Economic liberalisation associated with globalisation is causing a pervasive growth of economic insecurity experienced all over the world. This is placing urgent demands on policymakers to rethink old policies and institutions. This book sets out a new approach to the assessment of income dynamics, based on identifying the diverse components of people's income and entitlements. It defines 'social income' as a broader concept of household income which includes state, community and private benefits. It shows how those components should be measured and provides a composite picture of the structure of incomes and support systems of different societal groups. It recognises how the structure of income, as well as its distribution, has been linked to policy and development dynamics. It starts from a premise that unless the totality of incomes and income support systems is taken into account, academics and policymakers cannot expect to develop appropriate interventions. This perspective is developed though a detailed household survey conducted in rural and urban areas of Gujarat in 2007-2008. This provides an up-to-date picture of how institutions, NGOs and the state system are operating in the context of rapid restructuring of village life in India.

Economic liberalisation associated with globalisation is causing a pervasive growth of economic insecurity experienced all over the world. This is placing urgent demands on policymakers to rethink old policies and institutions.

This book sets out a new approach to the assessment of income dynamics, based on identifying the diverse components of people's income and entitlements. It defines ?social income? as a broader concept of household income which includes state, community and private benefits. It shows how those components should be measured and provides a composite picture of the structure of incomes and support systems of different societal groups. It recognises how the structure of income, as well as its distribution, has been linked to policy and development dynamics. It starts from a premise that unless the totality of incomes and income support systems is taken into account, academics and policymakers cannot expect to develop appropriate interventions.

This perspective is developed though a detailed household survey conducted in rural and urban areas of Gujarat in 2007?2008. This provides an up-to-date picture of how institutions, NGOs and the state system are operating in the context of rapid restructuring of village life in India.

Globalization is primarily about the steady growth of economic liberalization around the world, and the drift to a market society in which privatization and commercialization of social policies have followed the process in economic sectors. One of the apparent consequences is a remarkable growth of various forms of economic inequality and insecurity. This book considers a wide range of economic explanations for the increasing wage gap in a globalizing India, with a focus on how workers and small enterprises in India fare when faced with the processes of globalization and liberalization. While most discussions on globalization stop with the impact of the opening up of the economy on large enterprises and workers in them, here the authors try to tell the story of what happens to workers and enterprises at the bottom of the pyramid. Key questions raised about the experience of Indian development since the onset of economic reforms in 1991 include the limitation of the notion of the informal sector: while there has been a growth in labor informalization and production in small-scale units, much of the informal labor is in or around large-scale producers. As a result, India has actually created a highly flexible labor system. Second, the issue of outsourcing of jobs which has excited comment around the world: while there is an international re-division of labor taking place, the general equilibrium dynamics of this process defy easy description. Third, the limitations in the conventional analysis of the links between educational skills and economic performance: while the commercialization of education is a matter of serious concern, it is not necessarily correct to presume that formal schooling is an adequate proxy for the possession of skills in workers.