Disempowering the People
Dec 23rd 2024, Prabhat Patnaik
The aim of all fascistic governments is to disempower the people; and the Modi government is no exception. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) which promised one member in every rural household a maximum of 100 days of employment per year was a demand-driven scheme.
The Hegemony of the Dollar
Dec 16th 2024, Prabhat Patnaik
Kliberal opinion holds that the international monetary and financial system is a device for promoting the interests of all participating countries by providing a convenient payments arrangement within which trade can be carried on.
What does "Global Growth" actually Mean?
Dec 10th 2024. C.P. Chandrasekhar and Jayati Ghosh
Looking at aggregate global economic growth obscures important changes in the world economy, especially if these are analysed using actual market exchange rates. The recent period has seen a reassertion of the western countries as major drivers of global growth, and a relative decline of Asia.
The COP29 Collapse
Nov 26th 2024. C.P. Chandrasekhar and Jayati Ghosh
The collapse of COP29, slated as a climate finance summit, should come as no surprise. Developed countries had shown in multiple ways that when it comes to the crunch they would walk away.
Jayati Ghosh: Rebalancing power
Dec 10th 2024.
The renowned development economist, Jayati Ghosh, offers an eye-opening perspective on the different facets of inequality and the need for systemic change to address them, bringing together her interests in international trade and finance, employment patterns in developing countries, as well as issues related to gender and development.
Budget 2024-25

The Function of Neoliberal Budgets

Aug 5th 2024, C.P. Chandrasekhar

With the short-term, frenzied interest that accompanies annual budget presentations in India having ended, it is time to raise issues that were largely ignored in the debate.

Budget 2024-25: A frightening obduracy

Jul 29th 2024, Prabhat Patnaik

There is massive unemployment in the country that especially afflicts the youth; there is a huge and persistent inflation in food prices; there is acute and unprecedented rural distress; there is a crisis in the petty production sector; and income and wealth inequality has reached levels where the whole world is talking about it.

Union Budget 2024-25 — No signs of learning

Jul 24th 2024, C.P. Chandrasekhar

The mismatch between the problem at hand and what the Budget offers is stark be it welfare or even taking care of key political allies.

Young Scholars Conference Political Economy of Contemporary South Asia
October 13-14, 2023 | Berkeley, United States
Jun 14th 2023.
Our key theme is the political economy of contemporary South Asia. At the core of these transformations are the fraught and so-called "truncated transition," where South Asian societies are not making the transition from farm to factory, but the rise of informal economies, industrial clusters, in-between agrarian-urban and peri-urban spaces force us to rethink familiar transition narratives and to eschew them in favour of more grounded theories.
 

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