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

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Interpreting Environmentalism and Sustainability in China and India

Environmental Sustainability from the Himalayas to the Oceans: Struggles and Innovations in China and India edited by Shikui Dong, Jayanta Bandyopadhyay and Sanjay Chaturvedi, Switzerland: Springer International Publishing, 2017; pp 270, €150 (hardcover).

Sustaining the Liquid Mosaic

This critique assesses if the National Water Framework Bill 2016 and the Mihir Shah Committee report are truly interdisciplinary and based on the principles of integrated water systems governance. The question still remains whether the recommendations are enough to bridge existing gaps and address future challenges in water governance.

Opportunities and Challenges of Regulatory Convergence in India's Financial Sector

Various opportunities accompany the merger of the Securities Exchange Board of India with the Forward Markets Commission, as announced in the 2015-16 union budget. At the same time, important regulatory and developmental challenges have to be overcome for instilling efficiency in the market, along with promoting investor protection. Whether the merger is the beginning of financial market regulatory convergence or merely a "one-off" incident can only be known with developments over time. Similar types of opportunities and challenges may arise in generally adopting regulatory convergence in India.

Remembering Elinor Ostrom

A tribute to the economist, Elinor Ostrom, who went far beyond the public-private goods dichotomy to understand the evolution of societal frameworks and develop the institutions and development framework. She challenged the notion of "tragedy of the commons" and her fi eld experiments helped understand in some of the critical tenets of institutional analysis to provide the rationale behind citizens' abilities to craft institutions to cope successfully with commons in some settings though not in others.

Remembering Elinor Ostrom

Nobel laureate Elinor Ostrom's passing away is a major loss to academia and for all those committed to the idea of the "commons".

A Nobel for the Commons: A Tribute to Elinor Ostrom

The Nobel Prize in Economics co-awarded to Elinor Ostrom marks a rare departure from the traditional approach of the selectors which hitherto has been characterised by adherence to sub-disciplines more explicitly recognised as falling within the discipline of economics, rather than those that govern an economic system from its exterior, created at the interface of political economy, economics and social anthropology. This essay is a tribute to her work taking into consideration the implications of her thought in the context of governance of commons in general, and in south Asia in particular.

Holistic Engineering and Hydro-Diplomacy in the Ganges-Brahmaputra-Meghna Basin

The worldwide paradigm shift in river basin management has not affected policymakers in south Asia. Hydro-diplomacy in the Ganges-Brahmaputra- Meghna basin is still based on reductionist engineering, and looks at marginal economic benefits, without showing any concern for the long-run implications for livelihoods and ecosystem. The governments in the river basin are already facing the challenge of extreme poverty, despite the countries experiencing high levels of precipitation. This paper discusses the lacunae of the reductionist engineering paradigm, and stresses the need for a holistic framework in ecological engineering and for hydro-diplomacy in the basin. This framework is based on a new transdisciplinary knowledge base created by the emerging science of eco-hydrology, economics, and new institutional theories.

A Market, So 'Natural'!

interested in the history of the development of social sciences in India, but will also be a useful source for future generations of sociologists and social anthropologists.

Commodity Transaction Tax: A Recipe for Disaster

The commodity transaction tax announced in the 2008 Union Budget will prove counterproductive for it will provide little revenue for the government and at the same time, unsettle the commodity derivative market.

More on Futures Trading and Commodity Prices

This article critiques 'Impact of Futures Trading on Commodity Prices' by Golaka C Nath and Tulsi Lingareddy, pointing out theoretical and econometric flaws in addition to fallacies about volatility.

Research in Engaged Social Sciences: A Few Concerns

An informed market for theoretical research, a good doctoral programme, cross-deputation of teachers and researchers, proper incentives, adequate funding, the availability of data in the public realm, and competent administration are some of the necessary conditions for the generation of quality research in the social sciences. Bilingual research makes no sense in today's world.
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