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The Rise of Finance
Financialisation, or the disproportionate importance of financial considerations in economic decisions, has been a defining feature of the economic history of the last twenty-five years. The wave of deregulation that accompanied the neoliberal agenda in the US, aided by the dominance of US dollar and American economy, has resulted in the globalisation of finance. This book examines the rise of financialisation globally, while charting its drawbacks and prescribing suggestions for a definitive overhaul of the structure. Bringing together various strands of the latest research and evidence generated in recent years, empirical analysis, and views of reputed experts in the field, it presents a counter-point to the canonical ideas of analysing financial market dynamics and financial globalisation. It proposes a revision of the current monetary policy paradigm to correct its excessive focus on equity markets and their 'wealth effect', embrace a more symmetric response to the economic cycle, and a mandate to focus on financial stability as much as price stability.
Just a Mercenary?
At the start of his career as sub-collector of Parvathipuram sub-division in north-coastal Andhra Pradesh way back in 1974, Subbarao learnt—the hard way—that tribal development requires more than enthusiasm; it requires, most of all, an understanding of poverty. Nearly forty years later, in 2013, as the governor of the Reserve Bank of India in the midst of a fierce exchange rate crisis, Subbarao learnt—once again the hard way—the harsh challenges of emerging economies in an unequal world. Bookended by these assignments is the remarkable journey of a small-town boy from a modest background to the top echelons of India’s civil service and then on to the helm of the country’s centra...
Accelerating India's Development
Seventy-five years after Independence, India has much to be proud of. We are both the world’s biggest democracy and fastest-growing large economy. Yet, we face profound challenges that hinder both individual well-being and aggregate growth, including education and skills, health and nutrition, public safety, justice, social protection, and jobs. This seminal book systematically analyses India’s governance challenges, especially in delivering essential public services, and highlights how these are limiting India’s development. Drawing on a wealth of research and practical insights, it provides actionable, evidence-based strategies, emphasizing state-level reforms as critical for India...
Financial Globalisation
Examines the rise of financialisation globally, charting drawbacks and prescribing suggestions for a definitive overhaul of the structure.
Unrivaled
No detailed description available for "Unrivaled".
The Neoliberal Imagination in Contemporary Literature
This book examines the relationship between empathy and neoliberalism as it unfolded in the aftermath of the 2008 financial crisis and through the turbulent 2010s. Via close readings of contemporary novels, as well as various non-fictional texts, it traces the changing approaches to empathy in the post-financial-crisis imagination, highlighting a crucial re-conceptualization of empathy as a boundaryless force, untethered to local or social circumstance. This reconceptualization implicitly aligns empathy with the neoliberal ethos of globalism and distances it from the traditional notion of “sympathy.” Via complex dialogue with the novelistic tradition of sympathy, contemporary novelists highlight the problematics of boundaryless empathy, while exploring ways to resist neoliberal views and values. Analyzing engagements with empathy in post-2008 literature and culture, the book sheds light on the underlying affective dynamics that enabled the persistence of neoliberalism after the 2008 financial crisis, alongside efforts to challenge its dominance.
State Capability in India
The deficiencies in the capability of the state to design and implement effective policies are arguably the biggest development challenge facing developing countries like India. This book seeks to assess state capability in India, identify weaknesses in policy design and programme implementation, and their causes, and propose some measures to remedy them. Importantly, it does so while recognizing political economy constraints and focusing predominantly on the administrative contributors. To this extent, the book's suggestions are practical enough for adoption by stakeholders at different levels. It describes the institutional design, constitutional provisions, the organizational structure, a...
Randomized Control Trials in the Field of Development
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Academic and offered as a free PDF download from OUP and selected open access locations. In October 2019, Abhijit Banerjee, Esther Duflo, and Michael Kremer jointly won the 51st Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel "for their experimental approach to alleviating global poverty." But what is the exact scope of their experimental method, known as randomized control trials (RCTs)? Which sorts of questions are RCTs able to address and which do they fail to answer? The first of its kind, Randomized Control Trials in the Field of Developm...
The Oxford Handbook of Program Design and Implementation Evaluation
"This handbook brings together evaluation approaches relevant across the program life cycle, starting from program design, to implementation, and ultimately to the scaling up of successful interventions. It fills a gap in available publications, which are predominantly focused on impact evaluations and inadequately grounded in methods that can address why programs succeed or fail as well as their potential to contribute to broader and more systemic change. This chapter starts by setting the context and describes key questions relevant to each stage of the program lifecycle. The second section highlights four cross-cutting consideration that social programs today must confront including: (1) ensuring culturally responsive and equitable evaluations, (2) the decolonization of evaluation practices, (3) adapting to the COVID-19 pandemic and other global health crises, and (4) understanding the impact of climate change on social programs. The last section describes how this handbook can be used and highlights relevant evaluation topics and case studies covered in each section of the handbook"--
INDIAN POLITICS
Designed as a standard text for undergraduate and postgraduate students of Political Science and also for the aspirants of Civil Services Examinations, the third edition of the book provides a thoroughly updated account of Indian politics, taking into consideration the Indian constitutional foundations and functioning of the various democratic institutions. It gives a holistic view of the political system of India that includes the State, Government (both central and state governments), the market, and the civil society, including infrastructures like the party systems in the nation and the states that are partly in the civil society and partly in the state. NEW TO THIS EDITION • All new d...
