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Book ChapterDOI

Rethinking and Theorizing the Indian State in the Context of New Economic Map

TLDR
In this paper, the authors argue that the rationale for the existence of Indian state has undergone a fundamental displacement since the adoption of the New Economic Policy (NEP) henceforth, and this displacement is in alignment with the rearticulation of the Indian economic cartograph into the mutually constitutive triad of neo-liberalism, global capitalism and inclusive development that form the Order of Things.
Abstract
In this chapter, we argue that the rationale for the existence of the Indian state has undergone a fundamental displacement since the adoption of the New Economic Policy (NEP henceforth). This displacement is in alignment with the re-articulation of the Indian economic cartograph into the mutually constitutive triad of neo-liberalism, global capitalism and inclusive development that form the Order of Things (a la Foucault) at present. India’s economic transition now must take this historical conjecture as its point of reference and departure. In this regard, the theory of the Indian state must contend with (i) why and how it helped create this triad, (ii) what this triad entailed for its own existence, and (iii) how the state encounters and negotiates with new-fangled contradictions emanating from the triad and thereby transforms itself or gets transformed in the process. State as a transformative entity must thus be understood in relation to the new Order of Things in whose creation it plays a central role and which in turn affects it. There is one important thread that runs through the changes that has materialized with respect to Indian state in the last two decades: the rationale for the existence of Indian state has changed which implies in turn a different philosophy of governance.

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Citations
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Book ChapterDOI

An Examination of Indian State in the Post-planning Period

TL;DR: The changing rationale and character of Indian state in the backdrop of the post-planning Indian economic transition is analyzed in this article, where it is argued that India state was both a creator of this triad and also the site of the combined effects of these nodes that pull and push it into contradictory directions.
Journal ArticleDOI

From Hegemony to Governmentality

TL;DR: In this article, the authors uncover some of the theoretical innovations used in postcolonial studies in India, which have a rich tradition and many theoretical innovations have been deployed in these analyses.

Shaping India's ICT Industry Comparative Advantage

V. Anggraeni
TL;DR: In this article, the authors used the theory of comparative advantage and the Stolper-Samuelson theorem to analyze and explain what happens in India's information and communication technology (ICT) development and found that Indian government policies have shaped India's endowment of factor production to be able to compete in the international market.
References
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The mechanics of economic development

Abstract: This paper considers the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumulation and technological change, a model emphasizing human capital accumulation through schooling, and a model emphasizing specialized human capital accumulation through learning-by-doing.
Journal ArticleDOI

On the mechanics of economic development

TL;DR: In this article, the authors consider the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development, and compare three models and compared to evidence.
Journal ArticleDOI

A Contribution to the Empirics of Economic Growth

TL;DR: The authors examined whether the Solow growth model is consistent with the international variation in the standard of living, and they showed that an augmented Solow model that includes accumulation of human as well as physical capital provides an excellent description of the cross-country data.
Book

The Problem of Social Cost

TL;DR: In this paper, it is argued that the suggested courses of action are inappropriate, in that they lead to results which are not necessarily, or even usually, desirable, and therefore, it is recommended to exclude the factory from residential districts (and presumably from other areas in which the emission of smoke would have harmful effects on others).
Book

The Great Transformation: The Political and Economic Origins of Our Time

TL;DR: In this paper, the key to the institutional system of the 19 century lay in the laws governing market economy, which was the fount and matrix of the system was the self-regulating market, and it was this innovation which gave rise to a specific civilization.