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The Politics of Economic Restructuring in India

The Politics of Economic Restructuring in India PDF Author: Loraine Kennedy
Publisher: Routledge
ISBN: 1317937988
Category : Political Science
Languages : en
Pages : 187

Book Description
State re-scaling is the central concept mobilized in this book to interpret the political processes that are producing new economic spaces in India. In the quarter century since economic reforms were introduced, the Indian economy has experienced strong growth accompanied by extensive sectoral and spatial restructuring. This book argues that in this reformed institutional context, where both state spaces and economic geographies are being rescaled, subnational states play an increasingly critical role in coordinating socioeconomic activities. The core thesis that the book defends is that the reform process has profoundly reconfigured the Indian state’s rapport with its territory at all spatial scales, and these processes of state spatial rescaling are crucial for comprehending emerging patterns of economic governance and growth. It demonstrates that the outcomes of India’s new policy regime are not only the product of impersonal market forces, but that they are also the result of endogenous political strategies, acting in conjunction with the territorial reorganisation of economic activities at various scales, ranging from local to global. Extensive empirical case material, primarily from field-based research, is used to support these theoretical assertions. Scholars of political economy, political and economic geography, industrial development, development studies and Asian Studies will find this a stimulating and innovative contribution to the study of the political economy in the developing countries.

The Politics of Economic Restructuring in India

The Politics of Economic Restructuring in India PDF Author: Loraine Kennedy
Publisher: Routledge
ISBN: 1317937988
Category : Political Science
Languages : en
Pages : 187

Book Description
State re-scaling is the central concept mobilized in this book to interpret the political processes that are producing new economic spaces in India. In the quarter century since economic reforms were introduced, the Indian economy has experienced strong growth accompanied by extensive sectoral and spatial restructuring. This book argues that in this reformed institutional context, where both state spaces and economic geographies are being rescaled, subnational states play an increasingly critical role in coordinating socioeconomic activities. The core thesis that the book defends is that the reform process has profoundly reconfigured the Indian state’s rapport with its territory at all spatial scales, and these processes of state spatial rescaling are crucial for comprehending emerging patterns of economic governance and growth. It demonstrates that the outcomes of India’s new policy regime are not only the product of impersonal market forces, but that they are also the result of endogenous political strategies, acting in conjunction with the territorial reorganisation of economic activities at various scales, ranging from local to global. Extensive empirical case material, primarily from field-based research, is used to support these theoretical assertions. Scholars of political economy, political and economic geography, industrial development, development studies and Asian Studies will find this a stimulating and innovative contribution to the study of the political economy in the developing countries.

Democratic Politics and Economic Reform in India

Democratic Politics and Economic Reform in India PDF Author: Rob Jenkins
Publisher: Cambridge University Press
ISBN: 9780521659871
Category : Business & Economics
Languages : en
Pages : 264

Book Description
This book takes issue with existing theories of the relationship between democracy and economic liberalisation.

The Meaning of the Local

The Meaning of the Local PDF Author: Geert de Neve
Publisher: Taylor & Francis
ISBN: 1135392153
Category : Law
Languages : en
Pages : 452

Book Description
By zooming in on urban localities in India and by unpacking the 'meaning of the local' for those who live in them, the ten papers in this volume redress a recurrent asymmetry in contemporary debates about globalisation. In much literature, the global is associated with transnationalism, dynamism and activity, and the local with static identities and history. Focusing on a range of locales in India's metropolitan areas and provincial small towns, the contributions move beyond the assertion that space is socially constructed to explore the ways in which social and political relations are themselves spatially and historically contingent. Using detailed ethnography, the authors highlight the vitality of place-making in the lives of urban dwellers and the centrality of a 'politics of place' in the production of power, difference and inequality. The volume illustrates how urban spaces are increasingly interconnected through wider social and spatial processes, while local boundaries and group-based identities are at the same time reconstructed, and often even consolidated, through the use of 'traditional' idioms and localised practices. All contributions relate detailed case studies of everyday activities to a range of contemporary debates that highlight various spatial aspects of cultural identities, economic restructuring and political processes in India. The volume provides an interdisciplinary perspective on urban life in rapidly changing political and economic environments. It offers a contribution to policy-orientated debates on urban livelihoods and urban planning as well as a wealth of ethnographic material for those interested in the spatial dimensions of urban life in India.

The Politics of Economic Adjustment

The Politics of Economic Adjustment PDF Author: Stephan Haggard
Publisher: Princeton University Press
ISBN: 9780691003948
Category : Business & Economics
Languages : en
Pages : 380

Book Description
This is a collection of essays offering comparative analysis of the divergent experiences of developing countries responding to economic crises by adopting macroeconomic stabilization and structural adjustment policies.

Entrepreneurial Urbanism in India

Entrepreneurial Urbanism in India PDF Author: Kanekanti Chandrashekar Smitha
Publisher: Springer
ISBN: 9811022364
Category : Social Science
Languages : en
Pages : 226

Book Description
Through the analysis of Indian metropolises, this volume critiques the reality of “entrepreneurial governance” that has emerged as a major urban development practice in cities of the global south. In neoliberal India, the use of management rhetoric in urban development has rapidly led to the growth of urban/peri-urban structures and spaces that are supposedly “smart” and “entrepreneurial”, which are networked within global systems of production, finance, technology/ telecommunication, culture and politics. Through diverse empirical evidence from India, particularly from the metropolises of New Delhi, Mumbai, Bengaluru and Chennai, this volume focuses on the fallout of the deployment of “entrepreneurial governance” practices at national, state and local levels. Foremost, it explores the impact of specific institutional and organizational reorientations and changing urban spatial landscapes at the local level; secondly, it discusses the socio-economic implications of rollback of the state and involvement of non-state organizations in governance as part of urban entrepreneurialism; further, it discusses the regulation of urban development projects by local governments and the impact of "entrepreneurial governance" for citizens, often resulting in social exclusion and inequality. Finally, it explores the inherent contradictions within political and institutional landscapes that can be described as “entrepreneurial”. Written by scholars from diverse disciplinary backgrounds, and focusing on different facets of entrepreneurial governance in Indian metropolises, this book is of interest to researchers of urban politics, public policy, urban sociology, anthropology, urban geography, planning and architecture.

The Politics of Economic Restructuring in India

The Politics of Economic Restructuring in India PDF Author: Loraine Kennedy
Publisher: Routledge
ISBN: 131793797X
Category : Political Science
Languages : en
Pages : 212

Book Description
State re-scaling is the central concept mobilized in this book to interpret the political processes that are producing new economic spaces in India. In the quarter century since economic reforms were introduced, the Indian economy has experienced strong growth accompanied by extensive sectoral and spatial restructuring. This book argues that in this reformed institutional context, where both state spaces and economic geographies are being rescaled, subnational states play an increasingly critical role in coordinating socioeconomic activities. The core thesis that the book defends is that the reform process has profoundly reconfigured the Indian state’s rapport with its territory at all spatial scales, and these processes of state spatial rescaling are crucial for comprehending emerging patterns of economic governance and growth. It demonstrates that the outcomes of India’s new policy regime are not only the product of impersonal market forces, but that they are also the result of endogenous political strategies, acting in conjunction with the territorial reorganisation of economic activities at various scales, ranging from local to global. Extensive empirical case material, primarily from field-based research, is used to support these theoretical assertions. Scholars of political economy, political and economic geography, industrial development, development studies and Asian Studies will find this a stimulating and innovative contribution to the study of the political economy in the developing countries.

Avoiding the Fall

Avoiding the Fall PDF Author: Michael Pettis
Publisher: Brookings Institution Press
ISBN: 0870034081
Category : Political Science
Languages : en
Pages : 172

Book Description
The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.

The Restructuring of Capitalism in Our Time

The Restructuring of Capitalism in Our Time PDF Author: William K. Tabb
Publisher: Columbia University Press
ISBN: 0231158424
Category : Business & Economics
Languages : en
Pages : 354

Book Description
Actions taken by the United States and other countries during the Great Recession focused on restoring the viability of major financial institutions while guaranteeing debt and stimulating growth. Once the markets stabilized, the United States enacted regulatory reforms that ultimately left basic economic structures unchanged. At the same time, the political class pursued austerity measures to curb the growing national debt. Drawing on the economic theories of Keynes and Minsky and applying them to the modern evolution of American banking and finance, William K. Tabb offers a chilling prediction about future crises and the structural factors inhibiting true reform. Tabb follows the rise of banking practices and financial motives in America over the past thirty years and the simultaneous growth of a shadow industry of hedge funds, private equity firms, and financial innovations such as derivatives. He marks the shift from an American economy based primarily on the production of goods and nonfinancial services to one characterized by financialization, then shows how these developments, perspectives, and approaches not only contributed to the recent financial crisis but also prevented the enactment of effective regulatory reform. He incisively analyzes the damage that increasing unsustainable debt and excessive risk-taking has done to our financial system and expands his critique to a discussion of world systems and globalization. Revealing the willful blind spots of mainstream finance theory, Tabb moves beyond an economic model reliant on debt expansion and dangerous levels of leverage, proposing instead a social structure of accumulation that places economic justice over profit and, more practically, institutes an inclusive, sustainable model for growth.

India's New Middle Class

India's New Middle Class PDF Author: Leela Fernandes
Publisher: Choice Publishing Co., Ltd.
ISBN: 9780816649280
Category : Business & Economics
Languages : en
Pages : 340

Book Description
Today India's middle class numbers more than 250 million people and is growing rapidly. Public reports have focused mainly on the emerging group's consumer potential, while global views of India's new economy range from excitement about market prospects to anxieties over outsourcing of service sector jobs. Yet the consequences of India's economic liberalization and the expansion of the middle class have transformed Indian culture and politics. In India's New Middle Class, Leela Fernandes digs into the implications of this growth and uncovers--in the media, in electoral politics, and on the streets of urban neighborhoods--the complex politics of caste, religion, and gender that shape this rising population. Using rich ethnographic data, she reveals how the middle class represents the political construction of a social group and how it operates as a proponent of economic democratization. Delineating the tension between consumer culture and outsourcing, Fernandes also examines the roots of India's middle class and its employment patterns, including shifting skill sets and labor market restructuring. Through this close look at the country's recent history and reforms, Fernandes develops an original theoretical approach to the nature of politics and class formation in an era of globalization.In this sophisticated analysis of the dynamics of an economic and political group in the making, Fernandes moves beyond reductionist images of India's new middle class to bring to light the group's social complexity and profound influence on politics in India and beyond.Leela Fernandes is associate professor of political science at Rutgers University, New Brunswick.

On Shifting Foundations

On Shifting Foundations PDF Author: Kean Fan Lim
Publisher: John Wiley & Sons
ISBN: 1119344565
Category : Science
Languages : en
Pages : 250

Book Description
This book introduces readers to the current social and economic state of China since its restructuring in 1949. Provides insights into the targeted institutional change that is occurring simultaneously across the entire country Presents context-rich accounts of how and why these changes connect to (if not contradict) regulatory logics established during the Mao-era A new analytical framework that explicitly considers the relationship between state rescaling, policy experimentation, and path dependency Prompts readers to think about how experimental initiatives reflect and contribute to the ‘national strategy’ of Chinese development An excellent extension of ongoing theoretical work examining the entwinement of subnational regulatory reconfiguration, place-specific policy experimentation, and the reproduction of national economic advantage