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This book, the first of two volumes, explores India’s economic
development from 5000BC through to the India’s independence
period from 1947AD to 2022AD. The specific characteristics of
economic development in India are examined to help determine
development paths India can pursue to create sustainable
development in the 21st century. The transition from the
primary section to the secondary sector, through the process of
industrialisation and in turn the move towards the services sector,
is discussed in relation to climate change and the pressure on
resources posed by population growth. This book aims to
contextualise India’s economic development within the political
economy of trade, sustainable development and culture with a
particular focus on the institutions that have emerged in the
Indian sub-continent since 5000BC. It will be relevant to students
and researchers interested in economic history, development
economics, and the political economy.
This book examines the economic and political rise of China from
the perspective of Japan's economic development. Beginning with
Japan's rise to statehood in the Kamakura Period (1185 to 1333) and
detailing the evolution of its economy through to 2018, parallels
are drawn with the economic development of China. Many of the
challenges Japan faced in the first decades of the 20th century,
including nationalism, militarism, income disparities, social
deprivation, and economic crisis are applicable to modern day
China. China's Economic Rise: Lessons from Japan's Political
Economy aims to detail the possible economic and political
upheavals that could accompany the slowing of the Chinese economy
from the experience of Japan. The book will be of interest to
researchers and students in Political Economy, Economic History,
Economic Transition, and Development Economics. The book
supplements the other publications of the author: China's Lessons
for India: Volume 1 - The Political Economy of Development, China's
Lessons for India: Volume 2 - The Political Economy of Change and
The Rise of Empires: The Political Economy of Innovation.
This book and its companion volume offer a better understanding of
the lessons that Indian policymakers can learn from China's
economic experience over the last 40 years. The aim of the two
books together is to evaluate China's incremental reforms and how
these reforms have impacted on the Chinese economy, based on a
classical rather than from a neoclassical perspective using a case
study method. In this second volume, the author examines knowledge
creation, knowledge spillovers and entrepreneurship across both
China and India. The comparative study places the theoretical
analysis of the previous volume in a real-world context of how
China's economic reforms since 1978 have actually impacted on the
country. Its real-world findings of the Chinese economy present a
complete perspective on China's lessons for India as well as at a
global context.
This book and its companion volume offer a better understanding of
the lessons that Indian policymakers can learn from China's
economic experience over the last 40 years. The aim of the two
books together is to evaluate China's incremental reforms and how
these reforms have impacted on the Chinese economy, based on a
classical rather than from a neoclassical perspective using a case
study method. In this first volume, the author examines India's
emergence from socialism and central planning as being in sharp
contrast to China's experience, and considers how we might compare
the institutional difference between the countries. It also covers
a theoretical grounding for the comparison of the two largest
populated countries in the world, which will be taken up by the
second volume.
This book explores how economics can be based around studies on
human behaviour, rather than relying on overly simplified
assumptions generated from mathematical modelling. Through
examining the link between human economic activity and psychology,
specifically regarding the development of cognitive and
non-cognitive ability, insight into the human dimensions of
economic development and the sources of human inequality are
provided. This book aims to question assumptions of rationality
utilised in neoclassical economic theory and suggest how economic
activity can be better understood through a deeper recognition of
human behaviour. It will be relevant to students and researchers
interested in the political economy and behavioural economics.
This book describes and evaluates how institutional innovation and
technological innovation have impacted on humanity from
pre-historical times to modern times, and how societies have been
transformed in history. The author interrogates the relationship
between innovation and civilisation -- particularly the dynamic
whereby innovation leads to empire-building -- and explores
innovation efforts that stimulated economic and social synergies
from the Babylonian Empire in 1900 BC up to the British Empire in
the twentieth century. The author uses historical cross-cultural
case studies to establish the factors which have given competitive
advantages to societies and empires. This book will be of interest
to researchers and students in political economy, economic history,
economic growth and innovation economics.
This book examines the economic and political rise of China from
the perspective of Japan's economic development. Beginning with
Japan's rise to statehood in the Kamakura Period (1185 to 1333) and
detailing the evolution of its economy through to 2018, parallels
are drawn with the economic development of China. Many of the
challenges Japan faced in the first decades of the 20th century,
including nationalism, militarism, income disparities, social
deprivation, and economic crisis are applicable to modern day
China. China's Economic Rise: Lessons from Japan's Political
Economy aims to detail the possible economic and political
upheavals that could accompany the slowing of the Chinese economy
from the experience of Japan. The book will be of interest to
researchers and students in Political Economy, Economic History,
Economic Transition, and Development Economics. The book
supplements the other publications of the author: China's Lessons
for India: Volume 1 - The Political Economy of Development, China's
Lessons for India: Volume 2 - The Political Economy of Change and
The Rise of Empires: The Political Economy of Innovation.
This book describes and evaluates how institutional innovation and
technological innovation have impacted on humanity from
pre-historical times to modern times, and how societies have been
transformed in history. The author interrogates the relationship
between innovation and civilisation -- particularly the dynamic
whereby innovation leads to empire-building -- and explores
innovation efforts that stimulated economic and social synergies
from the Babylonian Empire in 1900 BC up to the British Empire in
the twentieth century. The author uses historical cross-cultural
case studies to establish the factors which have given competitive
advantages to societies and empires. This book will be of interest
to researchers and students in political economy, economic history,
economic growth and innovation economics.
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