Economics & Political Weekly(Epw) VOL 45 No. 46 Nov 13-19, 2010 read online/download

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  • Economic & Political weekly(epw) VOL 45 No. 46 November 13-November 19, 2010....

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    November 13, 2010
    EDITORIALS
    A Profitable Partnership
    Adarsh is symptomatic of the ongoing loot of Mumbai for the rich and powerful.

    SPECIAL ARTICLES
    When Is Secession Justified? The Context of Kashmir
    Neera Chandhoke
    Given the turmoil in Kashmir today, a number of right-thinking people have come to defend the right of the people of Kashmir to a state of their own; or more simply that the Kashmiri people possess the right of secession via the right of self-determi

    PERSPECTIVES
    End of a Phase: Time for Reinventing the Left
    Sumanta Banerjee
    The Communist Party of India (Marxist) and the CPI(Maoist) have, in their respective journeys, reached a blind alley. The impasse is not peculiar to the Indian situation

    DEALING WITH THE CAPITAL SURGE
    Time for Global Capital Account Regulations
    Jose Antonio Ocampo
    All the elements – reserves, exchange rates and capital flows – of the global monetary system need reforms. Capital flows, the third leg, call for capital account regulations in both developing and developed countries

    Capital Management Techniques for Financial Stability and Growth
    D M Nachane
    By refraining from imposing capital controls, India is today paying a high price in the form of a loss of autonomy in monetary policy, a reduction in the available fiscal space, and bouts of volatility in the foreign exchange and equity markets

    Managing Capital Flows, c.2010: Policy Options for India
    Renu Kohli
    With the emergence of a “two-speed” world in the aftermath of the 2008 crisis, financial flows are expected to flood emerging markets’ shores, including those of India which has positive growth and interestrate differentials vis-à-vis the advanced co

    EDITORIALS
    Focus on Risk Management
    The focus in the central bank’s second quarter review has been on containing risks.

    COMMENTARY
    Requirements of Justice
    Armin Rosencranz , Sairam Bhat
    Following the July 2010 district court verdict in the Bhopal gas leak case, the Supreme Court decided to re-examine its own 1996 ruling of light punishment to the accused

    BOOK REVIEWS
    Essays on Politics, Matriliny and the Media in Kerala
    Praveena Kodoth
    Media and Modernity: Communications, Women and the State in India by Robin Jeffrey (New Delhi: Permanent Black), 2010; pp 320, Rs 695.
    Filling Historical Gaps
    Meher Fatima Hussain
    Muhajirs and the Nation: Bihar in the 1940s by Papiya Ghosh (New Delhi: Routledge), 2010; pp i-xxx+140, Rs 495 (hardback).

    SPECIAL ARTICLES
    On the Delhi Metro: An Ethnographic View
    Rashmi Sadana
    The idea of a “mental landscape” is associated with a spatial understanding of modernity that has long been central to the scholarship on cities and to urban ethnography

    COMMENTARY
    Remembering Tapas Majumdar
    Binod Khadria
    Tapas Majumdar (1929-2010) was a firm intellectual rebel in his own way, evident in his initiative to set up the multidisciplinary Zakir Husain Centre for Educational Studies in the School of Social Sciences of the Jawaharlal Nehru University and in

    SPECIAL ARTICLES
    Current Status of Industrial Statistics in India: Strengths and Weaknesses
    G C Manna
    Different aspects of official industrial statistics in India for the organised/unorganised and large/medium/smallscale units in the industrial sector are collected from/by five different agencies – the Annual Survey of Industries, the Follow-up Estab

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