Articles by P Mohanan Pillai

Botswana's economic growth has been unique. It rose from the status of a newly independent underdeveloped state in the 1960s to become one of Africa's fastest growing countries by the 1980s. However, economic growth has not been accompanied by a corresponding improvement in development, especially with regard to education and health. Botswana's economy relies largely on its mineral and cattle wealth and its dependence on South African industry exercises a constraining influence on the country's future growth prospects.

The industrial pump manufacturing cluster in Tamil Nadu's Coimbatore district has undergone a qualitative transformation under liberalisation. This survey study highlights changes in terms of economic performance; inter-firm linkages; subcontracting networks; commercial links; cooperation and competition between firms and the influence of local institutions. Most changes have resulted from macro-policy changes at a higher level.

Some Lessons from Canada P Mohanan Pillai The ongoing recession and the crisis dimensions that the Canadian economy has reached do not seem to constitute a transitory phase. The present crisis would appear to be the outcome of the cumulative impact of a gamut of structural maladies the economy has inherited on account of the particular development strategy it followed A vicious circle of dependence has developed overtime which seems to be gathering pace among trade and investment dependence, the weak balance of payments, slow growth rate and declining manufacturing productivity in the Canadian economy, this paper is an attempt to understand the nature and significance of the structural features and factors that have contributed to the ongoing crisis in Canada IN the literature on foreign investment Canada once used to be considered a 'miracle' country that prospered by the free flow of foreign capital and foreign technology. However, today the county is referred to with a sense of despair; the image of Canada today is that of an economy pauperised by the same forces which once generated the so-called miracle of prosperity.

Technology Transformation: Role of Pricing P Mohanan Pillai STRATEGIES for technology transformation in developing countries are widely debated in national and international forums. Governmental intervention in technology acquisition

P Mohanan Pillai J Srinivasan Given the capacity utilisation two major factors are alleged to contribute to low poductivity of Indian industries. They are (I) over-manning of the existing capital stock leading to an increase in the capital-labour ratio, and (2) the presence of old capital stock, i e, prolonging the life of capital to the extent of outliving its economic utility. It is because of the latter that the impression that our machine tools are obsolete has received credence though this hypothesis has not been empirically tested. In the light of data provided by the machine tool surveys this paper attempts to determine the age of machine tools in India. Though productivity of this industry is stagnant or falling, Indian machine tools are of relatively newer vintage. This phenomenon of young machine stock and low productivity can be explained in terms of the strategy of diversification, import of technology and organisation of production.