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Full-Text Articles in International Economics
How Global Rules And Markets Are Shaping India’S Rise On The International Stage, Aseema Sinha
How Global Rules And Markets Are Shaping India’S Rise On The International Stage, Aseema Sinha
CMC Faculty Publications and Research
Over the last quarter century, India has shifted from a hesitant economic power to a confident player on the international stage. In her new book, Aseema Sinha draws on extensive research to ask where this global activism has come from, and considers the international dimensions of domestic change. Here she discusses how her findings challenge standard narratives on globalisation and the supposedly homegrown character of India’s reform trajectory.
India’S Unlikely Democracy: Economic Growth And Political Accommodation, Aseema Sinha
India’S Unlikely Democracy: Economic Growth And Political Accommodation, Aseema Sinha
CMC Faculty Publications and Research
There is no doubt that India’s democracy has become stable, yet economic change could create distributional conflicts and stresses on its democratic institutions. Economic change and liberalization have served to reinforce and further stabilize democracy rather than undermining it. This has happened partly because of the nature of economic and social transition, which has allowed the rich many options in the private, urban, and global economy. Simultaneously, the poor are divided and seek redress through electoral and democratic channels. Weak coalition governments in the 1990s have responded to claims from the poor contributing to the continuing stability of Indian democracy.