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Caste Networks in the Modern Indian Economy

In: Development in India

Author

Listed:
  • Kaivan Munshi

    (University of Cambridge)

Abstract

Social networks support diverse economic activities in developing countries, using the information and the social sanctions at their disposal to sustain cooperation and to solve market imperfections. In India, the natural unit around which networks would be organized is the endogamous (sub) caste or jati. Caste networks have, indeed, historically supported, and continue to support economic activity and mobility. While this provides a novel economic explanation for the persistence of caste in modern India, a balanced assessment of the contribution of these networks to growth and the macro economy must also account for the static and dynamic inefficiencies that they generate.

Suggested Citation

  • Kaivan Munshi, 2016. "Caste Networks in the Modern Indian Economy," India Studies in Business and Economics, in: S. Mahendra Dev & P.G. Babu (ed.), Development in India, edition 127, chapter 0, pages 13-37, Springer.
    • Handle: RePEc:spr:isbchp:978-81-322-2541-6_2
    DOI: 10.1007/978-81-322-2541-6_2
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    Cited by:

    1. Sampreet Singh Goraya, 2019. "How does Caste Affect Entrepreneurship? Birth vs Worth," Working Papers 1104, Barcelona School of Economics.
    2. Shreya Biswas & Upasak Das & Prasenjit Sarkhel, 2020. "Duration of exposure to inheritance law in India: Examining the heterogeneous effects on empowerment," Papers 2010.11460, arXiv.org.
    3. Mosse, David, 2018. "Caste and development: Contemporary perspectives on a structure of discrimination and advantage," World Development, Elsevier, vol. 110(C), pages 422-436.
    4. Roychowdhury, Punarjit, 2019. "Peer effects in consumption in India: An instrumental variables approach using negative idiosyncratic shocks," World Development, Elsevier, vol. 114(C), pages 122-137.
    5. A. R. Vasavi, 2019. "The Displaced Threshing Yard: Involutions of the Rural," Review of Development and Change, , vol. 24(1), pages 31-54, June.
    6. Goraya, Sampreet Singh, 2023. "How does caste affect entrepreneurship? birth versus worth," Journal of Monetary Economics, Elsevier, vol. 135(C), pages 116-133.

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