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Full-Text Articles in Political Economy

“Damning The Dams”: A Study Of Cost Benefit Analysis In Large Dams Through The Lens Of India's Sardar Sarovar Project, Evelyn Wong Jan 2013

“Damning The Dams”: A Study Of Cost Benefit Analysis In Large Dams Through The Lens Of India's Sardar Sarovar Project, Evelyn Wong

Scripps Senior Theses

This thesis examines the evaluation of the economic, environmental and social effects of dams, and lessons learned from previous dams. It then focuses on cost benefit analysis as a decision-making tool pre-project for evaluating the potential gains and losses of building a dam; and as a framework for evaluating dams in operation. It reviews the basic assumptions required for a legitimate cost benefit analysis, and the inherent limitations of this method. It uses the Sardar Sarovar dam as a case study for the use and abuse of cost benefit analysis in decision-making, interstate politics, propaganda and activism. It also illustrates …


The Impact Of Participatory Notes On The Indian Rupee Exchange Rate, Rohan Kothari Jan 2013

The Impact Of Participatory Notes On The Indian Rupee Exchange Rate, Rohan Kothari

CMC Senior Theses

Since 1992, India has grown as a global player in the finance world. In spite of its success, India has not been able to rid itself of potentially harmful practices. One such practice is the issuing of Participatory Notes (PN) to foreign investors, so that they can anonymously purchase securities or derivatives listed on the Indian Stock Exchanges. This instrument came into public view when it accounted for approximately 50% of all foreign portfolio assets in India. Since then, the laws regarding PNs have evolved to become a more transparent version of the old rules. Although PN levels are not …