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Author: Vivek Chibber Publisher: Princeton University Press ISBN: 1400840775 Category : History Languages : en Pages : 355
Book Description
Why were some countries able to build "developmental states" in the decades after World War II while others were not? Through a richly detailed examination of India's experience, Locked in Place argues that the critical factor was the reaction of domestic capitalists to the state-building project. During the 1950s and 1960s, India launched an extremely ambitious and highly regarded program of state-led development. But it soon became clear that the Indian state lacked the institutional capacity to carry out rapid industrialization. Drawing on newly available archival sources, Vivek Chibber mounts a forceful challenge to conventional arguments by showing that the insufficient state capacity stemmed mainly from Indian industrialists' massive campaign, in the years after Independence, against a strong developmental state. Chibber contrasts India's experience with the success of a similar program of state-building in South Korea, where political elites managed to harness domestic capitalists to their agenda. He then develops a theory of the structural conditions that can account for the different reactions of Indian and Korean capitalists as rational responses to the distinct development models adopted in each country. Provocative and marked by clarity of prose, this book is also the first historical study of India's post-colonial industrial strategy. Emphasizing the central role of capital in the state-building process, and restoring class analysis to the core of the political economy of development, Locked in Place is an innovative work of theoretical power that will interest development specialists, political scientists, and historians of the subcontinent.
Author: Tirthankar Roy Publisher: Cambridge University Press ISBN: 1316953262 Category : History Languages : en Pages : 314
Book Description
In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.
Author: Tirthankar Roy Publisher: Cambridge University Press ISBN: 9780521650120 Category : Business & Economics Languages : en Pages : 276
Book Description
The majority of workers in South Asia are employed in industries that rely on manual labour and craft skills. Some of these industries have existed for centuries and survived great changes in consumption and technology over the last 150 years. In earlier studies, historians of the region focused on mechanized rather than craft industries, arguing that traditional manufacturing was destroyed or devitalized during the colonial period, and that modern industry is substantially different. Exploring new material from research into five traditional industries, Tirthankar Roy s book contests these notions, demonstrating that while traditional industry did evolve during the Industrial Revolution, these transformations had a positive rather than destructive effect on manufacturing generally. In fact, the book suggests, the major industries in post-independence India were shaped by such transformations. Tirthankar Roy s book offers new and penetrating insights into India s economic and social history.
Author: Keijiro Otsuka Publisher: Springer ISBN: 9811331316 Category : Business & Economics Languages : en Pages : 305
Book Description
This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.
Author: Anupam Sen Publisher: Routledge ISBN: 1351860399 Category : History Languages : en Pages : 248
Book Description
The purpose of this book, first published in 1982, is to probe the nature of the state in India and the role played by it in the evolution of the social economy, particularly in the growth of industry. In fact, the problematic of the state and its relationship with socio-economic progression or regression is a dialectic process. What this book does is attempt to unravel this dialectic, by following the theory and method of Maxism.
Author: Indrajit Ray Publisher: Routledge ISBN: 135138726X Category : Business & Economics Languages : en Pages : 245
Book Description
Bengal’s traditional industries, once celebrated worldwide, largely decayed under the backwash effects of the British Industrial Revolution in the first half of the nineteenth century. Although colonial ambivalence is often cited as an explanation, this study also shows that a series of new industries emerged during this period. The book reappraises the thesis of India’s deindustrialisation and discusses the development status of the traditional industries in the early nineteenth century, examines their technology, employment opportunities and marketing and, finally, analyses the underlying reasons for their decay. It offers a study of how traditional industries evolved into modern enterprises in a British colony, and contributes to the broader discussion on the global history of industrialisation. This book will be of interest to scholars of Indian economic history as well as those who seek to understand the widespread effects of industrialisation, especially in a colonial context.
Author: Klaus Schwab Publisher: Crown Currency ISBN: 1524758876 Category : Business & Economics Languages : en Pages : 194
Book Description
World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Author: R. Nagaraj
Author: R. Nagaraj
Author: Vivek Chibber
Author: Tirthankar Roy
Author: Tirthankar Roy
Author: Vijay K. Seth
Author: Keijiro Otsuka
Author: Anupam Sen
Author: John M. Hobson
Author: Indrajit Ray
Author: Klaus Schwab