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This book is the main text for post-graduate courses on South Asia's development, economic history and on its political economy. For researchers on Pakistan's economy, it is the key source for reference, and covers a huge and diverse array of data, literature reviews, commentary and analysis.
This book focuses on the implementation of the China-Pakistan Economic Corridor (CPEC), a multi-billion-dollar infrastructure development project intended to connect Asia with Europe, the Middle East and Africa. By introducing a new analytical approach to the study of economic corridors, it gauges the anticipated economic and geopolitical impacts on the region and discusses whether the CPEC will serve as a pioneer project for future regional cooperation between and integration of sub-national regions such as Balochistan, Khyber Pakhtunkhwa, the Federally Administered Tribal Areas, and Gilgit-Baltistan. Further, it explores the interests, expectations and policy approaches of both Chinese and Pakistani local and central governments with regard to the CPEC’s implementation. Given its scope, the book will appeal to regional and spatial sciences scholars, as well as social scientists interested in the regional impacts of economic corridors. It also offers valuable information for policymakers in countries participating in the Belt-and-Road Initiative or other Chinese-supported development projects.
Pakistan’s presence in the outside world is dominated by images of religious extremism and violence. These images—and the narratives that interpret them—inform events in the international realm, but they also twist back around to shape local class politics. In The New Pakistani Middle Class, Ammara Maqsood focuses on life in contemporary Lahore, where she unravels these narratives to show how central they are for understanding competition and the quest for identity among middle-class groups. Lahore’s traditional middle class has asserted its position in the socioeconomic hierarchy by wielding significant social capital and dominating the politics and economics of urban life. For this traditional middle class, a Muslim identity is about being modern, global, and on the same footing as the West. Recently, however, a more visibly religious, upwardly mobile social group has struggled to distinguish itself against this backdrop of conventional middle-class modernity, by embracing Islamic culture and values. The religious sensibilities of this new middle-class group are often portrayed as Saudi-inspired and Wahhabi. Through a focus on religious study gatherings and also on consumption in middle-class circles—ranging from the choice of religious music and home décor to debit cards and the cut of a woman’s burkha—The New Pakistani Middle Class untangles current trends in piety that both aspire toward, and contest, prevailing ideas of modernity. Maqsood probes how the politics of modernity meets the practices of piety in the struggle among different middle-class groups for social recognition and legitimacy.
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.
Frugal innovation is considered a new source of innovation, mainly to meet the needs of low-income customers. Hence, frugal innovation has primarily been explored emphasizing affordability. The concept of frugal and social innovation is a new idea and requires perspectives from academicians, researchers, and organizations to reach its full potential. Frugal Innovation and Social Transitions in the Digital Era considers the social value of innovation, frugal innovation, and social innovation in society at local, national, and international levels and calls the attention of scholars and researchers around the globe to focus on the social perspectives and social patterns of human life and society. Covering key topics such as emerging technologies, entrepreneurship, and social change, this reference work is ideal for computer scientists, business owners, managers, policymakers, researchers, scholars, practitioners, instructors, and students.
The first volume in a series on Pakistan's economy, this book investigates and analyzes the factors responsible for the economic policies followed in Pakistan from 1947 to 1982. These policies, the authors argue, are largely responsible for the economic situation of Pakistan today.
Renowned for its international coverage and rigorous selection procedures, this series provides the most comprehensive and scholarly bibliographic service available in the social sciences. Arranged by topic and indexed by author, subject and place-name, each bibliography lists and annotates the most important works published in its field during the year of 1997, including hard-to-locate journal articles. Each volume also includes a complete list of the periodicals consulted.
The development of the energy concept in Western physics and its subsequent effect on the emergence of neoclassical economics are traced to reveal how economics has sought to emulate physics, especially with regard to the theory of value.
"The Oxford Handbook of Economic Imperialism examines unequal commercial, trade, and investment gains at the international level and explores how countries and nations can have exploitative relations. The book contains thirty-four chapters written by academics and experts in the field of international political economy. The chapters in the Handbook look at the history of economic imperialism from the early modern age to the present. They demonstrate the persistence of economic imperialism in today's postcolonial world and the enduring control wielded by great powers even after the end of formal empire. The book reveals how emerging powers are expanding economic control in new geographic and geopolitical contexts. The Handbook highlights the significance of economic imperialism in the structures, relations, processes, and ideas that help sustain poverty and conflict worldwide"--