Poverty Eradication and Democracy in the Developing World

human development, democracy

Management of International Capital Flows: The Indian Experience

In this paper we devise quantitative techniques to analyze the management of foreign capital flows in India over the past three decades. The paper argues that India's overall approach towards liberalization of the capital account can be characterized as gradualist and calibrated, whereby certain agents and flows have been accorded priority in the liberalization process, from the viewpoint of ensuring financial stability. A cross country analysis indicates that the calibrated approach has resulted in India being ranked towards the lower end of the spectrum in terms of capital account openness. We analyze the extant regulations governing different types of foreign capital flow, and highlight the evolution of various types of capital flows over the recent period. To evaluate Indian macroeconomic management in the face of capital flows, we quantify the various policy options under the classic problem of "impossible trinity". We find that India, like other emerging markets, has also been confronted with the various alternatives under "impossible trinity" and has chosen to adopt an intermediate regime, juggling the objectives of monetary independence, exchange rate stability, and an open capital account as per the needs of the economy.Capital Flows; Impossible Trinity; Macroeconomic Management

The "Gender Gap" in India and China: A Comparative Study

This paper provides an in-depth comparison of economic and political decisions as they relate to women of two of the biggest and oldest societies in the world - India and China. Based on long experience with quantitative data, the author also raises questions about how much such data obscures the experience of women.Cet article fait une comparaison detaillee entre les decisons d'ordre economique et les decision d'ordre politique et fait leur lien entre elles et les femmes des deux plus grandes et plus anciennes societes au monde: l'Inde et la Chine. En se basant sur une longue experience et des donnees quantitatives, l'auteure souleve des questions sur la facon dont ces donnees obscurent l'experience des femmes

Co-evolution, opportunity seeking and institutional change: Entrepreneurship and the Indian telecommunications industry 1923-2009

"This is an Author's Original Manuscript of an article submitted for consideration in Business History [copyright Taylor & Francis]; Business History is available online at http://www.tandfonline.com/." 10.1080/00076791.2012.687538In this paper, we demonstrate the importance for entrepreneurship of historical contexts and processes, and the co-evolution of institutions, practices, discourses and cultural norms. Drawing on discourse and institutional theories, we develop a model of the entrepreneurial field, and apply this in analysing the rise to global prominence of the Indian telecommunications industry. We draw on entrepreneurial life histories to show how various discourses and discursive processes ultimately worked to generate change and the creation of new business opportunities. We propose that entrepreneurship involves more than individual acts of business creation, but also implies collective endeavours to shape the future direction of the entrepreneurial field

Living Comparatively: On the Comparisons of India and China in the Works of Kang Youwei and Zhang Taiyan

This paper examines the comparisons between India and China that were advanced by two exiled Chinese intellectuals at the turn of the twentieth-century: Kang Youwei and Zhang Taiyan (Zhang Binglin)

Asia's other giant: recognizing India's role in the post-Cold War world

This thesis illustrates why India should play a more important role in U.S. strategic planning and policy making by demonstrating that India is an established regional power with innate aspirations of becoming a great power. This is accomplished by forecasting India's global role in the twenty-first century using a historical analysis of modern Indian history, and augmented by an indepth analysis of three key indicators of India's great power potential: the issue of Kashmir, the Indian Navy, and the Indian economy. The thesis recommends that the United States acknowledge that India is approaching the threshold of true great power status and plan accordinglyhttp://archive.org/details/asiasothergiantr00pariLieutenant, United States NavyApproved for public release; distribution is unlimited