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Documents different experiences among economies in addressing the challenges of participating in the WTO.
This volume brings together multidisciplinary, situated and nuanced analyses of contingent issues framing a rapidly changing India in the 21st century. It moves beyond the ready dichotomies that are often extended to understand India as a series of contrasts and offers new insights into the complex realities of India today, thereby enabling us to anticipate the decades to come. The editors focus on three major themes, each discussed in a section: The first section, Framing the Macro-Economic Environment, defines the framework for interrogating globalisation and socio-economic changes in India over the last few decades of the 20th century spiraling into India in the 21st century. The next sec...
Risks and uncertainties?market, financial, operational, social, humanitarian, environmental, and institutional?are the inherent realities of the modern world. Stock market crashes, demonetization of currency, and climate change constitute just a few examples that can adversely impact financial institutions across the globe. To mitigate these risks and avoid a financial crisis, a better understanding of how the economy responds to uncertainties is needed. Maintaining Financial Stability in Times of Risk and Uncertainty is an essential reference source that discusses how risks and uncertainties affect the financial stability and security of individuals and institutions, as well as probable solutions to mitigate risk and achieve financial resilience under uncertainty. Featuring research on topics such as financial fraud, insurance ombudsman, and Knightian uncertainty, this book is developed for researchers, academicians, policymakers, students, and scholars.
Since its emergence in the 1970s, microfinance has risen to become one of the most high-profile policies to address poverty in developing and transition countries. It is beloved of rock stars, movie stars, royalty, high-profile politicians and ‘troubleshooting’ economists. In this provocative and controversial analysis, Milford Bateman reveals that microfinance doesn’t actually work. In fact, the case for it has been largely built on hype, on egregious half-truths and – latterly – on the Wall Street-style greed of those promoting and working in microfinance. Using a multitude of case studies, from India to Cambodia, Bolivia to Uganda, Serbia to Mexico, Bateman demonstrates that microfi nance actually constitutes a major barrier to sustainable economic and social development, and thus also to sustainable poverty reduction. As developing and transition countries attempt to repair the devastation wrought by the global financial crisis, Why Doesn’t Microfinance Work? argues forcefully that the role of microfinance in development policy urgently needs to be reconsidered.
Amid the talks of a five trillion dollar Indian economy, there is still an India where people struggle to arrange two square meals a day. Many strive hard for basic needs of food, health and education. Often unheard and ignored, these voiceless people mostly don’t matter to the mainstream media. This book, through various ground reports over a decade and a half, captures the stories of the most marginalised people of society. All the reports should serve as a warning bell till the time another man dies of starvation, an HIV positive woman is thrown out of her house, a girl is raped in brick kilns of Andhra Pradesh or a poor child is forced to work in the cotton fields of Gujarat. These are...
This unique book adds an ethics dimension to the debate and research about poverty, hunger, and globalization. Scholars and practitioners from several disciplines discuss what action is needed for ethics to play a bigger role in reducing poverty and hunger within the context of globalization. The book concludes that much of the rhetoric is not followed up with appropriate action, and discusses the role of ethics in attempts to match action with rhetoric.
Class explains much in the differentiation of life chances and political dynamics in South Asia; scholarship from the region contributed much to class analysis. Yet class has lost its previous centrality as a way of understanding the world and how it changes. This outcome is puzzling; new configurations of global economic forces and policy have widened gaps between classes and across sectors and regions, altered people’s relations to production, and produced new state-citizen relations. Does market triumphalism or increased salience of identity politics render class irrelevant? Has rapid growth in aggregate wealth obviated long-standing questions of inequality and poverty? Explanations for...