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cover

Development on Trial

Shrinking Space for the Periphery

Sunanda Sen & Anjan Chakrabarti

₹ 2305

View details

Imprint

Orient BlackSwan

Year of Publishing

2013

Number of pages

468

ISBN

9788125051305

Format

Hardback

Language

English

Dimensions

140 x 216 mm

  • the Book
  • the Author(s)
  • Table of Contents

Developing countries today are subject to a process of transformation, from what could be identified as a developmental State to one where the market emerges as the major driving force in the economy.

Development on Trial analyses the changing links between State policies and corporate structures as the goal of development in these economies weaken, crumble and then fall apart to give way to a steady withdrawal of the State. This goes with the growing and imperious control exercised by big businesses in the process.

The authors unravel the contradictions between the State and the market as has been spelt out in liberal theory. They draw attention to the new pattern usually described as corporate feudalism where corporations replace or co-opt the ruling State in these countries.

This volume has been organised in four sections. The first deals with the State and corporatisation of business. The second section deals with colonial trade patterns, trade, employment and structural changes relating to India and other developing countries during the recent years.

The third section discusses aspects of mobile capital, volatility, and financial exclusion in de-regulated capital markets—issues which have of late been drawing a lot of attention in public debates. The last section studies the dimensions of labour market flexibility in India and in the developing areas in general.

Bringing together essays by well-known economists from India and abroad, this volume is an indispensable read for students and scholars of economics and development studies.

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Sunanda Sen is a former Professor of Economics, Jawaharlal Nehru University, New Delhi.

Anjan Chakrabarti is Professor of Economics, University of Calcutta, Kolkata, West Bengal.

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Tables and Figures

Preface

Publishers’ Acknowledgements

List of Abbreviations

Introduction

I STATE, MARKET AND DEVELOPMENT

1. Lunging Towards Corporate Feudalism
Amiya Kumar Bagchi

2. State, Liberalism and Globalisation
Theotonio Dos Santos

II TRADE REGIMES AND STRUCTURAL CHANGES

3. Imperial Legacy: The Persistence of Colonial Trade Patterns
Aditya Bhattacharjea and Rashmi Banga

4. Trade, Employment and Growth Trajectories in Developing Asia
Jayati Ghosh and C. P. Chandrashekhar

5. Industry and Services in Growth and Structural Change in India since Independence: Some Unexplored Features
Surajit Mazumdar

III FINANCIALISATION AND DEVELOPMENT

6. Capital Flows and the Level of Activity
Prabhat Patnaik

7. Global Finance: On the Move to Stock Market Capitalism
Sunanda Sen

8. Analytical Aspects of Financial Access and Financial Exclusion: Context, Concepts and Graphical Approaches
Gary A. Dymski

9. The Global Crisis and the Remedial Actions: A Non-mainstream Perspective
Sunanda Sen

10. Latin America: Rethinking Financial Dependency
Pierre Salama

IV LABOUR MARKET FLEXIBILITY

11. Globalisation, Labour and the Polanyi Problem, Or the Issue of Counter-hegemony
Ronaldo Munck

12. The Politics and Discourse of Flexicurity in the Age of Globalisation
Rachel Kurian

13. Disinterring the Report of National Commission on Labour: A Marxist Perspective
Anjan Chakrabarti and Byasdeb Dasgupta

14. Recasting Workers’ Rights in the Era of Neo-liberalism: Industrial Restructuring to the Subtleties of Global Inequality
Debdas Banerjee

15. Labour Market Flexibility: An Empirical Inquiry into Neo-liberal Propositions
Atulan Guha

16. When Our Lips Speak ‘Genderlabour’ Together
Anup Dhar and Byasdeb Dasgupta

Notes on the Contributors

Index

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