How Feasible is a Rural Employment Guarantee? Jayati Ghosh and C.P. Chandrasekhar

There is no need to defend a rural employment guarantee scheme against those who perversely welcome "dream budgets" with tax concessions as progressive and market-friendly, while illegitimately dismissing an employment guarantee scheme that is targeted at increasing capital formation and productivity in rural India. Rural_Employment_Guarantee  (Download the full text in PDF format)

US Economic Recovery and the Unemployment Drag Sukanya Bose

The recent recession in the US economy has produced one of the longest lasting declines in employment growth.  The paper examines why the substantial increases in government military spending have been insufficient in stimulating a revival of employment. The reasons for the low responsiveness of private business spending and hence employment are then explored. US_Economic_Recovery (Download the full text in PDF format)

Informalisation and Women’s Workforce Participation: A consideration of recent trends in Asia Jayati Ghosh

The process of feminisation of export employment that has occurred in developing Asia since the early 1980s and which peaked in the early 1990s, has since begun to recede. External competitive pressures are creating tendencies for more exploitative and volatile use of all labour, including women’s labour. This paper argues that these trends have to be counteracted with pro-active countercyclical government spending policies. informalisation (Download the full text in PDF format)

Information and Communication Technologies for a Better World? Rajkishan

The first phase of the World Summit on the Information Society [WSIS] took place in Geneva, Switzerland from 10-12 December, 2003. The second phase will take place in Tunis, Tunisia, from 16 to18 November 2005. In Geneva, over 54 Heads of State, Prime Ministers, Presidents, Vice-Presidents and 83 ministers and vice-ministers from 176 countries, Executive Heads of United Nations agencies, industry leaders [private sector], NGOs, media representatives and civil society came together for the first multi-stakeholder global effort to share and shape the use of ICTs for a better world. The Summit adopted a Declaration of Principles which puts forward…

Rising Market Control of Transnational Agribusiness Amit Thorat

Agriculture around the world is witnessing an unprecedented change. The manner in which food was and is still grown in many parts of the world and made available to the people for consumption is fast changing. The developed world especially is undergoing a structural transformation of its agriculture sector which can best be described as "industrialization of agriculture" and many economists have started referring to this present stage of agricultural development as "food manufacturing". Rising_Market_Controll (Download the full text in PDF format)

The Diffusion of Information Technology and the Implications for Global Development: A perspective based on the Indian Experience C.P. Chandrasekhar

This paper examines India’s experience with the growth of the Information and Communication Technology (ICT) sector and discusses various policy implications for realisation of the potential of this sector. The author argues that unless the State plays a more important role, it will be difficult to meet the challenge that the IT revolution sets for a developing country like India. it_bangalore (Download the full text in PDF format)

Revolution and Counter-Revolution Walden Bello

The political reality of Venezuela hits me as soon as I arrive, like a blast of Caribbean air at midday. A friendly question triggers a torrent of anti-Chavez denunciations from the young professional serving as my driver from the airport that only ends when he deposits me at the Hilton. "We used to be a tolerant country," he claims. "Now Chavez has set the lower class against the middle class, the black people against the whites. Sure, there are a few abusive rich people, but it's not just them he's targeted. It's people like me. You know, middle class people,…

Services and the New Capitalism C.P. Chandrasekhar

Contrary to the “new economy” perspective, which sees in the proliferation of the services sector signs of the progressive transformation of capitalism, the dominant role of services is that of offering a larger economic space in which the process of realization of surpluses generated by monopoly capital is ensured. services_new_capitalism (Download the full text in PDF format)