Description : India has followed an idiosyncratic pattern of development, certainly compared with other fast-growing Asian economies. While the importance of services rather than manufacturing is widely noted, within manufacturing India has emphasized skill-intensive rather than laborintensive manufacturing, and industries with higher-than-average scale. Some of these distinctive patterns existed prior to the beginning of economic reforms in the 1980s, and stem from the idiosyncratic policies adopted after India's independence. Using the growth of fastmoving Indian states as a guide, we conclude that India may not revert to the pattern followed by other countries, despite reforms that have removed some policy impediments that contributed to India's distinctive path.
Description : India has followed an idiosyncratic pattern of development, certainly compared with other fast-growing Asian economies. While the importance of services rather than manufacturing is widely noted, within manufacturing India has emphasized skill-intensive rather than laborintensive manufacturing, and industries with higher-than-average scale. Some of these distinctive patterns existed prior to the beginning of economic reforms in the 1980s, and stem from the idiosyncratic policies adopted after India''s independence. Using the growth of fastmoving Indian states as a guide, we conclude that India may not revert to the pattern followed by other countries, despite reforms that have removed some policy impediments that contributed to India''s distinctive path.
Description : While many have celebrated India's accelerating economic growth, some have expressed concern about the distributional impacts of the growth process. Cognizant of the vulnerability of its large population below poverty, India's authorities have made faster and more inclusive economic growth the primary goal of their development strategy. This paper aims to document how the benefits of economic expansion were shared across the income distribution over the last two decades using disaggregate household level data. Experiences across Indian states suggest an important role for economic policy in shaping the inclusiveness of growth. States with higher financial development, more flexible labor markets, and higher average education experienced greater relative gains for the poor. Improving infrastructure may also lead to a growth process that is more inclusive of the poor.
Description : IMF research summaries on (1) oil market developments and the global economy (by Selim Elekdag), and (2) credit booms (by Marco Terrones); country study on India (by Helene Poirson); call for papers for November 2007 Jacques Polak Eighth Annual Research Conference; listing of contents of Vol. 54, Issue No. 2 of IMF Staff Papers; listing of recent IMF Working Papers; and listing of visiting scholars at the IMF during April-June 2007
Description : This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It finds that Asia's remarkable output growth over the past 40 years reflected both high investment, and rapid productivity increases. These factors were in turn supported by the region's relatively strong institutional and policy environment, which encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a number of key challenges: (i) implementing reforms to boost productivity in the increasingly important, but currently lagging, service sectors; (ii) providing policy support for continuing the shift of resources from agriculture to industry and services; (iii) strengthening policy frameworks in late-developing countries.
Description : Research summaries on (1) public investment, and (2) bank transaction taxes; announcement of forthcoming (November 2006) Jacques Polak Seventh Annual Research Conference; country study on Italy; listing of contents of Vol. 53, No. 2 of IMF Staff Papers, summary of recently published book entitled "Divergent Paths in Post-Communist Transformation: Capitalism for All or Capitalism for the Few?"; summary of (January 2006) Warsaw Conference on European Union (EU) enlargement and related flows of labor and capital; listing of recent IMF Working Papers; and listing of visiting scholars at IMF, January-April 2006.
Description : Many spectacular discoveries of archeaological significance have been made in the Indian subcontinent since the first appearance of Raymond and Bridget Allchin's book The Birth of Indian Civilization, for long the most authoritative and widely read text on its subject. Advances in related fields, particularly in geomorphology, palaeobotany and palaeoclimatology, have also radically altered our picture of the emergence of Indian civilisation. In The Rise of Civilization in India and Pakistan the authors have completely revised and rewritten their earlier work to present an integrated and dynamic account of human culture in South Asia. Drawing primarily upon the archaeological record, and supported by ethnographic, linguistic and historical evidence, the authors trace the origins and development of culture in India and Pakistan from its earliest roots in Palaeolithic times, through the rise and disintegration of the great Indus Civilization to the emergence of regional cultures, and the arrival and spread of Indo-Aryan speaking peoples. They conclude with the early Buddhist period and the appearance of city states right across Pakistan and North India, establishing the pattern of subcontinental unity and regional diversity that was to characterize the country henceforward. The authors have made every attempt to incorporate the results of the most recent research and their book is illustrated throughout with photographs, maps and line diagrams. Offering an original and stimulating perspective on the archaeology of the subcontinent, The Rise of Civilization in India and Pakistan will be invaluable to students of South Asian culture and early history. It will also appeal to anyone interested in historical geography, world prehistory and archaeology in general.
Description : Have you ever wondered what life was like in a Malay kampong in the old days? Or why practically all your Malay friends are Muslims? Well, the Malay culture is just one of the many cultures that have developed through the centuries. Although it originated in Peninsula Malaya, it has spread throughout Southeast Asia and beyond. Most Malays are Muslims and live their lives guided by teachings found in the Quran, the holy book of Islam. As part of the Asiapac Culture series, this book offers an overall look at the various aspects of this colourful culture. It covers topics such as the history of the people, their lifestyle, religious and cultural activities, culinary practices, etc. Such knowledge is essential in promoting mutual understanding and respect. So, if you want to learn more about this fascinating culture, this is the book to read!
Description : The renowned British novelist’s “casual and wittily acute guidance” on reading—and writing—great fiction (Harper’s). Renowned for such classics as A Room with a View, Howards End, and A Passage to India, E. M. Forster was one of Britain’s—and the world’s—most distinguished fiction writers, a frequent nominee for the Nobel Prize in Literature. In this collection of lectures delivered at Trinity College, Cambridge, in 1927, he takes a wide-ranging look at English-language novels—with specific examples from such masters as Dickens and Austen—discussing the elements they all have in common. Using a witty, informal tone and drawing as well on his extensive readings in French and Russian literature, Forster discusses his ideas in reference to such figures as Tolstoy, Dostoevsky, and Proust; explains the difference between “flat” and “round” characters and between plot and story; and ultimately provides an “admirable and delightful” education for anyone who appreciates the art of a good book (The New York Times).
Description : The revised and updated second edition of this book gives an in-depth presentation of the basic principles and operational procedures of general manufacturing processes. It aims at assisting the students in developing an understanding of the important and often complex interrelationship among various technical and economical factors involved in manufacturing. The book begins with a discussion on material properties while laying emphasis on the influence of materials and processing parameters in understanding manufacturing processes and operations. This is followed by a detailed description of various manufacturing processes commonly used in the industry. With several revisions and the addition of four new chapters, the new edition also includes a detailed discussion on mechanics of metal cutting, features and working of machine tools, design of molds and gating systems for proper filling and cooling of castings. Besides, the new edition provides the basics of solid-state welding processes, weldability, heat in welding, residual stresses and testing of weldments and also of non-conventional machining methods, automation and transfer machining, machining centres, robotics, manufacturing of gears, threads and jigs and fixtures. The book is intended for undergraduate students of mechanical engineering, production engineering and industrial engineering. The diploma students and those preparing for AMIE, Indian Engineering Services and other competitive examinations will also find the book highly useful. New to This Edition : Includes four new chapters Non-conventional Machining Methods; Automation: Transfer Machining, Machining Centres and Robotics; Manufacturing Gears and Threads; and Jigs and Fixtures to meet the course requirements. Offers a good number of worked-out examples to help the students in mastering the concepts of the various manufacturing processes. Provides objective-type questions drawn from various competitive examinations such as Indian Engineering Services and GATE.