India's Socially Regulated Economy
AbstractBy far the larger part of the contemporary Indian economy - judged by measures as disparate as GDP and livelihoods - is not directly regulated by the state. It is regulated through social institutions. Social institutions express forms of power not confined to the economy. Macro-economic policy is implemented through their filters. In this paper some propositions derived from a large primary literature concerning the roles of gender, religious plurality, caste, space, class and the state are introduced. Liberalisation is argued to increase the tension between forces dissolving social forms of regulation and those intensifying them.
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Bibliographic InfoPaper provided by Queen Elizabeth House, University of Oxford in its series QEH Working Papers with number qehwps133.
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-07-15 (All new papers)
- NEP-CWA-2006-07-15 (Central & Western Asia)
- NEP-SOC-2006-07-15 (Social Norms & Social Capital)
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- Kennedy, Loraine, 1999. "Cooperating for Survival: Tannery Pollution and Joint Action in the Palar Valley (India)," World Development, Elsevier, vol. 27(9), pages 1673-1691, September.
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