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

Search for Inclusive Growth amidst Exclusive Appropriations in Manipur

In its predominant preoccupation with corporates and businesses, the strategy literature neglects policies in the governance arena. Problems of market failures in the provisioning of private and public goods are known. Less discussed are Scitovskian "double market failures", where neither government nor market can create and sustain institutionalities for safe, secure and reliable transactions due to pecuniary externalities. The most problematic are situations where concern for inclusive growth coexists with exclusive appropriations over long periods and problems defy solutions, being neither cyclic nor structural. This paper cites evidence from precisely such a breakdown in Manipur to examine this third category of systemic failures which are "treble failures" characterising situations where a nexus of stakeholding contracts to underpin strategy is infeasible, fragile or highly vulnerable.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

649for India

$20for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top