Book picks similar to
The Lost Decade (2008-18): How India's Growth Story Devolved into Growth Without a Story by Puja Mehra
economics
india
politics
non-fiction
Army and Nation
Steven I. Wilkinson - 2014
They also saw the structure of the army, with its recruitment on the basis of caste and religion, as incompatible with their hopes for a new secular nation.India has successfully preserved its democracy, however, unlike many other colonial states that inherited imperial "divide and rule" armies, and unlike its neighbor Pakistan, which inherited part of the same Indian army in 1947. As Steven I. Wilkinson shows, the puzzle of how this happened is even more surprising when we realize that the Indian Army has kept, and even expanded, many of its traditional "martial class" units, despite promising at independence to gradually phase them out.Army and Nation draws on uniquely comprehensive data to explore how and why India has succeeded in keeping the military out of politics, when so many other countries have failed. It uncovers the command and control strategies, the careful ethnic balancing, and the political, foreign policy, and strategic decisions that have made the army safe for Indian democracy. Wilkinson goes further to ask whether, in a rapidly changing society, these structures will survive the current national conflicts over caste and regional representation in New Delhi, as well as India's external and strategic challenges.
RSS: A View to the Inside
Walter K. Andersen - 2018
This book fundamentally addresses three key questions: ● Why has the Rashtriya Swayamsevak Sangh (RSS) and its affiliates expanded so rapidly over the past twenty-five years? ● How have they evolved in response to India's new socio-economic milieu? ● How does their rapid growth impact the country's politics and policy?With unprecedented access, Walter K. Andersen and Shridhar D. Damle lift the curtains to help us understand the inner workings of the Sangh. Backed by deep research and case studies, this book explores the evolution of the Sangh into its present form, its relationship with the ruling party, the BJP, their overseas affiliates and so much more.
Rokda: How Baniyas Do Business
Nikhil Inamdar - 2014
Over the decades, these capitalists spread their footprint across vast sectors of the economy from steel and mining to telecom and retail. And now even e-tail. Nikhil Inamdar’s Rokda features the stories of a few pioneering men from this mercantile community—Radheshyam Agarwal and Radheshyam Goenka, founders of the cosmetic major Emami; Rohit Bansal, co-founder of Snapdeal; Neeraj Gupta, founder of Meru Cabs; and V.K. Bansal, a humble mathematics tutor whose genius spawned a massive coaching industry in Kota—amongst others. Through the triumphs and tribulations of these men in the epoch marking India’s entire post independence struggle with entrepreneurship—from the License Raj to the opening up of the floodgates in 1991, and the dawn of the digital era—Rokda seeks to uncover the indomitable spirit of the Baniya.
Midnight's Borders: A People's History of Modern India
Suchitra Vijayan - 2020
Yet most of us don't understand it, or the violent history still playing out there. In fact, India as we know it didn't exist until the map of the subcontinent was redrawn in the middle of the 20th century--the powerful repercussions of which are still being felt across South Asia.To tell the story of political borders in the subcontinent, Suchitra Vijayan spent seven years travelling India's 9,000-mile land border. Now, in this stunning work of narrative reportage, she shares what she learned on that groundbreaking journey. With profound empathy and a novelistic eye for detail, Vijayan shows us the forgotten people and places in the borderlands and brings us face-to-face with the legacy of colonialism and the stain of extreme violence and corruption. The result is the ground-level portrait of modern India we've been missing.
Shades of Saffron: From Vajpayee To Modi
Saba Naqvi - 2018
In its journey from coalition politics to single-party hegemony, it has emerged as a very different entity from the one that first came to power in 1998. Veteran journalist Saba Naqvi—who has spent two decades covering the BJP—tells the story from the party’s founding in 1980 to its two stints in power. Shades of Saffron: From Vajpayee to Modi is both a first-person account of racy events as they unfolded in the nation’s history, and a work that raises larger analytical points about the BJP’s growth. It examines the role of the RSS cadre and its equations with elected leaders, the calibration of ideology, the issue of political finance and the social expansion of the party, as also the cults of personality that would emerge around, first, Atal Bihari Vajpayee and then, more forcefully, around Narendra Modi. The book provides a riveting account of the party’s difficult journey from ‘untouchability’ (when allies were unwilling to join) to its presumed ‘invincibility’ today. Naqvi’s long-standing equations with members of the party, developed over two decades of consistently fair reporting, delivers a narrative full of insights that are both fresh and deep, and anecdotes that are as lively as they are telling. In revealing hitherto unknown aspects, and reminding readers of the bigger picture, Shades of Saffron is a deep dive into the contemporary history of a party that keeps reinventing itself.
Lords of Finance: The Bankers Who Broke the World
Liaquat Ahamed - 2009
In fact, as Liaquat Ahamed reveals, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades. In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious Émile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose façade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear—that the greatest threat to capitalism was inflation— and by a common vision that the solution was to turn back the clock and return the world to the gold standard. For a brief period in the mid-1920s they appeared to have succeeded. The world’s currencies were stabilized and capital began flowing freely across the globe. But beneath the veneer of boom-town prosperity, cracks started to appear in the financial system. The gold standard that all had believed would provide an umbrella of stability proved to be a straitjacket, and the world economy began that terrible downward spiral known as the Great Depression. As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the global nature of financial crises, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, of their fallibility, and of the terrible human consequences that can result when they are wrong.
Talking to My Daughter About the Economy: or, How Capitalism Works—and How It Fails
Yanis Varoufakis - 2013
Now, he faces his most important—and difficult—audience yet. Using clear language and vivid examples, Varoufakis offers a series of letters to his young daughter about the economy: how it operates, where it came from, how it benefits some while impoverishing others. Taking bankers and politicians to task, he explains the historical origins of inequality among and within nations, questions the pervasive notion that everything has its price, and shows why economic instability is a chronic risk. Finally, he discusses the inability of market-driven policies to address the rapidly declining health of the planet his daughter’s generation stands to inherit.Throughout, Varoufakis wears his expertise lightly. He writes as a parent whose aim is to instruct his daughter on the fundamental questions of our age—and through that knowledge, to equip her against the failures and obfuscations of our current system and point the way toward a more democratic alternative.
The Undercover Economist
Tim Harford - 2005
The Undercover Economist is for anyone who's wondered why the gap between rich and poor nations is so great, or why they can't seem to find a decent second-hand car, or how to outwit Starbucks. This book offers the hidden story behind these and other questions, as economist Tim Harford ranges from Africa, Asia, Europe, and of course the United States to reveal how supermarkets, airlines, and coffee chains--to name just a few--are vacuuming money from our wallets. Harford punctures the myths surrounding some of today's biggest controversies, including the high cost of health-care; he reveals why certain environmental laws can put a smile on a landlord's face; and he explains why some industries can have high profits for innocent reasons, while in other industries something sinister is going on. Covering an array of economic concepts including scarce resources, market power, efficiency, price gouging, market failure, inside information, and game theory, Harford sheds light on how these forces shape our day-to-day lives, often without our knowing it. Showing us the world through the eyes of an economist, Tim Harford reveals that everyday events are intricate games of negotiations, contests of strength, and battles of wits. Written with a light touch and sly wit, The Undercover Economist turns "the dismal science" into a true delight.
Narconomics: How to Run a Drug Cartel
Tom Wainwright - 2016
From creating brand value to fine-tuning customer service, the folks running cartels have been attentive students of the strategy and tactics used by corporations such as Walmart, McDonald's, and Coca-Cola. And what can government learn to combat this scourge? By analyzing the cartels as companies, law enforcers might better understand how they work—and stop throwing away 100 billion a year in a futile effort to win the “war” against this global, highly organized business. Your intrepid guide to the most exotic and brutal industry on earth is Tom Wainwright. Picking his way through Andean cocaine fields, Central American prisons, Colorado pot shops, and the online drug dens of the Dark Web, Wainwright provides a fresh, innovative look into the drug trade and its 250 million customers. The cast of characters includes “Bin Laden,” the Bolivian coca guide; “Old Lin,” the Salvadoran gang leader; “Starboy,” the millionaire New Zealand pill maker; and a cozy Mexican grandmother who cooks blueberry pancakes while plotting murder. Along with presidents, cops, and teenage hitmen, they explain such matters as the business purpose for head-to-toe tattoos, how gangs decide whether to compete or collude, and why cartels care a surprising amount about corporate social responsibility.More than just an investigation of how drug cartels do business, Narconomics is also a blueprint for how to defeat them.
The Sarasvati Civilization
G.D. Bakshi - 2019
60–80 % of the so-called Indus Valley Civilisation sites which have been discovered are not on the banks of the Indus but on the course of the Sarasvati. The drying-out of the river is the most significant factor in the history and migrations of the ancient Indians. With new evidence, the time has come for a significant paradigm shift in Indology. This book breaks new ground to lay the foundation for an authentic Indian history.
This Changes Everything: Capitalism vs. The Climate
Naomi Klein - 2014
It's not about carbon—it's about capitalism. The good news is that we can seize this crisis to transform our failed economic system and build something radically better. In her most provocative book yet, Naomi Klein, author of the global bestsellers Shock Doctrine and No Logo, exposes the myths that are clouding climate debate. You have been told the market will save us, when in fact the addiction to profit and growth is digging us in deeper every day. You have been told it's impossible to get off fossil fuels when in fact we know exactly how to do it—it just requires breaking every rule in the 'free-market' playbook. You have also been told that humanity is too greedy and selfish to rise to this challenge. In fact, all around the world, the fight back is already succeeding in ways both surprising and inspiring. It's about changing the world, before the world changes so drastically that no one is safe. Either we leap—or we sink. This Changes Everything is a book that will redefine our era.
Letter to Father
Bhagat Singh - 2019
His father had requested the courts to look into evidences that would prove his son’s innocence, but the letter only goes on to show why Bhagat Singh is a true revolutionary who paved a new path for Indian Independence.
The Courage to Act: A Memoir of a Crisis and Its Aftermath
Ben S. Bernanke - 2015
Bernanke was appointed chair of the Federal Reserve, the unexpected apex of a personal journey from small-town South Carolina to prestigious academic appointments and finally public service in Washington’s halls of power.There would be no time to celebrate.The bursting of a housing bubble in 2007 exposed the hidden vulnerabilities of the global financial system, bringing it to the brink of meltdown. From the implosion of the investment bank Bear Stearns to the unprecedented bailout of insurance giant AIG, efforts to arrest the financial contagion consumed Bernanke and his team at the Fed. Around the clock, they fought the crisis with every tool at their disposal to keep the United States and world economies afloat.Working with two U.S. presidents, and under fire from a fractious Congress and a public incensed by behavior on Wall Street, the Fed—alongside colleagues in the Treasury Department—successfully stabilized a teetering financial system. With creativity and decisiveness, they prevented an economic collapse of unimaginable scale and went on to craft the unorthodox programs that would help revive the U.S. economy and become the model for other countries.Rich with detail of the decision-making process in Washington and indelible portraits of the major players, The Courage to Act recounts and explains the worst financial crisis and economic slump in America since the Great Depression, providing an insider’s account of the policy response.
Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction
David Enrich - 2020
Bill Broeksmit had helped build the 150-year-old financial institution into a global colossus, and his sudden death was a mystery, made more so by the bank’s efforts to deter investigation. Broeksmit, it turned out, was a man who knew too much.In Dark Towers, award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank’s history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law.Soon, the bank was manipulating markets, violating international sanctions to aid terrorist regimes, scamming investors, defrauding regulators, and laundering money for Russian oligarchs. Ever desperate for an American foothold, Deutsche also started doing business with a self-promoting real estate magnate nearly every other bank in the world deemed too dangerous to touch: Donald Trump. Over the next twenty years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients, including convicted sex offender Jeffrey Epstein.Dark Towers is the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality—the corporate equivalent of a weapon of mass destruction. It is also the story of a man who was consumed by fear of what he’d seen at the bank—and his son’s obsessive search for the secrets he kept.
Scarcity: Why Having Too Little Means So Much
Sendhil Mullainathan - 2013
Busy people fail to manage their time efficiently for the same reasons the poor and those maxed out on credit cards fail to manage their money. The dynamics of scarcity reveal why dieters find it hard to resist temptation, why students and busy executives mismanage their time, and why sugarcane farmers are smarter after harvest than before. Once we start thinking in terms of scarcity and the strategies it imposes, the problems of modern life come into sharper focus.Mullainathan and Shafir discuss how scarcity affects our daily lives, recounting anecdotes of their own foibles and making surprising connections that bring this research alive. Their book provides a new way of understanding why the poor stay poor and the busy stay busy, and it reveals not only how scarcity leads us astray but also how individuals and organizations can better manage scarcity for greater satisfaction and success.http://us.macmillan.com/scarcity/Send...