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Export Quality and Income Distribution
Given the increasing sensitivity of buyers in the richer countries towards quality of goods they consume, low-quality exports largely constrain export-growth of the developing countries. This Element documents the attempts to estimate cross-country quality variations and reviews the demand side and supply side explanations for the low-quality phenomenon. It examines how trade policies can incentivize export-quality upgrading, and discusses the underlying channels through which a reverse causality from export-quality upon within-country income or wage inequality may develop.
The RMB in the Global Economy
This Element discusses the global role of the RMB. After recapitulating its economic and trade growth experiences, we recount China's evolving exchange rate policy in the post-reform era, review the debate over whether the RMB is overvalued or undervalued, present China's policies to globalize the RMB, describe offshore RMB trading, assess the current global status of the RMB, and discuss geopolitical tensions in the last few years. Since 2009, the process of globalizing RMB has not been smooth sailing and progressed quite unevenly over time. Despite the strong performance in the early 2010s, the RMB is under-represented in the global market and its global role does not match China's economic might. The path of RMB internationalization is affected by both China's economic performance and geopolitical factors.
Virtual Trade in a Changing World
Virtual economic transactions have radically transformed the way we think about trade and markets in closed and open economies. Continuous decline in costs of information and communications and setting up of phenomenally large number of virtual platforms have brought in 'Time' as an essential element in the discourse on international trade. This work delves deep into the issue of how Time enters as a major catalyst of international trade and virtual transactions. This changes the way we look at ideas of comparative advantage, factor mobility, growth, income distribution, and allied concepts. A key result is that greater physical distance might encourage trade contrary to what we are accustomed to accept.
Persistent and Emerging Challenges to Development
This book covers a wide range of the issues in development studies. Recognizing the existence of manifold challenges in achieving and sustaining economic development, it is divided into four sections—(i) The Macroeconomy: Foreign Trade, Structural Transition and the Environment, (ii) Health and Standard of Living, (iii) Education, Human Capital and Evolution of the Employment Quality in India, and (iv) Banking and Credit: Access, Efficiency and Stability. The book brings together a right mix of senior and young economists who use cutting edge econometric techniques and/ or revisit a perennial question with much sharper focus and tools to unravel insights that are important and will inform ...
International Economics
Complementing trade theories with relevant trade empirics, this book covers three aspects of the study of International Economics: pure theory of trade, trade policy, and theory of Balance of Payments (BoP) and exchange rate. In the first part, it discusses the basic principles of international trade between dissimilar countries as well as between similar countries, and implications thereof in terms of welfare, income distribution, and growth. The approach taken here is distinctly different from that in most of the existing textbooks on international economics. Instead of model-specific discussions of the basic issues, it discusses the basic principles governing trade, gains from trade, and ...
Research Methodology for Social Sciences
Research Methodology for Social Sciences provides guidelines for designing and conducting evidence-based research in social sciences and interdisciplinary studies using both qualitative and quantitative data. Blending the particularity of different sub-disciplines and interdisciplinary nature of social sciences, this volume: Provides insights on epistemological issues and deliberates on debates over qualitative research methods; Covers different aspects of qualitative research techniques and evidence-based research techniques, including survey design, choice of sample, construction of indices, statistical inferences and data analysis; Discusses concepts, techniques and tools at different sta...
India's Undeclared Emergency: Constitutionalism and the Politics of Resistance
About the Book A SHARP AND NECESSARY ANALYSIS OF THE NATURE OF THE CONSTITUTIONAL CRISIS INDIA FACES TODAY In 1975, the Indira Gandhi government declared Emergency in India, unveiling an era of State excesses, human rights violations, the centralisation of power and the dismantling of democracy. Nearly half a century later, the phrase ‘undeclared emergency’ gathers currency as citizens and analysts struggle to define the nature of India’s present crisis. In Undeclared Emergency, Arvind Narrain presents a devastatingly thorough examination of the nature of this emergency—a systematic attack on the rule of law that hits at the foundation of a democracy, its Constitution. This clear-eye...
The Palgrave Handbook of New Directions in Kashmir Studies
The Palgrave Handbook of New Directions in Kashmir Studies provides a comprehensive, interdisciplinary and transregional perspective on the Kashmir dispute. Spanning South and Central Asia, Kashmir has been at the center of geopolitical conflicts and rivalries among India, Pakistan and China for decades, with members of heterogeneous local communities negotiating the complexities of regional state formations, national power assertions and geopolitical competitions. Taken together, the chapters in this handbook examine diverse people’s struggles to establish processes of democratic accountability in relation to the colonial-era state consolidations, postcolonial military occupations, inters...
Colonizing Kashmir
The Indian government, touted as the world's largest democracy, often repeats that Jammu and Kashmir—its only Muslim-majority state—is "an integral part of India." The region, which is disputed between India and Pakistan, and is considered the world's most militarized zone, has been occupied by India for over seventy-five years. In this book, Hafsa Kanjwal interrogates how Kashmir was made "integral" to India through a study of the decade long rule (1953-1963) of Bakshi Ghulam Mohammad, the second Prime Minister of the State of Jammu and Kashmir. Drawing upon a wide array of bureaucratic documents, propaganda materials, memoirs, literary sources, and oral interviews in English, Urdu, and...
Resisting Occupation in Kashmir
The last decade has been a transformative period in Kashmir, the hotly contested and densely militarized border territory located high in the Himalayan mountains between India and Pakistan. Suppressed and unheard, Kashmiri political aspirations were subordinated to larger geopolitical concerns—by opposing governments laying claim to Kashmir, by security experts promoting bilateral peace settlements in the region, and by academic researchers studying the conflict. But since 2008, Kashmiris who grew up in the midst of armed insurgency and counterinsurgency warfare have been deploying new strategies for challenging India's state and military apparatus and projecting their legal and political ...
