Challenging Theoretical Hegemonies Arindam Banerjee

Challenging Theoretical Hegemonies Arindam Banerjee

The Handbook of Alternative Theories of Economic Development ed. by Erik Reinert, Jayati Ghosh and Rainer Kattel, Edward Elgar Publishing, UK, 2018, pages: 812 plus xxxvi is a refreshing initiative of creating an engagement with alternative ideas of development that challenges the four-decade long dominant paradigms of mainstream economic theory and development policies. The discipline of economics, and more so development economics, has witnessed a considerable flattening in terms of ideas and imagination during the period of finance-capital driven globalization. The triple crisis of finance, food and fuel that hit the global economy earlier in this century has remarkably exposed…

The Changing Face Of Imperialism: Colonialism To Contemporary Capitalism Edited By : Sunanda Sen And Maria Cristina Marcuzzo

The Changing Face of Imperialism: Colonialism to Contemporary Capitalism Edited by : Sunanda Sen and Maria Cristina Marcuzzo

  • September 27, 2018
  • Books

Publisher: Routledge ISBN: 978-1138543270 Hardback | 338 pages | Price INR 995 ISBN and price applicable in South Asia only About the Book This volume reiterates the relevance of imperialism in the present, as a continuous arrangement, from the early years of empire-colonies to the prevailing pattern of expropriation across the globe. While imperialism as an arrangement of exploitation has sustained over ages, measures deployed to achieve the goals have gone through variations, depending on the network of the prevailing power structure. Providing a historical as well as a conceptual account of imperialism in its ‘classical’ context, this collection brings…

Is Capitalism Obsolete? A Journey Through Alternative Economic Systems Giacomo Corneo  (Book Review By Jayati Ghosh)

Is Capitalism Obsolete? A Journey through Alternative Economic Systems Giacomo Corneo (Book Review by Jayati Ghosh)

  • September 23, 2018
  • Books

Translated by :  Daniel Steuer Publishers : Harvard University Press ISBN :  9780674495289 Book Review by :  Jayati Ghosh It’s fairly obvious to almost everyone now that global capitalism as a system has run out of steam, that it has created unequal societies with unjust outcomes that are increasingly also seen as unacceptable by people across the world, and that it is simply unable to deliver on the aspirations that are created by its votaries. What is wrong with capitalism is now quite well-known, so the question becomes: what economic system would work better, and how can this be brought…

Handbook Of Alternative Theories Of Economic Development Edited By : Erik S. Reinert, Jayati Ghosh And Rainer Kattel

Handbook of Alternative Theories of Economic Development Edited by : Erik S. Reinert, Jayati Ghosh and Rainer Kattel

The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition.   For more click >> Handbook (Download the full text in PDF format)

Moment Of Truth : Tackling Israel-Palestine’s Toughest Questions Edited By: Jamie Stern-Weiner

Moment of Truth : Tackling Israel-Palestine’s Toughest Questions Edited by: Jamie Stern-Weiner

Publisher :  OR Books Paperback ISBN :  978-1-682191-14-9 E-book : 978-1-682191-15-6 About the Book More than a century on from the Balfour Declaration, more than 50 years since the fateful war of 1967, and a full decade into the inhuman siege of Gaza painfully, absurdly, almost unbelievably the Israel-Palestine conflict rolls on. Amidst a growing sense that the Palestinians’ long struggle for self-determination has reached a crossroads, if not an impasse, this volume takes stock, draw lessons from experience, and weigh paths forward. Moment of Truth seeks to clarify what it would take to resolve the Israel-Palestine conflict, to assess the…

Labour Law Reforms In India: All In The Name Of Jobs Anamitra Roychowdhury

Labour Law Reforms in India: All in the Name of Jobs Anamitra Roychowdhury

About the Book Labour market flexibility is one of the most closely debated public policy issues in India. This book provides a theoretical framework to understand the subject, and empirically examines to what extent India’s ‘jobless growth’ may be attributed to labour laws. There is a pervasive view that the country’s low manufacturing base and inability to generate jobs is primarily due to rigid labour laws. Therefore, job creation is sought to be boosted by reforming labour laws. However, the book argues that if labour laws are made flexible, then there are adverse consequences for workers: dismantled job security weakens…

When Things Don’t Fall Apart Global Financial Governance And Developmental Finance In An Age Of Productive Incoherence

When Things Don’t Fall Apart Global Financial Governance and Developmental Finance in an Age of Productive Incoherence

Author: Ilene Grabel Foreword by Dani Rodrik Publisher: The MIT Press ISBN: 9780262037259 About the Book In When Things Don’t Fall Apart, Ilene Grabel challenges the dominant view that the global financial crisis had little effect on global financial governance and developmental finance. Most observers discount all but grand, systemic ruptures in institutions and policy. Grabel argues instead that the global crisis induced inconsistent and ad hoc discontinuities in global financial governance and developmental finance that are now having profound effects on emerging market and developing economies. Grabel’s chief normative claim is that the resulting incoherence in global financial governance…

Playing With Fire : Deepened Financial Integration And Changing Vulnerabilities Of The Global South Author: Yilmaz Akyuz  (Book Review By Andrew Cornford)

Playing with Fire : Deepened financial integration and changing vulnerabilities of the global south Author: Yilmaz Akyuz (Book Review by Andrew Cornford)

Publisher: Oxford University Press ISBN: 9780198797173 About the Book Starting in the early 1990s many emerging and developing economies (EDEs) liberalized their capital accounts, allowing greater freedom for international lenders and investors to enter their markets as well as for their residents to borrow and invest in international financial markets. Despite recurrent crises, liberalization has continued and in fact accelerated in the new millennium. Integration has been greatly facilitated by progressively looser monetary policy in the United States, notably the policies that culminated in debt crises in the United States and Europe and the ultra-easy monetary policy adopted in response.…

Indian Banking: Current Challenges & Alternatives For The Future C.P. Chandrasekhar And Jayati Ghosh

Indian Banking: Current challenges & alternatives for the future C.P. Chandrasekhar and Jayati Ghosh

Published by : AIBOC About the Book Indian banking today is at a tipping point. Banks are burdened with non-performing assets, incurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after nationalization; or they could be allowed to weaken further, only to be swallowed up by large domestic and private players at bargain prices.…

Karl Marx’s ‘Capital’ And The Present: Four Essays Author: C.P. Chandrasekhar

Karl Marx’s ‘Capital’ and the Present: Four Essays Author: C.P. Chandrasekhar

  • December 30, 2017
  • Books

Foreword: Prabhat Patnaik Publisher: Tulika Books ISBN: 9788193401569 About the Book Capitalism has been hugely transformed in the 150 years since the publication of the first German edition of Capital, especially with the rise to dominance of finance and the overwhelming presence of financial wealth. The essays in this book, originally delivered as four public lectures, revisit Karl Marx's Capital today, to use his characterization of the essential features of capitalism and his analysis of its laws of motion as a point of departure to understand the nature of contemporary capitalism and its dynamic. They also examine the factors determining…