Halting the March of Fascism in Europe
Jul 15th 2024, Prabhat Patnaik
The coming to power of governments led by fascists is either a reality or a threat today over large parts of the world. In Europe at present there are several countries where fascists are leading governments; France was on the verge of being added to this list, in which case it would have been the second major European power, after Italy, to have a fascist government.
India’s Balance of Payments: On borrowed time?
Jul 9th 2024, C. P. Chandrasekhar
Figures on India's balance of payments in financial year 2023-24, recently released by the Reserve Bank of India, have added to the hype on India's growth story.
The Danger of a Retail Credit Boom
Jul 9th 2024. C.P. Chandrasekhar and Jayati Ghosh
A persistent rise in the volume and share of lending to the retail sector could lead to vulnerability in a banking system that only recently overcame its bad loan problem.
How did Agricultural output Change under the Modi Government?
Jun 25th 2024. C.P. Chandrasekhar and Jayati Ghosh
The problems in agriculture have been reflected in slow growth of agricultural output in the years since 2011-12. Within this, the performance of particular crops and particular states may provide some insights into why cultivators have been upset with the Modi government.
Young Scholars Conference Political Economy of Contemporary South Asia
October 13-14, 2023 | Berkeley, United States
Jun 14th 2023.
Our key theme is the political economy of contemporary South Asia. At the core of these transformations are the fraught and so-called "truncated transition," where South Asian societies are not making the transition from farm to factory, but the rise of informal economies, industrial clusters, in-between agrarian-urban and peri-urban spaces force us to rethink familiar transition narratives and to eschew them in favour of more grounded theories.
Budget 2023-24

Budget 2023-24: Neither growth nor welfare friendly

Feb 8th 2023, C.P. Chandrasekhar

If we ignore the hype that accompanies and follows the presentation of the Centre's annual budget, there are principally two strands in it that have attracted attention.

Budget 2023-24: Ignoring the economy's basic problem

Feb 6th 2023, Prabhat Patnaik

The most outstanding feature of the Indian economy today is the sluggish increase in real consumption expenditure. Between 2019-20 and 2022-23 for instance the per capita real consumption expenditure has grown by less than 5 per cent which is less than the rate of growth of the gross domestic product.

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