This paper compares the experience of poverty reduction in China and India. It finds that more than economic growth per se, what has mattered crucially is the nature of the growth: whether it is associated with growing inequalities that do not allow the benefits of growth to reach the poor;...

This paper considers the main elements of the standard pattern of financial liberalization that has become widely prevalent in developing countries. The theoretical arguments in favour of such liberalization are considered and critiqued, and the political economy of such measures is discussed....

The view that the Indian economy would be less adversely affected by the global economic crisis because of limited integration and other inherent strengths has proved to be wrong. The economic boom in India that preceded the current downturn was dependent upon greater global integration in three...

Jayati Ghosh looks at the impact of the financial crises on women from several different entry points.

This book provides new perspectives on recent Asian dynamism which go beyond the mainstream views, by attempting to situate the recent economic expansion within a broader analysis of capitalist accumulation and the various processes that it generates both within and across economies. The...