Abstract
In Chapter 3, I examined how observations of an ennui-inducing austerity in India’s precursory knowledge economy began to change in the second half of the twentieth century. The 1979 OECD intergovernmental report Interfutures: Facing the Future makes a number of startling predictions about India’s future potential for presence at the world level.1 In this report there is a glimmer of the counter-discourse undertaken by globals invoking India’s future enlightenment. First, the report, with great foresight, predicts a shift in global hegemony from the West to East and the gradual decline in the relative weight of the US in the world economy resulting in a questioning of the power of that country to be a regulator of the world economic system.2 The report predicts an irreversible shift occurring up until 2029.3 In light of this shift the present developed economies will have become a minority force in terms of population and world production.4 The economic crisis of 2008 appears to be an initial stage in just such a momentous shift as the BRIC takes centre stage in accounting for 10 per cent of global income, despite heavy bifurcation by inequality and demonstrable austerity in the socio-cultural landscape in comparison to the much-publicized excesses of the developed world.5
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Notes
M. A. Centeno and J. N. Cohen (2010) Global Capitalism: A Sociological Perspective (Cambridge: Polity), p. 21.
M. Featherstone (2002) ‘Cosmopolis: An Introduction’, Theory, Culture & Society, 19, 1–2, 1–16.
A. Toffler (1980) The Third Wave (New York: William Collins Sons), p. 354.
W. Mazzarella (2003) Shoveling Smoke: Advertising and Globalization in Contemporary India (Durham: Duke University Press Books), p. 6.
R. Kothari (1988) ‘Class and Communalism in India’, Economic and Political Weekly, 23, 49, 2589–92, p. 2589.
M. Mann (2004) ‘Torchbearers upon the Path of Progress: Britain’s Ideology of a “Moral and Material Progress” in India: An Introductory Essay’ in H. Fischer-Tiné and M. Mann (eds), Colonialism as Civilizing Mission (London: Wimbledon Publishing Company), 1–28.
J. Mishra (2006) ‘Relevance of Gandhism’ in S. K. Jolly (ed.), Reading Gandhi (New Delhi: Concept Publishing), 322–32, p. 325.
D. S. Kothari (1965) ‘Graduates for the Developing World’ in N. Calder (ed.), The World in 1984: The Complete New Scientist Series (Middlesex: Penguin Books), 67–9, p. 68.
N. R. N. Murthy (2009) A Better India: A Better World (New Delhi: Penguin Books India), p. 140.
N. Calder (1984) 1984 and Beyond (New York: Viking Press), p. 158.
V. S. Naipaul (2002) An Area of Darkness (London: Picador), pp. 44–5.
A. Mir, B. Mathew and R. Mir (2000) ‘The Codes of Migration: Contours of the Global Software Labor Market’, Cultural Dynamics, 12, 1, 5–33, p. 27.
S. Dasgupta (2008) ‘Success, Market, Ethics Information Technology and the Shifting Politics of Governance and Citizenship in the Indian Silicon Plateau’, Cultural Dynamics, 20, 3, 213–44.
S. Lakha (1999) ‘The State, Globalization and Indian Middle-Class Identity’ in M. Pinches (ed.), Culture and Privilege in Capitalist Asia (New York: Routledge), 251–75.
U. K. Varma and S. K. Sasikumar (2005) ‘External Migration and Remittances: Trends, Policies, Impact and Development Potential’ in C. Mackenzie (ed.), Labour Migration in Asia: Protection of Migrant Workers, Support Services and Enhancing Development Benefits (Geneva: International Organization for Migration (IOM)), 309–58, p. 317.
V. Gayathri (2002) ‘Rethinking High-Skilled International Migration: Research and Policy Issues for India’s Information Economy: The Tertiary Education Research Database’ in International Mobility of Highly Skilled Workers: From Statistical Analysis to the Formulation of Policies (Paris: OECD), 201–12, p. 204.
S. R. Shukla (2003) India Abroad: Diasporic Cultures of Postwar America and England (Princeton: Princeton University Press).
D. Farrell, N. Kaka and S. Sturze (2005) Ensuring India’s Offshoring Future (Boston, MA: Harvard Business School Publishing).
S. Radhakrishnan (2008) ‘Examining the “Global” Indian Middle Class: Gender and Culture in the Silicon Valley/Bangalore Circuit’, Journal of Intercultural Studies, 29, 1, 7–20, p. 10.
M. J. Gibney and R. Hansen (2005) Immigration and Asylum: From 1900 to the Present (Santa Barbara: ABC-Clio), p. 299.
B. R. Chiswick and T. J. Hatton (2003) ‘International Migration and the Integration of Labor Markets’ in M. D. Bordo, A. M. Taylor and J. G. Williamson (eds), Globalization in Historical Perspective (Chicago: University of Chicago Press), 65–120, p. 32.
M. A. Desai et al. (2009) ‘The Fiscal Impact of High-Skilled Emigration: Flows of Indians to the U.S.’, Journal of Development Economics, 88, 1, 32–44, p. 36.
A. W. Helweg (1987) ‘Why Leave India for America? A Case Study Approach to Understanding Migrant Behaviour’, International Migration (Geneva, Switzerland), 25, 2, 165–78.
M. P. Fisher (1980) The Indians of New York City: A Study of Immigrants from India (New Delhi: Heritage Publishers).
K. I. Leonard (1997) The South Asian Americans (London: Greenwood Press), p. 72.
S. Ahmed (2007) India’s Long-Term Growth Experience: Lessons and Prospects (New Delhi: Sage Publications India Pvt Ltd.), p. 81.
D. M. Lenard (2006) ‘Arcelor Mittal: The Dawn of a Steel Giant’, Asia Times Online (Hong Kong: Asia Times Online Ltd.) 27 June. http://www.atimes.com/atimes/Asian_Economy/HF27Dk01.html, accessed on 27 June 2006.
P. Marsh (2006) ‘Lakshmi Mittal Talks to the FT’, Financial Times (London: Financial Times Ltd.) 22 December. http://www.ft.com/cms/s/0/460f212e-8f62–11db-9ba3–0000779e2340.html, accessed on 23 December 2006.
N. Karmali (2000) ‘Values First’ (New Delhi: Seminar Publications). http://www.india-seminar.com/2000/485/485interview.htm, accessed on 23 March 2010.
E. Luce (2007) In Spite of the Gods: The Strange Rise of Modern India (New York: Doubleday).
W. Grimes (2007) ‘The Power and the Potential of India’s Economic Change’, The New York Times (New York: The New York Times Company) 17 January. http://www.nytimes.com/2007/01/17/books/17grim.html, accessed on 4 October 2008, p. 2.
D. Khanduja, V. Singla and R. Singh (2009) ‘Entrepreneurial Ambience of Engineering Education in India’, International Journal of Indian Culture and Business Management, 2, 4, 341–55, p. 341.
J. Dickinson and A. J. Bailey (2007) ‘(Re)Membering Diaspora: Uneven Geographies of Indian Dual Citizenship’, Political Geography, 26, 757–74.
P. Mishra (2006) ‘The Myth of the New India’, The New York Times (New York: The New York Times Company) 6 July. http://www.nytimes.com/2006/07/06/opinion/06mishra.html?pagewanted=all, accessed on 24 July 2009.
V. Wadhwa et al. (2007) ‘America’s New Immigrant Entrepreneurs’ (U.C. Berkeley: Duke University School of Information) 4 January http://people.ischool.berkeley.edu/~anno/Papers/Americas_new_immigrant_entrepreneurs_I.pdf., accessed on 8 June 2010.
M. Sharma, P. Bhalla and P. K. Das (2004) Pride of the Nation: Dr. A. P. J. Abdul Kalam: From Human to Superhuman — a Saga (New Delhi: Diamond Pocket Books (P) Ltd.), p. 115.
S. D. Rangnekar and D. B. Unny (2005) Realizing Brand India: The Changing Face of Contemporary India (New Delhi: Rupa and Co.), p. xii.
R. Venkataraman (2005) ‘Enabling the World’ in S. D. Rangnekar, D. Banerjee and E. P. Unny (eds), Realizing Brand India: The Changing Face of Contemporary India (New Delhi: Rupa & Co.), 12–19, p. 13.
S. Sassen (2008) ‘Two Stops in Today’s New Global Geographies: Shaping Novel Labor Supplies and Employment Regimes’, American Behavioral Scientist, 52, 3, 457–96, p. 464.
R. Halsall (2009) ‘The Discourse of Corporate Cosmopolitanism’, British Journal of Management, 20, s1, S136–S148.
T. F. Gieryn (2000) ‘A Space for Place in Sociology’, Annual Review of Sociology, 26, 463–96.
L. Fernandes (2004) ‘The Politics of Forgetting: Class Politics, State Power and the Restructuring of Urban Space in India’, Urban Studies, 41, 12, 2415–30, p. 2418.
J. L. Goldsmith and T. Wu (2006) Who Controls the Internet? Illusions of a Borderless World (New York: Oxford University Press), pp. 143–4.
S. Castles (2001) ‘Studying Social Transformation’, International Political Science Review, 22, 1, 13–32.
A. Pratt (2010) Austerity Business: 39 Tips for Doing More with Less (Chichester: John Wiley and Sons).
D. Kapur and J. McHale (2006) Sojourns and Software: Internationally Mobile Human Capital and High-Tech Industry Development in India, Ireland, and Israel (Oxford: Oxford University Press).
World Bank, World Development Report 1998/99 in A. Ong (2006) Neoliberalism as Exception: Mutations in Citizenship and Sovereignty (Durham: Duke University Press), p. 162.
K. Datta (2010) ‘Indovation!’ Business Standard (New Delhi: Business Standard Ltd.) 7 June. http://www.business-standard.com/india/news/indovation/397219/, accessed on 24 August 2012.
A. Karnani (2009) ‘Romanticising the Poor Harms the Poor’, Journal of International Development, 21, 1, 76–86.
J. R. Faulconbridge et al. (2009) ‘The “War for Talent”: The Gatekeeper Role of Executive Search Firms in Elite Labour Markets’, Geoforum, 40, 5, 800–8.
B. Groysberg, A. N. McLean and N. Nohria (2006) ‘Are Leaders Portable?’ Harvard Business Review, 84, 5, 92–100, p. 1.
D. Quinn (2004) The Irish in New Jersey: Four Centuries of American Life (Piscataway: Rivergate Books), p. 22.
H. J. Perkin (1996) The Third Revolution: Professional Elites in the Modern World (London: Routledge), p. 4.
N. Thrift (2008) ‘A Perfect Innovation Engine: The Rise of the Talent World’, Distinktion: Scandinavian Journal of Social Theory, 9, 1, 115–40, p. 128.
L. Soete (1985) ‘International Diffusion of Technology, Industrial Development and Technological Leapfrogging’, World Development, 13, 3, 409–22.
T. Birtchnell (2012b) ‘Elites, Elements and Events: Practice Theory and Scale’, Journal of Transport Geography, 24, 497–502.
S. K. Chakraborty and D. Chakraborty (2007) ‘The Economic Function in the Hindu Worldview: Its Perennial Social Relevance’, International Journal of Social Economics, 34, 10, 714–34.
G. E. Mathew (2011) India’s Innovation Blueprint: How the World’s Largest Democracy is becoming an Innovation Superpower (Cambridge: Woodhead Publishing).
P. Cappelli et al. (2010) The India Way: How India’s Top Business Leaders are Revolutionizing Management (Boston: Harvard Business School Publishing).
V. Rai and W. L. Simon (2008) Think India: The Rise of the World’s Next Superpower and What It Means for Every American (New York: Penguin Group).
J. Sen (2012) ‘Bullock Cart or Satellite Launch Vehicle? Controversies over Representing Science and Technology in India at the Science Museum in 1982’, South Asian History and Culture, 3, 3, 414–39.
K. Roberts (2012) foreword to Jugaad Innovation: Think Frugal, Be Flexible, Generate Breakthrough Growth by N. Radjou, J. Prabhu and S. Ahuja (San Francisco: Jossey-Bass), p. x.
N. Radjou, J. Prabhu and S. Ahuja (2012) Jugaad Innovation: Think Frugal, Be Flexible, Generate Breakthrough Growth (San Francisco: Jossey-Bass), p. i.
G. A. Oddie (2006) Imagined Hinduism: British Protestant Missionary Constructions of Hinduism, 1793–1900 (London: Sage Publications Pvt. Ltd.), p. 49.
S. D. Sharma (2009) China and India in the Age of Globalization (New York: Cambridge University Press).
J. Hanlon (1978) ‘India Builds a Truck’, New Scientist, 80, 1123, 35–6, p. 35.
B. S. Mitra (1995) ‘India’s Informal Car’ (New York). http://global.factiva.com/redir/default.aspx?P=sa&an=j000000020011025dr1v003ls&cat=a&ep=ASE, accessed on 14 September 2008, p. 10.
R. Jana (2009) ‘India’s Next Global Export: Innovation’, Businessweek (New York: Bloomberg) 2 December. http://www.businessweek.com/innovate/content/dec2009/id2009121_864965.htm, accessed on 3 December 2010, p. 1.
A. Krishna (2003) ‘What is Happening to Caste? A View from Some North Indian Villages’, The Journal of Asian Studies, 62, 4, 1171–93, p. 1175.
P. N. Thomas (2005) ‘That Persistent “Other”: The Political Economy of Copyright in India’ in B. Bel et al. (eds), Media and Mediation (London: Sage Publications), 436–64, p. 443.
G. Barrett (2006) The Official Dictionary of Unofficial English (New York: McGraw-Hill Companies), p. 198.
B. S. Mitra (2006) ‘Grasssroots Capitalism Thrives in India’ in 2006 Index of Economic Freedom (New York: The Heritage Foundation), 39–47.
S. Krishna and J. Holla (2009) ‘Relocating Routines: The Role of Improvisation in Offshore Implementation of Software Processes’ in R. Hirschheim, A. Heinzl and J. Dibbern (eds), Information Systems Outsourcing (Berlin: Springer-Verlag), 423–40, p. 426.
S. Talukdar (2004) ‘Makeshift Miracles: The Indian Genius for Jugaad’, The Times of India (New Delhi: Bennett, Coleman & Co. Ltd.) 1 January.
N. Nilekani (2008) Imagining India: The Idea of a Renewed Nation (New York: Penguin Books).
R. Mantri (2010) ‘The Jugaad Myth’ (Bangalore: Takshashila Institution). http://pragati.nationalinterest.in/2010/06/the-jugaad-myth/, accessed on 1 June 2010, p. 1.
R. T. Krishnan (2010) From Jugaad to Systematic Innovation: The Challenge for India (Bangalore: The Utpreraka Foundation).
R. Sagar (2009) ‘State of Mind: What Kind of Power Will India Become?’ International Affairs, 85, 4, 801–16, p. 812.
R. Bhoothalingam (2010) ‘Ways of Thinking: Psycholinguistic Reflections on Sino-Indian Relationships and Potentialities’, ORF Discourse, 5, 2, 1–8, pp. 6–7.
D. K. Dash (2010) ‘India Leads World in Road Deaths: WHO’, The Times of India (New Delhi: Bennett, Coleman & Co. Ltd.) 17 August. http://timesofindia.indiatimes.com/india/India-leads-world-in-road-deaths-WHO/articleshow/4900415.cms, accessed on 18 Aug 2009.
M. Husain, A. Haroon and A. Mazhar (2009) ‘A Study in Minutiae of Road Traffic Accidents and Associated Mortality within 72 Hours of Hospita lisation’, Journal of Indian Academy of Forensic Medicine, 31, 3, 189–95.
P. S. Ranade (2009) Infrastructure Development and Its Environmental Impact (New Delhi: Concept Publishing Company), p. 7.
M. Bahree (2010) ‘Innovation with a Dash of Paprika’, Forbes.com (New York: Forbes.com) 7 April. http://www.forbes.com/2010/04/07/india-pepsico-beverages-emerging-markets-sales-and-marketing-sanjeev-chadha.html, accessed on 24 August 2012.
D. Athavale (2010) ‘India’s Elite Find Gandhi Relevant in Today’s World’, The Times of India (New Delhi: Bennett, Coleman & Co. Ltd.) 25 September. http://articles.timesofindia.indiatimes.com/2010–09–25/pune/28218593_1_gandhiji-mahatma-gandhi-cricketer, accessed on 24 August 2012.
M. Reddy (2010) ‘Indo-Vation: Tapping the Indian Market’, Forbes India (New Delhi: Forbes India) 28 December. http://business.in.com/article/insead/indovation-tapping-the-indian-market/20222/1, accessed on 16 January 2011.
K. Nath (2008) India’s Century: The Age of Entrepreneurship in the World’s Biggest Democracy (New York: McGraw-Hill), pp. 4–8.
T. Birtchnell (2011) ‘Jugaad as Systemic Risk and Disruptive Innovation in India’, Contemporary South Asia, 19, 4, 357–72.
N. K. Kulkarni (2010) Why India is the Perfect Testing Ground for World Saving Innovations (Los Angeles: Good Worldwide Inc.). http://www.good.is/post/indovation-why-india-is-the-perfect-testing-ground-for-huge-break-throughs/, accessed on 14 September 2012.
Author information
Authors and Affiliations
Copyright information
© 2013 Thomas Birtchnell
About this chapter
Cite this chapter
Birtchnell, T. (2013). Austerity in the Spotlight. In: Indovation. Critical Studies of the Asia Pacific Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137027412_4
Download citation
DOI: https://doi.org/10.1057/9781137027412_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-43957-7
Online ISBN: 978-1-137-02741-2
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)