Books in the India Studies in Business and Economics series

This book discusses the Indian economic crisis and brings out what went wrong and the correction necessary for getting the economy back to high growth trajectory, leading to economic transformation. To do so, the book covers trends in performance of Indian economy since the Global Financial Crisis to the COVID-19 effect, bringing out factors that have determined the same.The book questions the approach to macroeconomic policy of both the RBI and the government and brings out what it takes for macroeconomic policy to be supportive of high growth. It contains revealing contrasts with East Asia and China, although India has the same potential to grow with an expansion of manufacturing. Overall, it argues that macroeconomic policies (as much as structural, industrial, and trade policies) have been deficient and even good initiatives on the industrial policy and trade flounder for the lack of a strategic approach to macroeconomics. The book highlights the special opportunities present in an emerging economy with vast under and utilised labour and the macroeconomic policy initiatives that can take advantage of this key feature.It covers the macroeconomic data on growth using multiple indicators, then the external shocks and the internal policy measures/responses; besides, GVA/GDP, credit, exports, external transactions, interest and policy rates, yields, exchange rates,  money, capital flows, indices of industrial sector, price indices and inflation, government expenditures, tax rates, fiscal deficits, market uncertainty measures to present a holistic picture of the economy and the shocks and policy actions that have followed. The book uses an innovative method of presentation and the consistency of the trends/stances of both monetary and fiscal policy using these large number of variables. It discusses the debate on overestimation of GDP/GVA growth estimates over the years from 2011-12 to about 2016-17 comprehensively. There is special coverage of GST with a comparison with China. Coverage also includes performance since the COVID-19 crisis again using a large number of indicators and an explanation for the same in terms of the limitations of the government's initiatives to counteract.The book is a quick and ready reference of what has happened in macroeconomic terms to those interested in the relevant facts. It is of interest to international economists, policy analysts, and investors whose need to understand that the Indian economy in macroeconomic terms and in terms of the stances and penchant of the government and the RBI is of value.

This book presents a comprehensive study of adoption and diffusion of technology in developing countries in a historical perspective.

This book investigates how strategic marketing is influencing organizations' innovation performance.

Upon the backdrop of impressive progress made by the Indian economy during the last two decades, this book evaluates the performance of the economy on some income and non-income dimensions of development at the national, state and sectoral levels.

This book focuses on the small car segment of India's automotive industry to explain the emergence of lead markets. It questions the conventional wisdom and updates the theory of lead markets to better reflect the changing realities on ground.

This book examines the effect of deregulation in the Indian banking sector during the post-reforms years, particularly on cost efficiency and total factor productivity. It's findings offer useful policy directions and suggestions to other developing economies.

The proposed book provides an assessment of an important yet controversial policy initiated by the Indian government and governments of several other developing countries.

Using a mixed-methods approach, this book examines the sustainability of one of the most celebrated forms of social enterprise of our times: Microfinance Institutions (MFIs), with a focus on the Indian microfinance industry.

This commemorative work in honour of Professor Biswajit Chatterjee-an acclaimed economist, learned scholar and researcher-focuses on contemporary issues in international trade, development economics, and macroeconomics and finance.

This book is an attempt to capture and analyze several idiosyncratic features of industry and labor in the developing world.

The Indian conglomerate Tata Group and the American healthcare giant GE Healthcare have also developed affordable products targeted at the lowest-income segments in India.

This book emphasizes the need for experimenting with more deliberate and rigorous policy processes to attain balanced regional development, which can promote both equity and efficiency in India's development discourse.

The study delineates export patterns by firm and state and explores factors influencing export decisions according to sector, size and location.

This book presents a socio-economic analysis of the issues linking technological innovation in providing arsenic-safe drinking water in rural areas.

This book uses sound theoretical frameworks and econometric techniques to rigorously analyze and explain the conditions of sustainable growth in agriculture.

The book examines the market reaction to mergers and acquisitions (M&A) announcements over a period from 2003 to 2015. In addition, the book investigates the corporate governance practices of the acquiring firms and their impact on the short- term as well as long- term performance of those firms.

This book examines the objectives of public debt management and the re-emerging issue of separating monetary policy formulation from fiscal and debt management.

Whilst there is tremendous interest in understanding the intricacies of Indian culture and a growing literature focusing on topics such as India-specific management and internationalization strategies of Indian firms, the cultural aspects of Indian businesses have been largely ignored.

This commemorative work in honour of Professor Biswajit Chatterjee-an acclaimed economist, learned scholar and researcher-focuses on contemporary issues in international trade, development economics, and macroeconomics and finance.

This book attempts to capture innovation outcomes. The intent is on a holistic assessment of value creation by innovation - the societal value that it delivers to humanity, the economic value that it has the potential to endow to nations, and the monetary value that it provides to innovating firms.

This book addresses major aspects of inequity, such as access, financing, financial risk protection, gender, service delivery and utilization, in the healthcare sector in India,.

This book reviews the fulfillment of two Millennium Development Goals (MDGs), namely poverty and inequality, in the Indian subcontinent. It examines the complex interplay among development, inequality and poverty in relation to corruption, environmental resource management, agricultural adjustment to climate change and institutional arrangements, with a special focus on the Northeastern region of the country. The topics covered offer a blend of theoretical arguments and empirical data with regard to the three main themes of the book, while also providing agricultural and environmental perspectives. The book also provides guidelines for policy initiatives for harnessing the region¿s potential in the areas of industry, trade, sustainable use of mineral, forest and other natural resources, nature-based tourism through proper infrastructure development, and resolving land issues to achieve inclusive development.In addition to introducing some new questions on the development-ethnic conflict interface, it uses sophisticated tools such as the Blinder¿Oaxaca decomposition method in consumption expenditure to show the endowment, and return to endowment effects; and techniques like spatial correlation-regression to analyze regional variation, co-integration, vector autoregression, the panel data technique and the adaptation index to climate change, to understand socio-economic complexities and the effect of the concerned variables on entrepreneurship and human development.The book offers a timely contribution to our understanding of major MDGs and highlights their successes and failures. It also includes analytical frameworks that are key to future policy initiatives. Further, it disseminates approaches and methods that improve livelihoods and standards of living through poverty reduction and promoting inclusive development along with sustainable utilization of available natural resources. Putting forward various ideas for creating a more sustainable future, it inspires and encourages readers to pursue further studies to address the gaps that still remain.

It has to move beyond the transactional mode by creating equity in the global energy industry.Today, the global energy regime is undergoing fundamental changes, as is the power dynamics of the global energy order.

This book addresses topical development issues in India, ranging from land acquisition, poverty alleviation programs, labor market issues, the public-private partnership (PPP) model and fiscal federalism.

This book demonstrates the changing dynamics of India's engagement with Africa, focusing on trade, investment, official development assistance, capacity building activities and the diaspora. For Africa, India has emerged from an aid recipient country to a major aid provider but on a basis of partnership model.

This book emphasizes the need for experimenting with more deliberate and rigorous policy processes to attain balanced regional development, which can promote both equity and efficiency in India's development discourse.

Based on case studies from Karnataka in South India, the book presents a regional yet integrated multi-disciplinary framework for analysing the persistence, resilience and future of small farmer units.

This book explores ways in which India can negotiate the low carbon path up until 2030, when it is expected to be the largest economy after the US and China.

This book highlights a number of social sustainability issues at different stages of the supply chain, and demonstrates how these issues can be addressed by adopting social sustainability practices in the manufacturing supply chain.