring, at a first glance, appear to be complementary and symmetric policies. In practice, however, they might have very asymmetric consequences. This book addresses these issues, and it presents a comprehensive analysis of the key questions such as: How far is globalization a 'real' threat to the conventional systems of wage fixation, employment pattern, and basic rights at work in both developed, as well as underdeveloped countries? Are casualization and informalization of the workforce direct outcomes of deregulation? How do labour organizations cope with the volatility of the labour market? Are the existing labour market conditions and forms of labour organizations misfits in the globalized business world? Is it at all feasible to choose a high road that combines some degree of labour market flexibility with better labour standards? This book will be of interest to academics working on International Development, Development Economics, Political Economy, Comparative Labour Studies and Asian Studies.
This book explores the impact of neoliberal globalization on labour markets and the state in the developed and developing world. It focuses especially on the United States and the economies of Asia - in particular, India. Liberalized trade and investment are thought by neoliberals to be the best levers for raising labour standards, provided labour market flexibility and capital market restructuring accompany them. Labour market flexibility and capital market restructuring, at a first glance, appear to be complementary and symmetric policies. In practice, however, they might have very asymmetric consequences. This book addresses these issues, and it presents a comprehensive analysis of the key questions such as:
This book will be of interest to academics working on International Development, Development Economics, Political Economy, Comparative Labour Studies and Asian Studies.
This book deals with issues in economic development in India. It highlights those factors that are indicative of India's emergence in the global economy yet indicates negative "trickle down" effects, such as malnutrition, poverty, bonded labourers, high adult unemployment and the widespread use of child labour. Focusing on structural deficiencies for a steady growth rate, and how to make growth inclusive, the book examines duality in development and the factors standing between national economic prosperity and human development. The author analyses issues concerning international trade, technology, access to food, inequality and poverty, and the "catching up" of developing countries. A novel approach to the analysis of the Indian economy and other developing countries in the 21st century, this book advocates development as a form of governance. With India as a case study, this book provides a solid framework for looking at developing economies which will be useful to policy-makers and to graduate and post-doctoral students and researchers in the areas of development studies and economics, industrialisation and structural change.
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