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Globalization and Deregulation: Ideas, Interests and Institutional Change in India

Wednesday, October 16, 2013 - 4:15pm - 5:30pm
Columbia University Morningside Campus International Affairs Building, Room 1512

The Arnold A. Saltzman Institute of War and Peace Studies presents: "Globalization and Deregulation: Ideas, Interests, and institutional Change in India" with Rahul Mukherji, Associate Professor of the South Asian Programme at the National University of Singapore. Moderated by Jack Snyder, Robert and Renee Belfer Professor of International Relations, Department of Political Science, Columbia University, Member SIWPS.

Wednesday October 16th, 4:15pm - 5:30pm on the 15th floor of the International Affairs Building, Room 1512, 420 West 118th Street, New York City. Globalization and Deregulation makes a contribution to the literature on economic change by exploring the transition from state-led import substitution to deregulation and globalization in the worlds most populous democracy India. It proposes a largely endogenous tipping-point model of economic change driven by the power of economic ideas, which is in sharp contrast to the punctuated equilibrium model of sudden exogenous shocks that drive change. It reveals how ideas change within the state to generate a tipping point that transformed the institutions of economic governance. The best accounts of Indias political economy explain why the institutions of government intervention within a closed economy were locked in a state-led import-substituting equilibrium. These accounts reveal why the dominant interest groups or classes made political demands with substantial fiscal consequences. They do not engage with the issue of change. This book fills that gap in the literature. Rahul Mukherji is Associate Professor in the South Asian Studies Programme at the National University of Singapore, having earlier taught at the Jawaharlal Nehru University (New Delhi), the City University of New York and the University of Vermont (Burlington). He is editorially associated with journals such as Pacific Affairs, India Review and International Studies Review and has published in journals such as the Review of International Political Economy, the Journal of Asian Studies, the Journal of Development Studies and Pacific Affairs. Rahul has edited Indias Economic Transition published by Oxford University Press (2007, paperback 2010, 2011) and co-authored with Sumit Ganguly a book titled, published by Cambridge University Press (2011), which is being translated into Portuguese. Rahul holds a PhD in Political Science from Columbia University.