ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Meenakshi TyagarajanSubscribe to Meenakshi Tyagarajan

Life in the Time of War

actually an advantage which helped her to Sri Lanka Voices from a War Zone get a better view of the conflict. She says edited by Nirupama Subramanian; in her Introduction,

Great Endeavours

 The Great Hedge of India by Roy Moxham; Constable, London, 2001; The Great Arc: The Dramatic Tale of How India Was Mapped and Everest Named by John Keay; Harper Collins, 2001;

School Story

School Story Meenakshi Tyagarajan D School Reflections on the Delhi School of Economics edited by Dharma Kumar and Dilip Mookherjee; Oxford University Press, 1995; pp 288, Rs 395.

Medieval Merchants

Meenakshi Tyagarajan Two Medieval Merchant Guilds of South India by Meera Abraham; Manohar Publications, New Delhi, 1989; pp xii + 273. THIS is a remarkable book. It is a work of deep scholarship in a specialised area by a non-professional. Meera Abraham is not a practising academic The blurb identifies her as the wife of a former Indian ambassador. The author's preface states that the project was almost completely self-financed, even though it required some trips abroad. The study has obviously taken many years of patient laborious work. Only total commitment to the subject could have sustained the effort a work of this nature requires.

Industrial Perspectives in Tamil Nadu

Tamil Nadu Meenakshi Tyagarajan A far from satisfactory trend is the considerable slackening of tempo of industrial activity in Tamil Nadu. The state's share in major projects in progress throughout the country is a mere 3.3 per cent

Rulers in Mufti

coverage and does indicate the effort to be objective, although it says little that is new. Paradoxically enough, much obstruction to Sharma, in the expression of his ideas, is caused by words. One great harm which TWcott Parsons did to social science is to start the vogue of writing in a manner which interferes with clarity. In his own terminology, this may be functional: legitimation may be more effective if it is couched in big and difficult words and phrases, even as priests use Sanskrit or Latin instead of the common man's language. However, for those, like us, who often use a foreign language, over which mastery is difficult if not impossible, love of big words poses the dual risk of lack of correctness and clarity. In any case, much more is lost than is gained by a style which expresses more the desire to impress than the writer's ideas. Consider the following passage, chosen at random from Sharma's article (p 226).

Story of a Bank

Complementarities in Terms of Resource Endowments, Industrial and Technological Capacities among Non-Aligned-and Other Developing Countries" from the National Industrial Development Corporation (NIDC of India. The study was brought out in 1979 and covered agro-induslries, leather, petro-chemicals, pharmaceuticals, iron and steel, capital goods industries and agricultural machinery and implements. Developing countries as a group can decide and agree on broad policy measures. Specific cooperation arrangements have to be worked out painstakingly among groups of interested countries on a sub-regional basis.3 The more industrialised of the developing countries, eg, Brazil, China, India, Republic of Korea, Mexico, etc, have indeed been active bilaterally both to provide capital flows and promote trade with other southern countries. Among the sub-regional groupings, PTA (Preferential Trade Area) in Africa has made some progress. According to one study,4 semi-peripheral countries, e g, those mentioned above, will be able to expand when the world economy contracts. "The semi-peripheral countries can usually expand their control of their own internal markets and at the same time strengthen their positions on the peripheral markets!' In the absence of an international economic order conducive to South-South cooperation, advantage will be taken of. such measures as countertrade to strengthen cooperation for mutual benefit. Peru recantly signed a countertrade agreement with Coda, a Brazilian trading company, trading the former's copper, zinc, manufactured goods and some oil for the latter's food, industrial equipment, raw materials and spare parts. Brazil has been paying for its oil imports through barter deals to the extent of 31 per cent in 1984 and a projected 70 per cent in 1985 and 90 per cent in 1986. Brazil has barter arrangements with China and Nigeria enabling it to import oil in exchange for everything from Volkswagen cars, guns and petrochemicals to Soybeans and coffee. India has for long had bilateral trade and payment arrangements with communist countries and could extend such arrangements to developing countries. Perhaps a trade and payments arrangement could be worked out within SARC (South Asia Regional Co-operation).

Deposits with Commercial Banks-A Profile

Deposits with Commercial Banks A Profile Meenakshi Tyagarajan This brief analysis of the place of commercial hunk deposits in the community's total financial savings suggests that bank deposits have predominated over other savings media because of certain special features peculiar to them and that this advantage is likely to persist.

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