Small island developing States (SIDS) face an uphill battle as they strive to recover from the impact of the COVID-19 crisis amid vulnerabilities worsened by the pandemic. The 2021 edition of UNCTAD’s Development and Globalization: Facts and Figures report, highlights the numerous strengths and challenges facing these economically vulnerable countries. …
This paper overviews the debate on the relationship between the measures of globalization, economic growth and pace of urbanization, and speculates on its impact on the quality of life and poverty in the context of Asian countries. After experiencing moderate to high urban growth for three to four decades since …
India, with its huge share of exports and foreign investment in GDP, is more sensitive than ever to the global economy. Hence, India may not average more than 7.5-8% growth in the next five years, says Swaminathan S Anklesaria Aiyar. GIVEN the economy
The liberalisation process that started in India in the early 1990s has made Orissa potentially the most attractive destination for large capital-intensive projects by private-sector firms – typically mineral-based ones. These projects are facing opposition from the people, especially those likely to be displaced and those who will be indirectly …
The socialisation of private costs under the private enterprise system causes a metabolic rift between humans and nature. Over time this rift leads to economic inequality and degradation of natural resources, though these social costs remain unaccounted for. Global capital continues to shift the cost of its reproduction to the …
The prospects for agriculture partly tied to the overall prospects remained unclear in the Copenhagen climate talks. Keeping in view of poverty reduction, food security and climate change, if forest and agriculture sectors come together and address in an integrated fashion, they can push for provisions in favour of the …
The Johannesburg Plan of Implementation refers to sustainable consumption and production (SCP), along with poverty eradication and conservation of the natural resource base, as essential precondition for sustainable development. The idea of sustainable development contains within it the completion of three transitions: demographic, development, and decoupling. The demographic transition is …
THE current wave of globalisation has much in common with the wave that swept the world at the end of the 19th century. Both are driven by two factors: technological change and political decisions to open up markets. Likewise, both create huge economic opportunities and wealth, but also trigger huge …
The global food price spikes of 2008 should not have come as a surprise. There were a number of long-term trends that were working towards the surge in food prices, which was fi nally occasioned by some proximate causes. While global prices have eased since then
The paper examines the influence of technological innovations on employment and labour productivity growth of a sample of 72 small and medium enterprises in the auto component sector of Bangalore. Innovative SMEs, engaged in both product and process innovations, could achieve a considerable increase in their sales and employment during …
The Outline Perspective Plan (OPP) 2010-2021 fulfils a long felt need of the country. In the past there were attempts to formulate Perspective Plan but without success. The eventful dawn of the twenty first century with the deepening of globalization, challenges of realizing Millennium Development Goals (MDGs), the threat of …
Ever since the autumn of 2008, when the financial crisis shook the world economy, it has been almost axiomatic that the downturn would have a serious impact on globalisation. Headlines warned that a less-globalised world was around the corner. Now, with the economic data for the past year becoming available, …
This paper explores the broad contours of climate resilient industrial development paths. It defines development as an increase in local capacities for production and innovation and argues that the overarching goal of development is the generation of sustainable livelihoods. It suggests that to be climate resilient, industry policies should have …
Given that China and India may achieve consumption levels identical to the west, global growth is coming up against climatic limits and the free market
India is considered a developing country and has been striving hard to come in the category of developed countries. With the globalization of economy, breaking of economic barriers, opening of Indian markets for foreign investors, preponderance of consumer culture and growing inequalities, there is need to reassess the development process …
