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This is an index to all articles, discussion, pieces and reviews published in the Economic and Political Weekly, India's premier social science journal, since its first issue of 20 August 1966.
The new institutional economics has been one of the most influential schools of thought to emerge in the past quarter century. Taking its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function, it has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, leading to the rich and growing field of the new institutional economics. This branch of economics stresses the importance of institutions in the functioning of free markets, which include elaborately defined and effectively enforced property rights in the presence of transaction costs, large corporate organizations with agency and hierarchical controls, formal contracts, bankruptcy laws, and regulatory institutions. In this timely volume, Murali Patibandla applies some of the precepts of the new institutional economics to India - one of the world's most promising economies.
The Supreme Court is frequently portrayed as an isolated entity void of politics that reaches judgments by some unseen and unknowable logic. At the same time, Congress is cast as a singularly political enterprise with little regard for nuanced lawmaking. This volume of original essays by leading scholars shows both branches in a new light. It explores the impact of sustained partisan politics, the recent reassertion of legislative power at the expense of judicial review, and the sometimes stormy relationship between Congress and the Court.
This timely volume puts emphasis on the effect of social capital on everyday life: how the routines of daily life lead people to get involved in their communities. Focussing on its micro-level causes and consequences, the book's international contributors argue that social capital is fundamentally concerned with the value of social networks and about how people interact with each other. The book suggests that different modes of participation have different consequences for creating - or destroying - a sense of community or participation. The diversity of countries, institutions and groups dealt with - from Indian castes to Dutch churches, from highly competent 'everyday makers' in Scandinavia to politics-avoiding Belgian women and Irish villagers - offers fascinating case studies, and theoretical reflections for the present debates about civil society and democracy.
Following independence, the Nehruvian approach to socialism in India rested on three pillars: secularism and democracy in the political domain, state intervention in the economy, and diplomatic non-alignment mitigated by pro-Soviet leanings after the 1960s. These features defined a distinct "Indian model," if not the country's political identity. From this starting point, Christophe Jaffrelot traces the transformation of India throughout the latter half of the twentieth century, particularly the 1980s and 90s. The world's largest democracy has sustained itself by embracing not only the vernacular politicians of linguistic states, but also Dalits and "Other Backward Classes," or OBCs. The simultaneous--and related--rise of Hindu nationalism has put minorities--and secularism--on the defensive. In many ways the rule of law has been placed on trial as well. The liberalization of the economy has resulted in growth, yet not necessarily development, and India has acquired a new global status, becoming an emerging power intent on political and economic partnerships with Asia and the West. The traditional Nehruvian system is giving way to a less cohesive though more active India, a country that has become what it is against all odds. Jaffrelot maps this tumultuous journey, exploring the role of religion, caste, and politics in determining the fabric of a modern democratic state.