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The Political Economy of Globalized
India

The Political Economy of Globalized India

Preface 
List of Figures and Tables 
Notes on Contributors 
 
1 Introduction: Mapping the Globalized Indian Economy 
 Paramjit Singh and Balwinder Singh Tiwana 
 
2 Revisiting the ‘Drain,’ or Transfers from India to Britain in the Context of the Global Diffusion of Capitalism 
 Utsa Patnaik 
 
3 The Indian Economy under Neo-liberalism 
 Prabhat Patnaik 
 
4 Who Gains from Agricultural “Reform”? Understanding the 2020 Farm Laws and Protests 
 C.P. Chandrasekhar 
 
5 The Incomplete Transition: Stunted Industrialization and the Historical Development of India’s Big Business Class 
 Surajit Mazumdar 
 
6 Economic and Ecological Implications of Industrial Restructuring in Globalized India 
 Ashman Bajwa and Paramjit Singh 
 
7 Political Economy of Social Democracy in Globalizing India 
 Ronki Ram 
 
8 The Debate over Falling Women’s Labor Force Participation in the 2000s: Reproductive Labor as the Missing Element 
 Sirisha C. Naidu and Smriti Rao 
 
9 Social Need in Anti-capitalist Critique and Postcapitalist Transformation: Reflections on Indian Economy 
 Aryaman Roy and Anjan Chakrabarti 
 
10 India in the BRICS (+): De-dollarization and the Quest for a Multipolar Order 
 Paramjit Singh and V. Upadhyay 
 
Index

Harriman House Essentials

How To Live An Extraordinary Life

Realising that the need for conservation of the Outstanding Universal Values (OUVs) of World Heritage Sites still remains much more dominant than a holistic approach towards the wider social, economic and environmental implications, the book "World Heritage and Sustainable Development" aims to examine and propose ways in which sustainable cultural development can become an integral part of successful conservation and management within the context of World Heritage Sites (WHSs). In order to do so, thematic chapters concentrating on issues of building conservation, climate change and human development within the context of World Heritage Sites (WHSs) will be included.

World Heritage and Sustainable Development

Banking, Money and International Finance

The emergence of financial technologies has unlocked a myriad of possibilities for reshaping governance systems, from the grassroots level of micro-governance to the broader scope of national and transnational governance. This book thoroughly examines the significant impact of cutting-edge financial technology on enhancing worldwide access to financial services. In an era marked by persistent governance challenges, it highlights the transformative potential of AI-driven solutions in fostering more equitable economic participation. Overcoming traditional banking barriers to serve underserved and unbanked communities, the book investigates the fourth wave of fintech innovation depicted by AI, blockchain technologies and decentralized systems. The book begins by presenting the fundamentals of digital innovation, particularly emphasising the transformative role of AI-powered financial tools in improving banking experiences for various global communities. It emphasizes the role of digital payment platforms in bridging the gap between urban and rural populations, as well as the way blockchain technology and smart contracts are setting new benchmarks for transaction security and transparency. Its primary focus is on the strategies for overcoming financial exclusion. Cybersecurity compliance, ethical AI, data governance, and regulatory coordination are considered essential for creating trustworthy digital financial systems. Additionally, it thoroughly examines the alternative credit scoring methods that use non-traditional data to transform lending and presents the opportunities and challenges that will shape the future of finance, with a particular emphasis on central bank digital currencies (CBDCs), sustainable blockchain solutions, and artificial intelligence collaborations. For scholars, researchers and policymakers working to create a more accessible and sustainable financial future, the book offers a thorough overview of the state of inclusive fintech today and a predictive outlook on how technology can promote global economic equity.

Financial Innovation for Inclusive and Equitable Digital Economies

Urban Freight Transportation Management and Planning: Practice and Theory provides the reader with a solid understanding of the role of urban freight activity on metropolitan economies, the externalities produced by freight activity, and effective public sector initiatives to mitigate or eliminate altogether negative externalities. This book addresses key topics related to urban freight and solutions for key challenges from a practitioner perspective. The authors systematically and pedagogically provide key and easy-to-digest information on a range of topics, including local economies and the role of supply chains and freight activity; technical procedures to estimate freight generation and freight trip generation; technical details about the wide range of initiatives that could address freight issues; and effective urban freight management and planning process (including both transportation and land-use). They also discuss simplified techniques to model and understand freight activity to support decision-making, and they incorporate key elements of sustainability and technology in different sections to provide an up-to-date view on how these relevant topics affect and are affected by urban freight. This book is a valuable resource for practitioners as well as researchers and graduate students interested in gaining a thorough understanding of the realities of urban freight systems, supply chains, and urban freight management, policy, and planning.

Practice and Theory

Urban Freight Transportation Management and Planning

This book highlights the potential of AI to transform Africa's food systems that are in crisis and make them serve as the regional basis for socio-economic development.Underpinned by sustainability, sociological, and political economy approaches, this multidisciplinary book shows that AI integration can help respond to the diverse bottlenecks within regional food systems, including limited access to financing and technology, high post-harvest losses, and, in some regions, conflict. The book comprises the voices of different scholars on how AI can be harnessed to transform food systems towards a sustainable direction. It also comprises conceptual, theoretical, and empirical contributions that provide foundational insights into the underpinnings of AI in African food systems, their challenges and opportunities for development, resilience, recovery following shocks, and prospects for sustainable transformation using AI-driven solutions.The book is written for academic and policy readers, as well as those interested in food security. It also offers valuable insights for courses on food politics, food systems, agroecology, and sustainable development.

Continental Perspectives on Transformation

Artificial Intelligence in African Agriculture

This book provides a novel judicial framework for receiving and considering religious and cultural claims in shaping human rights in constitutional secular democracies. It does this through an extended case study of the Indian constitutional jurisprudence. Abortion and surrogacy, LGBTQ + rights, sex work and euthanasia are arguably the most controversial human rights issues of our time. They all invite passionate religious and cultural debate but are not themselves religious or cultural rights issues. Instead, they pose a fundamental constitutional question: How far can religion and culture go in shaping general human rights in secular constitutional democracies? Moving beyond the logic of individual rights, this book provides an integrated and holistic approach to answering this classic question of constitutional law. To do this, it proposes an innovative empirically backed normative-theoretical framework which synthesises insights from cultural psychoanalysis, feminist legal scholarship, socio-legal method, constitutional law, evidence law, and political theory. It looks at a unique constellation of cases belonging to eight different human rights themes covering the period since India's independence in 1947 and systematically analyses the religious and cultural claims made in those cases. It finds that in India, a more holistic approach to answering our classic constitutional puzzle requires a simultaneous consideration of three different theories: A theory of constitutional interpretation which formulates restrictions on a judge considering religious and cultural claims in fundamental rights cases; A theory of judicial notice which determines when such claims can be admitted without proof; A theory of secularism and public reason which argues that the claims must be given weight in the final decision only if they match defensible conceptions of constitutional values. The book develops these theories and applies them to the Indian cases, providing an innovative approach to an age-old question.

With God as our Witness

Religion, Culture, and Human Rights in India

Why Big Labor moved to the right— and the fight ahead for the left to win back America’s working class Unions helped construct the American middle class, defeat Jim Crow, and advance progressive rights, but in Trump’s America, the labor movement is changing. In Big Labor's Big Shift, journalist Nathan Bomey explores how Big Labor and the working class are no longer an automatic ally of the American left. Fueled by decades of economic decline, political disillusionment, and cultural disenfranchisement, new politically nebulous and economically populist leaders in the movement are building a powerful new movement based on class warfare that prizes wage and benefit gains over traditional progressive priorities. Through original reporting and first-hand interviews, Bomey traces key events that have led to this political shift. Bomey reveals: -At the Teamsters, president Sean O’Brien is cozying up to Donald Trump and blasting Democrats as tools of big business, even showing up at the Republican National Convention to deliver his message. -At the United Auto Workers, president Shawn Fain is seizing an opportunity to break the free trade consensus in Washington. The devout Christian, who wields religious rhetoric from the stump, is aligning with the Trump White House on tariffs and blasting Democrats for aggressively pursuing electric vehicles to fight climate change. Bomey shows how the two interconnected phenomena represent a massive political realignment—not just along cultural and nationalism lines, but of the working class itself away from its historic roots in the Democratic party. Urgent and compelling, Big Labor's Big Shift encapsulates the fight for the soul of the union movement.

The Political Economy of Globalized India

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