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Globalisation, corporate strategies, and performance of Indian industries: some grey areas that call for regulatory attention

P. L. Beena
Journal of Social discourse, 3(1): 94-119, 2016

Abstract: The proponents of liberalization policy had argued that he protectionist strategies as part of import-substitution or inward looking industrialisation have made Indian industry less efficient and suggested for adopting outward looking industrialisation strategies especially after 1990s. As against the claims that export-led industrialisation could bring dynamic competition, more diversified industrial sector, efficient growth in output, employment, FDI, enhanced foreign exchange earnings, what have been the economic outcomes of these policies on the ground? The paper argues that the performance of Indian economy since 1990s with respect to the industrialisation objective has not been satisfactory. One basic exclusion under neo-liberal reforms is that the growth experience has been largely ‘jobless’. Discontinuity in the domestic regulatory regime, the new trade regime, financial liberalization, agreement on Trade Related Intellectual Property Rights (TRIPs) and Trade Related Investment Measures (TRIMs) under WTO regime, desire to gain access to international brand names, Global production networks and technology has also facilitated many mergers and acquisitions including overseas acquisitions. The paper argues for putting reasonable limits on the moves by Indian corporate houses for external financing abroad.

Courtesy : JSD

American Economic Review Vol. 106 No. 5 May 2016

Contents

Restoring Rational Choice: The Challenge of Consumer Financial Regulation by John Y. Campbell

The United States Economy: Where To from Here?
Critiquing Robert J. Gordon’s The Rise and Fall of American Growth
Infrastructure and Development
Productivity, Regulation, and Allocation: Macro, Industry- and Firm-Level Evidence
Predictive Cities
Digitization and Innovation
Private Data
Labor Markets with Occupational Licensing: Their Economic Effects
The Design and Use of Patents
New Developments in Firm Dynamics in Understanding Business Dynamism
Attitudes, Markets, and Oligarchs in Russia
The Economics of Gender
Gender in Corporation Management
Gender Gaps in Childhood: Skills, Behavior, and Labor Market Preparedness
Evidence from Lab and Field Experiments on Discrimination
Public Economics
Education, Earnings, and Redistribution
Research in Economic Education: Efficacy of Interventions in Economic Education
Value-Added Models: New Methods and Applications
Identity Economics 2016
Unfamiliar Psychologies: Applications of Behavioral Science Not Commonly Used in Economics
60 Million Refugees

Cambridge Journal of Economics, Volume 40 Issue 3 May 2016

Articles

Challenge, Volume 59, Issue 3, 2016

Articles

Can We Develop Enough Skills for a Robust Manufacturing Industry? by Robert I. Lerman

 The Triple Challenge for Europe: The Economy, Climate Change, and Governance  by Jan Fagerberg, Staffan Laestadius & Ben R. Martin

“Keep It in the Ground.” The Paris Agreement and the Renewal of the Energy Economy: Toward an Alternative Future for Globalized Resource Policy? by Roland Benedikter, Kjell Kühne, Ariane Benedikter & Giovanni Atzeni

Back to the Future of Economics by James Cicarelli & Andy Kubis

The Second Ukrainian Transition: From Oligarch Economy to a Sustainable Development Model by Pasquale Tridico & Iryna Zhak
URL : http://www.tandfonline.com/toc/mcha20/59/3

Courtesy : T&F

Food Policy, Volume 62; July 2016

Contents

Good governance? Perceptions of accountability, transparency and effectiveness in Irish food risk governance

by Laura Devaney

Explaining the performance of contract farming in Ghana: The role of self-efficacy and social capital by David Wuepper, Johannes Sauer

Impact of agricultural interventions on the nutritional status in South Asia: A review by Vijay Laxmi Pandey, S. Mahendra Dev, Usha Jayachandran

School meals and pupil satisfaction. Evidence from Italian primary schools by Ornella Wanda Maietta, Maria Teresa Gorgitano

Changes in U.S. consumer response to food safety recalls in the shadow of a BSE scare by Mykel Taylor, H. Allen Klaiber, Fred Kuchler

Modifying agricultural export taxes to make them less market-distorting by William M. Liefert, Paul C. Westcott

The framing of innovation among European research funding actors: Assessing the potential for ‘responsible  research and innovation’ in the food and health domain by Shumaisa S. Khan, Lada Timotijevic, Rachel Newton, Daniela Coutinho, José Luis Llerena, Santiago Ortega, Ludger Benighaus, Christian Hofmaier, Zamira Xhaferri, Alie de Boer, Christine Urban, Michael Strähle, Lara Da Pos, Federico Neresini, Monique M. Raats, Klaus Hadwiger

Political economy of child nutrition policy: A qualitative study of India’s Integrated Child Development Services (ICDS) scheme by Yarlini Balarajan, Michael R. Reich

Time preferences and food choices: Evidence from a choice experiment by Elisa De Marchi, Vincenzina Caputo, Rodolfo M. Nayga Jr., Alessandro Banterle

Impact of contracts in high yielding varieties seed production on profits and yield: The case of Nepal by Ashok K. Mishra, Anjani Kumar, Pramod K. Joshi, Alwin D’souza

Quantifying the economic contribution of wild food harvests to rural livelihoods: A global-comparative analysis by Gordon M. Hickey, Mariève Pouliot, Carsten Smith-Hall, Sven Wunder, Martin R. Nielsen

Information, branding, certification, and consumer willingness to pay for high-iron pearl millet: Evidence from experimental auctions in Maharashtra, India by Abhijit Banerji, Ekin Birol, Bhushana Karandikar, Jeevant Rampal

How do export controls affect price transmission and volatility spillovers in the Ukrainian wheat and flour markets?

by Henry An, Feng Qiu, Yanan Zheng

Fear of climate change consequences and predictors of intentions to alter meat consumption by Erik Hunter, Elin Röös

URL : http://www.sciencedirect.com/science/journal/03069192/62

Courtesy : Elsevier

Cambridge Journal of Economics, Volume 39 Issue 6 November 2015

Articles

Perspectives on the contributions of Richard Goodwin by K. Vela Velupillai

Richard Goodwin at Peterhouse by Chris Calladine

Goodwin in Siena: economist, social philosopher and artist by Serena Sordi

A couple of thoughts about the matrix multiplier: Richard Goodwin at 10 × 10 by Robert Solow

On Richard Goodwin’s Elementary Economics from the Higher Standpoint by Guglielmo Chiodi

Iteration, tâtonnement, computation and economic dynamics by K. Vela Velupillai

Fusing indissolubly the cycle and the trend: Richard Goodwin’s profound insight by G. C. Harcourt

Goodwin on the optimal growth path for a developing economy by Prabhat Patnaik

Richard Goodwin’s recruitment of non-linearity into a monolithic scientific community: an homage by Otto E. Rössler

Goodwin’s MKS system: a baseline macro model by Peter Flaschel

Dynamical coupling, the non-linear accelerator and the persistence of business cycles by Stefano Zambelli

The Tobin tax in a continuous-time non-linear dynamic model of the exchange rate by Giancarlo Gandolfo

The Goodwin growth cycle model as solution to a variational problem by Gerhard Michael Ambrosi

Economic Journal, Volume 126, Issue 593; June 2016

ARTICLES

Trust and the Welfare State: the Twin Peaks Curve⇒ Yann Algan, Pierre Cahuc and Marc Sangnier

Regulation via the Polluter-pays Principle⇒ Stefan Ambec and Lars Ehlers

The Effect of Local Area Crime on Mental Health⇒ Christian Dustmann and Francesco Fasani

The Need for Enemies⇒ Leopoldo Fergusson, James A. Robinson, Ragnar Torvik and Juan F. Vargas

Mathematics and Gender: Heterogeneity in Causes and Consequences⇒ Juanna Schrøter Joensen and Helena Skyt Nielsen

Classroom Grade Composition and Pupil Achievement⇒ Edwin Leuven and Marte Rønning

A Theory of Political Entrenchment⇒ Gilles Saint-Paul, Davide Ticchi and Andrea Vindigni

The Engine Immobiliser: A Non-starter for Car Thieves⇒ Jan C. van Ours and Ben Vollaard

Economic Development and Cultural Change, Volume 64, Number 4; July 2016

Contents
Ethnic Inequality: Theory and Evidence from Formal Education in Nigeria by Pritha Dev, Blessing U. Mberu, Roland Pongou
Altruism, Cooperation, and Efficiency: Agricultural Production in Polygynous Households by Richard Akresh, Joyce J. Chen, Charity T. Moore
Can Subjective Questions on Economic Welfare Be Trusted? by Martin Ravallion, Kristen Himelein, Kathleen Beegle
The Challenge of Measuring Hunger through Survey by Joachim De Weerdt, Kathleen Beegle, Jed Friedman, John Gibson
Do Education and Health Conditions Matter in a Large Cash Transfer? Evidence from a Honduran Experiment by Fiorella Benedetti, Pablo Ibarrarán, Patrick J. McEwan
Industry Clustering and Financial Constraints: A Reinterpretation Based on Fixed Asset Liquidation by Rui Mao

URL : http://www.journals.uchicago.edu/toc/edcc/current

Courtesy : UCP

Land-based Financing in Metropolitan Cities in India: The Case of Hyderabad and Mumbai

Sahil Gandhi and Vidyadhar K. Phatak2

Urbanisation May 2016 vol. 1 no. 1

Major cities in developing countries face infrastructure shortage and inadequate financial outlays to overcome it. One way to raise finances is by leveraging the increasing urban land values using different mechanisms. This article studies the experience of land-based financing in the metropolitan cities of Hyderabad and Mumbai in India. It assesses the performance of various mechanisms implemented by the principal urban local bodies and development authorities in these cities by examining their design, collections and utilisation of revenues from land-based financing mechanisms for infrastructure provision. It finds that although land-based financing contributes substantially to revenues of public bodies, there are issues regarding efficacy of design and legal validity that need to be addressed to make it sustainable. Further, the article finds that to a certain extent, some of the public organisations use revenues from land-based financing for capital expenditure.

URL: http://urb.sagepub.com/content/1/1/31.abstract

Courtesy: Sage

The Extent, Nature and Distribution of Child Poverty in India

David Gordon and Shailen Nandy

Indian Journal of Human Development July 25, 2016

Despite a long history, research on poverty has only relatively recently examined the issue of child poverty as a distinct topic of concern. This article examines how child poverty and well-being are now conceptualized, defined and measured, and presents a portrait of child poverty in India by social and cultural groups, and by geographic area. In December 2006, the UN General Assembly adopted a definition of child poverty which noted that children living in poverty were deprived of (among other things) nutrition, water and sanitation facilities, access to basic health care services, shelter and education. The definition noted that while poverty hurts every human being ‘it is most threatening and harmful to children, leaving them unable to enjoy their rights, to reach their full potential and to participate as full members of the society’.

Researchers have developed age-specific and gender-sensitive indicators of deprivation which conform to the UN definition of child poverty and which can be used to examine the extent and nature of child poverty in low and middle-income countries. These new methods have ‘transformed the way UNICEF and many of its partners both understood and measured the poverty suffered by children’ (UNICEF, 2009). This article uses these methods and presents results of child poverty in India based on nationally representative household survey data for India.

URL: http://jhd.sagepub.com/content/early/2016/07/25/0973703016654561.abstract

Courtesy: Sage