• Banking in the shadows: a comparative study of China and India

      Arora, Rashmi; Zhang, Q. (2019-03)
      Recent years have seen the increasing concern for the flourish of shadow banking in China and India. In this paper, we aim to get a better understanding of the differences in trends and investigate the factors leading to the rise of shadow banking in these two major emerging economies. We find that financial exclusion is a common factor leading to the rise of shadow banking in China and India. While financial reform has taken place in India, financial repressive policies still prevail in China. Although several regulatory measures have been adopted in India and China, the size of the shadow banking in these two countries remains underestimated. Thus, streamlining and enhancing data collection is a key priority for both India and China. We also argue that the regulation in both countries should be more activity focused rather than sector or entity based, and it should be at par with banks. As shadow banks provide last mile connectivity and enhance financial inclusion, a balanced approach is required keeping in view both benefits and costs of the shadow banking system.
    • Fault Lines of Nationhood

      Samad, A. Yunas; Pandey, G. (2007)
      Though India and Pakistan emerged as independent nation states sixty years ago, debates about the basis of Indian and Pakistani nationhood continue to reverberate through the politics of the two countries. Pakistan has been wracked by disputes over identity from its very inception. It split into two countries in 1971 when the eastern wing broke away to form Bangladesh. It has since been wrestling with issues of Punjabi dominance and Islamisation, which have put minorities of all sorts on the defensive. Independent India under Nehru¿s leadership proclaimed secular and egalitarian goals but theory and practice were often divergent. In recent years, the success of Hindu nationalist forces at the polls has raised new and uncomfortable questions for Indian minorities too. In Fault Lines of Nationhood, Gyanendra Pandey and Yunas Samad reflect on the construction of national identity in India and Pakistan from colonial times to the present day and examine how the working of democracy has created new majorities and minorities and helped to politicise issues of religion and ethnicity, region and language, class and caste. This book is essential reading for anyone interested in the dynamics of state building in India and Pakistan and the conflicting demands of national unity and social and political inclusiveness.
    • Financial sector development and smart cities: The Indian case

      Arora, Rashmi (2018-10)
      The paper examines the level of financial development of initial twenty shortlisted smart cities in India. • Results of the study revealed high inter-state and intra-state inequality as the cities with high FSI values and those with low FSI values are both located in the developed western and southern states. • A similar mixed picture emerges even for the less developed low income states such as Madhya Pradesh. • The study also highlighted large inter-state variations across the smart cities in financial development. • For a holistic approach to smart city development, a vibrant and developed financial sector is required.
    • India and Pakistan: An Analysis of the Conventional Military Strategic Relationship

      Bluth, Christoph; Lee, U.R. (International Conference on Economics and Security 2019, 2019-06-27)
    • India Pakistan Strategic Relations: The Nuclear Dilemma

      Bluth, Christoph; Mumtaz, U. (Ibidem Press, 2020-05)
    • India's National Security under the BJP: ¿Strong at Home, Engaged Abroad¿

      Kundu, Apurba (2004)
      In a marked departure from previous national governments, those led by the Bharatiya Janata Party (BJP) sought to address national security issues both proactively and strategically in line with the party¿s philosophy of achieving a strong India. This paper begins by examining the strategic vision of the BJP. It then analyses how this vision led the BJP to make India an overt nuclear weapons state in 1998, and how this status affected the government¿s actions in the Kargil Conflict of 1999. This is followed by an closer examination of national security strategy under the BJP-led National Democratic Alliance (NDA), particularly as outlined in the seminal Reforming the National Security System: Recommendations of the Group of Ministers of 2001, and how this administration responded to the near-war situation which developed between India and Pakistan in the spring-summer of 2002. The paper then will conceptualise NDA national security policy as ¿strong at home, engaged abroad¿ as evidenced by defence spending on external and internal security, the military¿s deployment on peacekeeping duties, and defence cooperation with other countries. It will conclude with an examination as to whether this national security policy as conceptualised here will remain effective and/or viable in the future.
    • The National Democratic Alliance and National Security.

      Kundu, Apurba (2005)
      This new collection examines the emergence of the Bharatiya Janata Party (BJP) in India and the ways in which its Hindu nationalist agenda has been affected by the constraints of being a dominant member of a coalition government. Religious influence in contemporary politics offers a fertile ground for political-sociological analysis, especially in societies where religion is a very important source of collective identity. In South Asian societies religion can, and often has, provided legitimacy to both governments and those who oppose them. This book examines the emergence of the BJP and the ways in which its Hindu nationalist agenda has been affected by the constraints of being a dominant member of a coalition government. The collected authors take stock of the party's first full term in power, presiding over the diverse forces of the governing NDA coalition, and the 2004 elections. They assess the BJP's performance in relation to its stated goals, and more specifically how it has fared in a range of policy fields - centre-state relations, foreign policy, defence policies, the 'second generation' of economic reforms, initiatives to curb corruption and the fate of minorities. Explicitly linking the volume to literature on coalition politics, this book will be of great importance to students and researchers in the fields of South Asian studies and politics.
    • The Pakistan-US Conundrum: Jihadists, the Military and the People - The Struggle for Control

      Samad, A. Yunas (2011)
      Presents an analysis of Pakistan that features five players: the people, the army, the Islamists, the politicians and the Americans. This book explains how a series of alliances borne of political and strategic expediency between the US and the military have continually undermined the state to the extent that its very existence is in jeopardy.
    • Right to information and local governance: An exploration.

      Anand, Prathivadi B. (2011-02)
      This paper attempts to explore issues related to right to information (RTI) and RTI laws, in the context of local governance. The paper focuses on four case studies¿namely, India, Indonesia, Uganda, and Nicaragua¿to highlight some of the complexities in campaigning for RTI laws and in implementing them. Based on these, a framework is developed as a tool to map alternative approaches to making local governance more effective and accountable. At present, there are two schools of thought: one focusing on supply-led or state-led mechanisms such as public expenditure tracking surveys, and the other focusing on a human rights-based approach with RTI law at its centre. The framework developed here suggests that these alternative approaches need not be considered mutually exclusive approaches but can be seen in terms of Dreze and Sen¿s argument of democratic institutions and democratic practice. Thus, activists can choose approaches that best suit a context at a given point in time as intermediate steps in the journey towards developing just and inclusive institutions.
    • Violence and urbanisation: The Kerala-Bihar paradox and beyond.

      Anand, Prathivadi B. (University of Bradford. Department of Development and Economic Studies,, 10/07/2009)
      Abstract: The aim of this paper is to examine the alleged association between urbanisation and violence and to take some preliminary steps towards an exploration of the role of trust in improving urban governance and thus reduce violence. In this paper, violence is interpreted broadly to include both active or direct violence but also passive and social violence in terms of lack of voice, and as a symptom of governance failure. The paper includes a cross section analysis based on data for some 123 countries and an in-depth case study of India. I will also examine what may be termed as the Kerala-Bihar paradox. Kerala is well-known for its achievements in human development and according to India human development report of 2001, Kerala is ranked 1 on human development indicators while Bihar is among the states lagging behind in terms of human development. However, state level analysis of crime suggests that Kerala is more criminalised than Bihar. In examining this paradox, some inferences are drawn on the role of trust in improving accountable governance and how this may result in reducing violent crime. Some issues for further research are identified.