Bøker i India Studies in Business and Economics-serien

This book is an attempt to capture and analyze several idiosyncratic features of industry and labor in the developing world.

This commemorative work in honour of Professor Biswajit Chatterjee-an acclaimed economist, learned scholar and researcher-focuses on contemporary issues in international trade, development economics, and macroeconomics and finance.

Using a mixed-methods approach, this book examines the sustainability of one of the most celebrated forms of social enterprise of our times: Microfinance Institutions (MFIs), with a focus on the Indian microfinance industry.

The proposed book provides an assessment of an important yet controversial policy initiated by the Indian government and governments of several other developing countries.

This book examines the effect of deregulation in the Indian banking sector during the post-reforms years, particularly on cost efficiency and total factor productivity. It's findings offer useful policy directions and suggestions to other developing economies.

This book focuses on the small car segment of India's automotive industry to explain the emergence of lead markets. It questions the conventional wisdom and updates the theory of lead markets to better reflect the changing realities on ground.

Upon the backdrop of impressive progress made by the Indian economy during the last two decades, this book evaluates the performance of the economy on some income and non-income dimensions of development at the national, state and sectoral levels.

This book investigates how strategic marketing is influencing organizations' innovation performance.

This book discusses various dimensions of Indian fiscal federalism, focusing on the current fiscal imbalances - both vertical and horizontal - and their correction.

However, this book shows that in recent years India has emerged as a lead market for frugality-driven innovations that are affordable, robust and successful even outside its geographic boundaries.

This book examines the objectives of public debt management and the re-emerging issue of separating monetary policy formulation from fiscal and debt management.

This volume deals with the role and impact of technology on the economy and society. The papers on corporate dimensions address the impact of patents, determinants of innovative activities, differential behaviour of multinationals, industrial groups and other firms with regard to innovations and technology. In contrast, the papers on social dimensions chiefly deal with the role of technology in reducing inequality. The majority of the papers employ econometric techniques and other statistical methods, and many are based on primary data.The studies emphasise the importance of innovations (especially patents) and human capital in influencing productivity across Indian states, the significance of patenting in determining the efficiency of firms, the role of business groups in promoting innovations, differences in the technological characteristics of multinational and domestic firms, and how mergers and acquisitions can promote R&D.The papers on social dimensions analyse how innovative activities can shape employment, the impact of technology on poverty, the socioeconomic characteristics of mobile phone ownerships, use of information and communications technologies at educational institutions, and the influence of Synchronous Technologies in reducing access to teaching programmes.The studies show that those Indian states that have invested in human capital and technology experienced higher labour productivity. Further, the studies establish a positive correlation between R&D spending and employment. Lastly, they demonstrate that the adoption of agriculture-related technologies can have a significant impact on rural poverty and consumption expenditures.

The book would be of great use to researchers (agricultural water management, irrigation economics), students of water resource engineering, irrigation engineering and water resources management, as well as to policy makers and agricultural water management experts - national and international.

This book examines various facets of the development process such as aid, poverty, caste networks, corruption, and judicial activism. It explores the efficiency of and distributional issues related to agriculture, and the roles of macro models and financial markets, with a special emphasis on bubbles, liquidity traps and experimental markets. The importance of finite changes in trade and development, as well as that of information technology and issues related to energy and ecosystems, including sustainability and vulnerability, are analyzed.The book presents papers that were commissioned for the Silver Jubilee celebrations at the Indira Gandhi Institute of Development Research (IGIDR). The individual contributions address related development problems, ensuring a homogeneous reading experience and providing a thorough synthesis and understanding of the authors¿ research areas. The reader will be introduced to various aspects of development thought by leading and contemporaryresearchers. As such, the book represents an important addition to the literature on economic thought by leading scholars, and will be of great value to graduate students and researchers in the fields of development studies, political economy and economics in general.

Whilst there is tremendous interest in understanding the intricacies of Indian culture and a growing literature focusing on topics such as India-specific management and internationalization strategies of Indian firms, the cultural aspects of Indian businesses have been largely ignored.

Divided into three parts - Rationale and Extent of Agricultural Diversification, Nature and Problems of Agricultural Diversification, and Food and Livelihood Security through Agricultural Diversification, this edited book examines various aspects of agricultural diversification in Eastern India.In recent years, Indian agriculture has been diversifying from cereals to high-value crops and livestock products in accordance with the changing consumption patterns. As such, it faces the challenges of a new economic regime, besides the usual problems of rising population, unemployment and poverty, declining investments in the agriculture sector and degradation of natural resources. These issues are discussed in the book in light of the significant transformation in the economic structure of the Indian economy from agriculture to non-agriculture (industry and services) and changing cropping pattern from cereals to non-cereals, in accordance with the changing consumption pattern. The book would be of interest to teachers, researchers, policymakers, students and general readers having an interest in agricultural development in India.

This book examines the trend and growth of non-banking financial companies (NBFCs), both from balance sheet and regulations view-points. It further investigates the role of NBFCs in furthering financial inclusion, last-mile delivery of credit and their contribution to financial sector. Since the Reserve Bank of India (RBI) formally recognised the NBFCs in India in 1964, they have increased significantly in terms of size, form and types of products and instruments. They have also managed their asset quality better than banks. Traditionally they were dependent on banks for funds, but after the global financial crisis they began to tap the capital market. Concomitantly, the RBI regulations have closed the fault lines and tightened rules. The book assesses whether NBFCs in India should be treated as shadow banks, discusses how to achieve the right amount of regulation and safeguards without unduly stifling the NBFC sector, and studies the funding opportunities and challenges of NBFCs in India. As such, it serves as a basic reference for students in finance, and a valuable tool for professionals such as policymakers and investment analysts and other stakeholders in the finance area.

This book addresses health and healthcare issues in India with a special focus on the Northeast region. In addition to introducing some new questions on health and healthcare development, it presents cross-country analyses, and examines the convergence of healthcare across Indian states, as well as mortality and morbidity in the Northeast.

This book examines the globalisation of technology and innovation in the modern world. Enterprises globalise in several ways, e.g. by exporting, sourcing components and materials from other countries (B2B commerce), outsourcing, licensing their technologies and production, and foreign direct investments (FDI). Transaction costs and location advantages play a crucial role in selecting the best mode of globalisation. A number of important questions - like what are the pull and push factors contributing to FDI, does outward FDI from a developing country like India contribute to participation in international production networks, and does FDI mitigate business cycle co-movements - keep cropping up in the growing body of knowledge on the globalisation of technology. This book addresses these issues, as well as the consequences of FDI - in particular, with regard to technology, productivity, and R&D spillovers. Issues related to innovations, R&D, intra-industry trade, and knowledge management are also discussed.

The book examines the market reaction to mergers and acquisitions (M&A) announcements over a period from 2003 to 2015. In addition, the book investigates the corporate governance practices of the acquiring firms and their impact on the short- term as well as long- term performance of those firms.

They cover important issues such as the crisis of agrarian transition, agrarian markets and distributive justice, employment growth and transition to non-agriculture sectors, fiscal policy, external factors in economic transformation, and perspectives on rejuvenating the state's economy.

The book critically examines the high growth trajectory in India, particularly since the late 1980s, a period which is characterized by increasing inequality. Through various studies from the Indian state of Uttar Pradesh -- a state more populous than Brazil and with a GDP comparable to Bangladesh -- it sheds light on the link between growth and inequality in emerging economies. The slow pace of any upward movement in terms of various development indicators in low-income Indian states is due to a number of factors, including their historical disadvantages. Over a period of time, this has resulted in widening disparities, both between different regions of these states, and between these states and other more prosperous Indian states.The book provides a holistic, yet critical, region-wise analysis of the achievements of Uttar Pradesh compared to other states and to India as a whole, in the context of indicators of inclusive development, namely, growth, employment, poverty, infrastructure, agriculture, industry, education and health. Based on the latest data and sophisticated analysis methods, it assesses inequality and development disparities, clearly identifying three major challenges that poorer states face in redressing poverty and expanding inclusive growth - increasing economic opportunities, empowering poor and marginalised groups to avail new opportunities in a rapidly changing world, and ensuring an effective safety net to reduce vulnerability.The book suggests strategies for promoting high and sustained economic growth, and highlights the significance of broadening social inclusiveness through greater and more rapid access to economic and social opportunities, and building strong social safety nets to protect the chronically poor and mitigate their risks and vulnerabilities with the help of good governance and institutions. With contributions from leading scholars from the region, it is a valuable resource for researchers working in the area of growth and inequality, as well as for policy makers from developing economies around the globe.

It uses the evidence of innovation in the context of skewed or limited livelihood options and multiple knowledge systems to argue that if inclusive innovation is to happen, the actors and the nature of the innovation system need reform.

This book discusses economic development in general and selected public policy issues with a focus on philosophy, Gandhian thoughts and sectoral issues in the Indian context. It presents scholarly contributions on growth and development in India, with particular emphasis on human development in connection with the economy of India and selected developing countries. It brings to the forefront a body of knowledge on philosophy and ethical issues within the domain of public policies relating to development in today¿s world. The book includes contributions from leading economists and covering a range of issues such as the Indian government¿s current ¿Make in Indiä drive, the role of the World Bank, managing educational finances, development and higher education policy, inflation, decentralization, inequality, regional development, and linkages between health, nutrition and education. Accordingly, the book not only offers a useful resource for academics, economists and development practitioners, but also has important implications for public policymaking.

Further, it covers non-traditional subjects such as quality of life, quality of working life, quality assurance and improvement in education, with special reference to higher education, quality in research and development and characterizes the quality-related policies and practices in Indian industry.

This book highlights a number of social sustainability issues at different stages of the supply chain, and demonstrates how these issues can be addressed by adopting social sustainability practices in the manufacturing supply chain.

This book explores ways in which India can negotiate the low carbon path up until 2030, when it is expected to be the largest economy after the US and China.

Based on case studies from Karnataka in South India, the book presents a regional yet integrated multi-disciplinary framework for analysing the persistence, resilience and future of small farmer units.

This book emphasizes the need for experimenting with more deliberate and rigorous policy processes to attain balanced regional development, which can promote both equity and efficiency in India's development discourse.