This paper explains the process of financialization and its relation to productive capital accumulation and offshoring/outsourcing. It seeks to answer the question: What role did it play in inducing the current economic crisis and its after-effects in the core and the peripheries? It also...

In today's world of globalization, workers in the core also consume a significant part of their wages on manufactured goods produced in the Third World (China being a prime example of it). This article provides an analytic framework based on unequal interdependence to account for this...

High population pressure and the rapid pace of human activity including urbanization, industrialization and other economic activities have led to a dwindling supply of arable land per capita and a process of agricultural intensification in South Asia. While this process has significantly...