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This book explores India's rise on the global economic stage from the perspective of both international and domestic interests and activities. Sinha argues that the impact of globalization on India since 1990 needs to be understood not just in terms of national policy, but also in terms of changing trade capacities and private sector reform.
Globalizing India by Jackie Assayag,Chris Fuller Pdf
This is one of the earliest books to present a collection of writings on the effects of globalization on India and Indian society. The editors have assembled a team of eminent academics to present a series of critical discussions about important issues of economy and agriculture, education and language, and culture and religion, based on ethnographic case studies from different localities in India. Globalizing India is a major contribution to South Asian Studies, interrogating a topic of contemporary importance – both within the region and internationally.
Globalisation and Indian Economy by Bharat Jhunjhunwala Pdf
This book presents the changing contours of India s position in the global economy. The first section deals with India s defensive posture in the nineties vis-à-vis the Multinational Companies. The resistance to speedy opening up of the economy has enabled Indian businesses to become globally competitive. The second section deals with the challenges before Indian in the begging of the 21st millennium as she is increasingly recognized as a world power. The earlier defensive posture has to be change into an offensive posture now with India aiming to break the economies of the rich countries. This can be done, for example, withdrawing forex reserves from US T-Bills. The third section deals with the challenges before India in establishing a just world order. The question in how to break the inherent injustice in the world economy where 20 percent of the people of rich countries are consuming 80 percent of the resources. India should not tie its wagon to the engine of rich countries and try to gain form injustice of the present world order. Instead, India must take the lead in confronting the injustice perpetrated by the rich countries, organize the developing countries and establish a world economy based on justice.
Ever since the dramatic airlifting of all 67 tonnes of India's gold from the Reserve Bank of India to the vaults of British and Swiss banks in May 1991 as collateral for a $2.2 billion emergency loan, India has never been the same. The New Economic Policy (NEP), which followed two months later and has been pursued with varying degrees of commitment by later governments, heralded a new chapter in India's history. In Indians in a Globalizing World, acclaimed journalist and historian Dilip Hiro shows that the redistribution of the extra wealth created by the spurt in growth caused by economic liberalization has been skewed, grossly favouring those who are already well off. The author of Inside India Today - a modern classic described as 'the best book on India' by the Guardian - Hiro seamlessly combines research with grassroots reporting. In his riveting narrative, he moves from glitzy office tower blocks and prohibitively expensive apartments in the gated enclaves of Gurgaon - the Poster City of New India - to the embattled Maoist stronghold of Dantewada in Chhattisgarh. He is as much at ease narrating the tales of the great and good in California's Silicon Valley as he is in outlining the lifestyle of the residents of Delhi's New Seelampur or Dehradun's Bindal River slum. Above all, he shows how life in rural India, home to seven out of ten Indians, has been affected by globalization. Only a tiny minority of villages near urban centres have prospered because of rapid urbanization while the vast majority have stagnated or fallen behind. Finally, Indians in a Globalizing World explains how accelerated urbanization and financial globalization have led to an explosive growth in corruption which emerged as the primary concern of voters in the 2014 general election.
At the end of the twentieth century, India has been transformed by global economic forces. 'India: Globalization and Change' examines the political and social changes taking place in India as a result of market liberalisation and integration into the world economy. Concentrating on the period since the emergence of market-dominated capitalism in India in the early 1990s, this up-to-date book highlights the effects of globalization on nearly all corners of Indian life. Rather than seeking explanation through referring to the past and traditions, this book concentrates on the modernising forces at work in India through an analysis of our major themes: caste, class, religion and gender. The author also considers the widening divisions in Indian society in relation to the overseas influence (through education and work) on elites and the increasing regionalism of other groups. This book discusses contemporary issues in Indian life (including environmental problems, emigration, and the anti-nuclear movement) and integrates this discussion into an examination of the new structures emerging from an increasing dependence on global markets. By bringing together the many strands that make up India at the dawn of the twenty-first century, the author provides an innovative perspective on this huge and diverse subcontinent.
Globalisation and the Middle Classes in India by Ruchira Ganguly-Scrase,Timothy J. Scrase Pdf
"This book discusses and analyses both the economic and cultural sides to globalisation in India, providing much-needed data in relation to several dimensions including the changing costs of living; household expenditure, debt and consumerism; employment and workplace restructuring gender relations and girls' education; global media and satellite television; and the significance of English in a globalising India." --Book Jacket.
Instead of denationalization, business in India is now more competitive and is venturing forth into the global market; increased imports and the entry of foreign multinationals have not swamped it; essentially, India is master of its own destiny. Instead of economic destabilization, there has been since the paradigm shift in economic policy in 1991 a marked absence of economic crisis in India. And, instead of impoverishment, India has seen a long and unprecedented period of welfare enhancement since it began its reintegration into the world economy in 1975; there has been a secular decline in poverty since then, while inequality has not increased much. The policy conclusion that flows from this experience is that India ought to be, in general, more open to globalization in the interest of sustaining the acceleration in economic growth and enhancing the welfare of its people. To this end it should push forward with the reform agenda.
Globalization and India's Economic Integration by Baldev Raj Nayar Pdf
A common critique of globalization is that it causes economic segmentation and even disintegration of the national economy. Quite to the contrary, Baldev Raj Nayar provides a thorough empirical treatment of India’s political economy that challenges this critique by demonstrating that, on balance, both state and market have functioned to attenuate such a disintegrative impact and to accentuate economic integration. The active role of the Indian state in the areas of economic planning, fiscal federalism, and tax reform has resulted in improved economic integration and not increased segmentation. Similarly, his investigation of trade, investment, entrepreneurship, and migration suggests tendencies inherent in the market in favor of economic integration, especially when assisted by the state. While globalization has its benefits, such as higher economic growth, and costs, such as external shocks, Nayar’s findings show that India has benefited from globalization more than it has been victimized by it. Globalization and India’s Economic Integration shows how globalization’s pressures favoring efficiency paradoxically induced the state to push for consolidation on a pan-Indian scale in the area of fiscal federalism and to advance the cause of the common market through reforming the indirect tax system; meanwhile, the state has pressed forward with social inclusiveness as never before in its economic planning. For another, the market, too, has been instrumental, because of its widened scope and its inherently expanding character, in strengthening economic integration through trade expansion, diffusion of industry, and increased inter-state migration. Nayar’s groundbreaking work will interest students, scholars, and specialists of India, South Asia, globalization, and political economy.
The Politics and Culture of Globalisation by Hans Löfgren,Prakash Sarangi Pdf
We experience the culture of globalisation every time we visit a Tandoori restaurant in Chicago, or a Pizza Hut in Hyderabad, or as we watch Bollywood films in Australia. Globalisation is a label used for a wide range of political, social and cultural phenomena, many of which are explored in this volume. The Politics and Culture of Globalisation: India and Australia brings together Indian and Australian experts in the fields of political science, international relations, philosophy, cultural theory and political economy. Its timeliness and unifying theme derive from comparisons between Indian and Australian perspectives, and analyses by Australian writers on developments in India. Indian-Australian relations are explored in several chapters. The neo-liberal form of globalisation is a key focus of critique in this volume. Several chapters examine the search for alternative forms of governance as the nation-state undergoes profound change due to global interconnectedness.
India in the Age of Globalization by Suman Gupta,Tapan Basu,Subarno Chattarji Pdf
Contributed articles presented earlier in an international workshop initiated at Nehru Memorial Museum and Library, New Delhi, India, 26-28 March, 2002.
Federalizing India in the Age of Globalization by Mahendra Prasad Singh,Rekha Saxena Pdf
The major new direction of change in the Indian political system today is the gradual political decentring of a predominantly parliamentary system of the first four decades after Independence into a new federalizing and globalizing India since the early 1990s.
Globalization and Governance in India by Jivanta Schottli,Himanshu Jha Pdf
This volume examines the tangled relationship between globalization and governance through the lens of India’s domestic politics, structures, institutions and policies. The contributors to this volume draw attention to the interconnectedness of global and domestic processes. In doing so, this volume also captures the evolving dynamics of state-society-market relations. A unique blend of papers, the collection brings out the complex interplay and interconnections between global trends, domestic politics and governance challenges in explaining both the persistence of policy reforms, as well as institutional change. In this light, the volume examines the role of socio-political processes and key actors at the domestic level; how they have negotiated global norms, pressures and opportunities resulting in durable policies and institutions. The COVID-19 pandemic has yet again brought the focus back to the significance and interconnectedness of globalization and governance. This volume will contribute to a deeper understanding of these twin processes through thematic discussions on embedded liberalism of the Indian state; transnationalisation of India’s economic elites; exploring the role of global-local linkages in the transparency laws; strategic internationalization and the politics of reform; the global success of micro-credit and its domestic manifestation; and the resilience and durability of the ‘Indian way' of governing globalization. This book was originally published as a special issue of the India Review.
