Book picks similar to
India: The Emerging Giant by Arvind Panagariya
india
economics
non-fiction
history
The Roaring Twenties: A Captivating Guide to a Period of Dramatic Social and Political Change, a False Sense of Prosperity, and Its Impact on the Great Depression
Captivating History - 2018
Like so many good stories, it got its start from a time of great turmoil and ended in a dramatic fashion. What happened between 1920 and 1929 has passed beyond history and has become legend. The lessons of the 1920s are still relevant today. Many of the debates and issues of the era are still part of the national conversation. Economic policies, consumer behaviors and mass culture of the 1920s are reflected in our culture almost 100 years later. By understanding the past, we can better prepare for the future and this new captivating history book is all about giving you that knowledge. This book includes topics such as:
World War One and the 1920s
Fear of the Other
Old Causes Finishing Business
The Cost of Prohibition
A New World
African-Americans
Politics and Policies
How Did It All End?
And much, much more!
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All the Devils are Here: The Hidden History of the Financial Crisis
Bethany McLean - 2010
Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.Among the devils you'll meet in vivid detail:• Angelo Mozilo, the CEO of Countrywide, who dreamed of spreading homeownership to the masses, only to succumb to the peer pressure-and the outsized profits-of the sleaziest subprime lending.• Roland Arnall, a respected philanthropist and diplomat, who made his fortune building Ameriquest, a subprime lending empire that relied on blatantly deceptive lending practices.• Hank Greenberg, who built AIG into a Rube Goldberg contraption with an undeserved triple-A rating, and who ran it so tightly that he was the only one who knew where all the bodies were buried.• Stan O'Neal of Merrill Lynch, aloof and suspicious, who suffered from "Goldman envy" and drove a proud old firm into the ground by promoting cronies and pushing out his smartest lieutenants.• Lloyd Blankfein, who helped turn Goldman Sachs from a culture that famously put clients first to one that made clients secondary to its own bottom line.• Franklin Raines of Fannie Mae, who (like his predecessors) bullied regulators into submission and let his firm drift away from its original, noble mission.• Brian Clarkson of Moody's, who aggressively pushed to increase his rating agency's market share and stock price, at the cost of its integrity.• Alan Greenspan, the legendary maestro of the Federal Reserve, who ignored the evidence of a growing housing bubble and turned a blind eye to the lending practices that ultimately brought down Wall Street-and inflicted enormous pain on the country.Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the meltdown and its consequences.
The Chessboard and the Web: Strategies of Connection in a Networked World
Anne-Marie Slaughter - 2017
Now, Anne-Marie Slaughter—one of Foreign Policy’s Top 100 Global Thinkers from 2009 to 2012, and the first woman to serve as director of the State Department Office of Policy Planning—applies network theory to develop a new set of strategies for the post-Cold War world. While chessboard-style competitive relationships still exist—U.S.-Iranian relations, for example—many other situations demand that we look not at individual entities but at their links to one another. We must learn to understand, shape, and build on those connections. Concise and accessible, based on real-world situations, on a lucid understanding of network science, and on a clear taxonomy of strategies, this will be a go-to resource for anyone looking for a new way to think about strategy in politics or business.
Mr. and Mrs. Jinnah: The Marriage that Shook India
Sheela Reddy - 2017
But Ruttie was just sixteen and her outraged father forbade the match. But when Ruttie turned eighteen, they married and Bombay society, its riches and sophistication notwithstanding, was scandalized. Everyone sided with the Petits and Ruttie and Jinnah were ostracized. It was an unlikely union that few thought would last. But Jinnah, in his undemonstrative, reserved way was unmistakably devoted to his beautiful, wayward child-bride—as proud of her fashionable dressing as he was of her intelligence, her wide reading and her fierce commitment to the nationalist struggle. Ruttie, on her part, worshipped him and could tease and cajole the famously unbending Jinnah, whom so many people found intimidating and distant. But as the tumultuous political events increasingly absorbed him, Ruttie felt isolated and alone, cut off from her family, friends and community. The unremitting effort of submitting her personality to Jinnah’s, his frequent coldness, his preoccupation with politics and the law, took its toll. Ruttie died at twenty-nine, leaving her daughter, Dina and her inconsolable husband, who never married again. Sheela Reddy, well-known journalist and former books editor of Outlook magazine, uses never-before-seen personal letters of Ruttie and her close friends as well as accounts left by contemporaries and friends to portray this marriage that convulsed Indian society, with a sympathetic, discerning eye. A product of intensive and meticulous research in Delhi, Bombay and Karachi and based on first-person accounts and sources, Reddy brings the solitary, misunderstood Jinnah and the lonely, wistful Ruttie to life. A must-read for all those interested in politics, history and the power of an unforgettable love story.
Despite the State: Why India Lets Its People Down and How They Cope
M. Rajshekhar - 2021
This is a tale of India’s states, of why they build schools but do not staff them with teachers; favour a handful of companies so much that others slip into losses; wage water wars with their neighbours while allowing rampant sand mining and groundwater extraction; harness citizens’ right to vote but brutally crack down on their right to dissent. Reporting from six states over thirty-three months, award-winning investigative journalist M. Rajshekhar delivers a necessary account of a deep crisis that has gone largely unexamined.
The Turn of the Tortoise: The Challenge and Promise of India's Future
T.N. Ninan - 2015
Ninan addresses a range of contemporary questions as only he can—looking at why the economy lost steam, the emerging trends in politics, the Chinese shadow over India, and the relationship between the state and the citizen. He asks whether manufacturing can be made a success story, what is the size of the neo-middle class, who really is the aam aadmi, and if it is possible to put an end to extreme poverty now. And, finally—what are the fears that should keep us awake at night?This wide-ranging book is an attempt to understand, through data and analyses, where India stands today, why it has emerged the way it has, and what the next ten years might bring. For anyone interested in India and its future, this is essential and enlightening reading.
Naked Economics: Undressing the Dismal Science
Charles Wheelan - 2002
In fact, you won’t be able to put this bestseller down. In our challenging economic climate, this perennial favorite of students and general readers is more than a good read, it’s a necessary investment—with a blessedly sure rate of return. This revised and updated edition includes commentary on hot topics such as automation, trade, income inequality, and America’s rising debt. Ten years after the financial crisis, Naked Economics examines how policymakers managed the worst economic crisis since the Great Depression.Demystifying buzzwords, laying bare the truths behind oft-quoted numbers, and answering the questions you were always too embarrassed to ask, the breezy Naked Economics gives you the tools to engage with pleasure and confidence in the deeply relevant, not so dismal science.
The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor
David S. Landes - 1998
Landes's acclaimed, best-selling exploration of one of the most contentious and hotly debated questions of our time: Why do some nations achieve economic success while others remain mired in poverty? The answer, as Landes definitively illustrates, is a complex interplay of cultural mores and historical circumstance. Rich with anecdotal evidence, piercing analysis, and a truly astonishing range of erudition, The Wealth and Poverty of Nations is a "picture of enormous sweep and brilliant insight" (Kenneth Arrow) as well as one of the most audaciously ambitious works of history in decades.For the paperback edition, Landes has written a new epilogue, in which he takes account of Asian financial crisises and the international tension between overconfidence and reality.
Being Different: An Indian Challenge to Western Universalism
Rajiv Malhotra - 2011
It is also a unique civilization with philosophies and cosmologies that are markedly distinct from the dominant culture of our times – the West. India’s spiritual traditions spring from dharma which has no exact equivalent in western frameworks. Unfortunately, in the rush to celebrate the growing popularity of India on the world stage, its civilizational matrix is being digested into western universalism, thereby diluting its distinctiveness and potential.This book addresses the challenge of direct and honest engagement on differences, by reversing the gaze, repositioning India from being the observed to the observer and looking at the West from the dharmic point of view. In doing so it challenges many hitherto unexamined beliefs that both sides hold about themselves and each other. It highlights that unique historical revelations are the basis for western religions, as opposed to dharma’s emphasis on self-realization in the body here and now. It describes the integral unity that underpins dharma’s metaphysics and contrasts this with western thought and history as a synthetic unity. The west’s anxiety over difference and fixation for order runs in contrast with the creative role of chaos in dharma. The book critiques fashionable reductive translations and argues for preserving certain non-translatable words of Sanskrit. It concludes with a rebuttal against western claims of universalism and recommends a multi-civilizational worldview.The discussions and debate within the book employ the venerable tradition of purva-paksha, an ancient dharmic technique where a debater must first authentically understand in the opponent’s perspective, test the merits of that point of view and only then engage in debate using his own position. Purva-paksha encourages individuals to become truly knowledgeable about all perspectives, to approach the other side with respect and to forego the desire to simply win the contest. Purva-paksha also demands that all sides be willing to embrace the shifts in thinking, disruptive and controversial as they may be, that emerge from such a dialectical process.Being Different highlights six distinct and fundamental points of divergence between the dharmic traditions and the West. These are as follows:1) Approaches to difference: The West’s pervasive anxiety over personal and cultural differences have resulted in the endless need for the appropriation, assimilation, “conversion” and/or digestion and obliteration of all that does not fit its fundamental paradigms. The roots of this anxiety lie in the inherent schisms in its worldview. Dharmic traditions, in contrast, while not perfect, are historically more comfortable with differences, both individual and collective; they are not driven by mandates for expansion and control.2) History-centrism vs. Inner Sciences: The Judeo-Christian religious narrative is rooted in the history of a specific people and place. Further, the divine is external rather than within and guides humanity through unique and irreplaceable revelations. The dharmic traditions, in contrast, emphasize a series of sophisticated techniques of meditation and related inner sciences to achieve higher states of embodied knowing.3) Integral unity vs. synthetic unity: Since the time of Aristotle, the West has assumed an atomic partitioning of reality into distinct and unrelated parts. The Judeo-Christian worldview is based on separate essences for God, the world and/ human souls. Additionally, there is an unbridgeable gap between Greek reason and religious revelation. The result has been a forced unity of separate entities, and such a unity always feels threatened to disintegrate and remains synthetic at best. In dharmic cosmology all things emerge from a unified whole. In Hinduism this integral unity is the very nature of Brahman; in Buddhism there is no ultimate essence like Brahman, but the principle of impermanence and co-dependence provides unity. Dharma and science are enmeshed as part of the same exploration. Every aspect of reality mirrors and relates to every other aspect in a web of interdependency.4) The nature of chaos and uncertainty: The West privileges order in its aesthetics, ethics, religions, society and politics, and manifests a deep-rooted fear of chaos, uncertainty and complexity. The dharmic worldview see chaos as a creative catalyst built into the cosmos to balance out order that could become stultifying., and hence it adopts a more relaxed attitude towards it5) Translatability vs. Sanskrit: Unlike Western languages, in Sanskrit the fundamental sounds have an existential link to the experience of the object they represent. This makes Sanskrit a key resource for personal and cultural development. It also implies that the process of translation and digestion into Western schemas is unavoidably reductive.6) Western universalism challenged: In the “grand narrative” of the West, whether secular or religious, it is the agent or driver of historical unfolding and sets the template for all nations and peoples. This book challenges this self-serving universalism. It contrasts this with dharma’s non-linear approach to the past and multiple future trajectories.The very openness that makes dharma appealing, however, often makes it vulnerable to invasion, appropriation and erosion by a more aggressive and externally ambitious civilization. The book uses the metaphor of digestion to point to the destructive effects of what is usually white-washed as assimilation, globalization or postmodern deconstruction of difference. For complex reasons, which are analyzed at length, the dharmic traditions have been a particular target of digestion into the West, and Being Different challenges the uncritical acceptance of this process by both Westerners and Indians.
Indian Economy Since Independence
Uma Kapila - 2007
Revised annually, this collection of articles by India's topmost economists and experts contains original readings, notes, and excerpts from plan documents, presenting a comprehensive and critical analysis of Indian economy since independence (1947–2006).
Money and Government: A Challenge to Mainstream Economics
Robert Skidelsky - 2018
Money, it is claimed, is nothing more than a medium of exchange; and economic outcomes are best left to the 'invisible hand' of the market. The view taken in this important new book is that the omnipresence of uncertainty make money and government essential features of any market economy. One reason we need money is because we don't know what the future will bring. Government - good government - makes the future more predictable and therefore reduces this kind of demand for money.After Adam Smith orthodoxy persistently espoused non-intervention, but the Great Depression of 1929-32 stopped the artificers of orthodox economics in their tracks. A precarious balance of forces between government, employers, and trade unions enabled Keynesian economics to emerge as the new policy paradigm of the Western world. However, the stagflation of the 1970s led to the rejection of Keynesian policy and a return to small-state neoclassical orthodoxy. Thirty years later, the 2008 global financial crash was severe enough to have shaken the re-vamped classical orthodoxy, but, curiously, this did not happen. Once the crisis had been overcome - by Keynesian measures taken in desperation - the pre-crash orthodoxy was reinstated, undermined but unbowed. Since 2008, no new 'big idea' has emerged, and orthodoxy has maintained its sway, enacting punishing austerity agendas that leave us with a still-anaemic global economy.This book aims to familiarise the reader with essential elements of Keynes's 'big idea'. By showing that much of economic orthodoxy is far from being the hard science it claims to be, it aims to embolden the next generation of economists to break free from their conceptual prisons and afford money and government the starring roles in the economic drama that they deserve.
The Beautiful and the Damned: A Portrait of the New India
Siddhartha Deb - 2011
Six years after leaving home, he returned as an undercover reporter for The Guardian, working at a call center in Delhi in 2004, a time when globalization was fast proceeding and Thomas L. Friedman declared the world flat. Deb's experience interviewing the call-center staff led him to undertake this book and travel throughout the subcontinent.The Beautiful and the Damned examines India's many contradictions through various individual and extraordinary perspectives. With lyrical and commanding prose, Deb introduces the reader to an unforgettable group of Indians, including a Gatsby-like mogul in Delhi whose hobby is producing big-budget gangster films that no one sees; a wiry, dusty farmer named Gopeti whose village is plagued by suicides and was the epicenter of a riot; and a sad-eyed waitress named Esther who has set aside her dual degrees in biochemistry and botany to serve Coca-Cola to arms dealers at an upscale hotel called Shangri La.Like no other writer, Deb humanizes the post-globalization experience—its advantages, failures, and absurdities. India is a country where you take a nap and someone has stolen your job, where you buy a BMW but still have to idle for cows crossing your path. A personal, narrative work of journalism and cultural analysis in the same vein as Adrian Nicole LeBlanc's Random Family and V. S. Naipaul's India series, The Beautiful and the Damned is an important and incisive new work.The Beautiful and the Damned is a Publishers Weekly Best Nonfiction title for 2011.
The Other Side of Silence: Voices from the Partition of India
Urvashi Butalia - 1998
Within the space of two months in 1947 more than twelve million people were displaced. A million died. More than seventy-five thousand women were abducted and raped. Countless children disappeared. Homes, villages, communities, families, and relationships were destroyed. Yet, more than half a century later, little is known of the human dimensions of this event. In The Other Side of Silence , Urvashi Butalia fills this gap by placing people—their individual experiences, their private pain—at the center of this epochal event.Through interviews conducted over a ten-year period and an examination of diaries, letters, memoirs, and parliamentary documents, Butalia asks how people on the margins of history—children, women, ordinary people, the lower castes, the untouchables—have been affected by this upheaval. To understand how and why certain events become shrouded in silence, she traces facets of her own poignant and partition-scarred family history before investigating the stories of other people and their experiences of the effects of this violent disruption. Those whom she interviews reveal that, at least in private, the voices of partition have not been stilled and the bitterness remains. Throughout, Butalia reflects on difficult questions: what did community, caste, and gender have to do with the violence that accompanied partition? What was partition meant to achieve and what did it actually achieve? How, through unspeakable horrors, did the survivors go on? Believing that only by remembering and telling their stories can those affected begin the process of healing and forgetting, Butalia presents a sensitive and moving account of her quest to hear the painful truth behind the silence.
The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000
Paul Kennedy - 1987
When a scholar as careful and learned as Mr. Kennedy is prompted by contemporary issues to reexamine the great processes of the past, the result can only be an enhancement of our historical understanding.... When the study is written as simply and attractively as this work is, its publication may have a great and beneficient impact. It is to be hoped that Mr. Kennedy's will have one, at a potentially decisive moment in America's history."Michael Howard, The New York Times Book Review"Important, learned, and lucid... Paul Kennedy's great achievement is that he makes us see our current international problems against a background of empires that have gone under because they were unaible to sustain the material cost of greatness; and he does so in a universal historical perspective of which Ranke would surely have approved."James Joll, The New York Review of Books"His strategic-economic approach provides him with the context for a shapely narrative....Professor Kennedy not only exploits his framework eloquently, he also makes use of it to dig deeper and explore the historical contexts in which some 'power centers' prospered....But the most commanding purpose of his project...is the lesson he draws from 15 centuries of statecraft to apply to the present scene....[The book's] final section is for everyone concerned with the contemporary political scene."Christopher Lehmann-Haupt, The New York Times"Kennedy gives epic meaning to the nation's relative economic and industrial decline."
Newsweek
The Siege: 68 Hours Inside The Taj Hotel
Adrian Levy - 2013
On the night of November 26, Lashkar-e-Toiba terrorists attacked targets throughout the city, including the Taj Mahal Palace Hotel, one of the world’s most exclusive luxury hotels. For sixty-eight hours, hundreds were held hostage as shots rang out and an enormous fire raged. When the smoke cleared, thirty-one people were dead and many more had been injured. Only the courageous actions of staff and guests—including Mallika Jagad, Bob Nichols, and Taj general manager Binny Kang—prevented a much higher death toll.With a deep understanding of the region and its politics and a narrative flair reminiscent of Midnight in Peking, journalists Cathy Scott-Clark and Adrian Levy vividly unfold the tragic events in a real-life thriller filled with suspense, tragedy, history, and heroism.