Persistent And Emerging Challenges To Development

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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 tomorrow’s theorisation and policy making. The volume looks at important questions like spatial concentration of low infant and child health outcomes, trade liberalisation and export quality, intergenerational occupational mobility, multidimensional poverty incidence in rural India, robustness of the banking sector, to name a few. To do so, the contributions use novel and esoteric methods like machine learning, spatial econometrics, system GMM, quintile regression and counterfactual decomposition (QRCD), and so on. The rich collection holds importance for researchers and policy makers alike, and also for practitioners working in different developmental sectors..
Contradictions of Democracy, Development and Inequality

Identity politics has widened representation for the marginalised groups in democracies, while neoliberalism has deepened inequality. This volume finds answers to the paradox of widening representation and worsening inequality especially in India exploring the themes of development and identity in recent times. Inspired by Caesar Basu’s works as a political thinker, this volume weaves in economic concerns with the socio-cultural aspects of identity and contends that representation is not sufficient. Further, it highlights the importance of reinstating redistribution to serve both democracy and development. It looks at neoliberal policies and how they maximise negative liberty by focussing on the individual thereby obliterating the question of the social location of individuals. The contributors to this volume investigate these issues through the lens of religion, gender, caste, and raise interdisciplinary questions concerning ecological conditions of labour, the institution of democracy and capitalist regimes, linkages among multiple sectors of the Indian economy, devaluation of women’s work in the care economy, material distribution of resources, and liberty and civil rights. This book creates a much-needed conversation between the study of development through the economic perspective and the cultural or political sociology perspective. It will be of interest to students and researchers of politics especially identity politics, economics, sociology and social justice, development studies, and social geography.
Asia-Pacific Security Challenges

This edited book examines the contemporary regional security concerns in the Asia-Pacific recognizing the ‘Butterfly effect’, the concept that small causes can have large effects: ‘the flap of a butterfly’s wings can cause a typhoon halfway around the world’. For many Asia-Pacific states, domestic security challenges are at least as important as external security considerations. Recent events (both natural disasters and man-made disasters) have pointed to the inherent physical, economic, social and political vulnerabilities that exist in the region. Both black swan events and persistent threats to security characterize the challenges within the Asia-Pacific region. Transnational security challenges such as global climate change, environmental degradation, pandemics, energy security, supply chain security, resource scarcity, terrorism and organized crime are shaping the security landscape regionally and globally. The significance of emerging transnational security challenges in the Asia-Pacific Region impact globally and conversely, security developments in those other regions affect the Asia-Pacific region.