The papers included in this volume cover several aspects of human capital. It starts with the role of human capital in influencing productivity, employment and growth of employment. The chapters show that Indian States that have been neglecting schooling and health facilities have become victims in terms of low productivity and lower rates of employment. Consequently, employment cannot be increased without spending on education and health. Furthermore, the unorganised sector in India canno...

This book reveals how Nextgen AI systems are revolutionizing the way businesses create value in what the authors call the Co-Intelligence revolution. Gone are the days of simply making and selling products or services. Now, humans and these AI systems combine to produce and use tokens of intelligence to craft interactive experiences, shifting value creation from mere transactions to dynamic, co-intelligent engagements.The authors introduce a groundbreaking paradigm of co-creatively...

Against All Odds: The IT Story of India is an insider's account and an anecdote-rich history of Indian IT over the last six decades. It taps into the first-hand experiences of Kris Gopalakrishnan and fifty other stalwarts who built and shaped the IT industry. This is a tale of persistence and resilience, of foresight, of planning and being ready when luck knocks on the door, of a spirit of adventure and, above all, of an abiding sense of faith in technology and the belief that it ...

In 2014, Prime Minister Shri Narendra Modi launched a monthly radio program, Mann Ki Baat. In a world dominated by social media and television, it seemed a strange choice. Little did the world realize what a masterstroke it was. By 2023, when he completed his hundredth episode, 1 billion people had listened to the show at least once!In this book, researchers from IIT Madras use policy advocacy frameworks and systems theory to analyze Mann Ki Baat and demonstrate that it has gone bey...

Defines the notion of an activity model learned from sensor data and presents key algorithms that form the core of the fieldActivity Learning: Discovering, Recognizing and Predicting Human Behavior from Sensor Data provides an in-depth look at computational approaches to activity learning from sensor data. Each chapter is constructed to provide practical, step-by-step information on how to analyze and process sensor data. The book discusses techniques for ...

In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty?Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: econ...

• Why is productivity higher in cities? • Does urbanization cause growth or does growth cause urbanization? • Do countries achieve rapid growth or high incomes without urbanization? • How can policy makers reap the benefits of urbanization without paying too high a cost? • Does supporting urbanization imply neglecting rural areas? • Why do so few governments welcome urbanization? • What should governments do to improve housing conditions in cities as they urbanize? • Are innovations in housin...

A bedrock American principle is the idea that all individuals should have the opportunity to succeed on the basis of their own effort, skill, and ingenuity.-Federal Reserve Chairman Ben BernankeIncome inequality has been on the rise since the late 1970s, but the economic and financial crisis of 2008 instigated an unemployment epidemic that dramatically compounded this problem in the United States and catapulted the issue to the center of debate. There is wide agreement across the po...

This book brings together analysis and insights from high-level Chinese policy-makers and prominent international scholars in addressing the key challenges China is facing in maintaining rapid growth and achieving the Government's stated goal of creating a harmonious society. It analyzes such key policy issues as: public finance and the changing role of the state; fiscal reform and revenue and expenditure assignments; inter-governmental relations and fiscal transfers; and financing and d...

Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by Régulation Theory, in order to understand the current transformations of the Asian economies. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour m...

Recent developments like the rising trend in crude oil price, the international economic crisis, the civil revolts in Northern Africa and the Middle East, the nuclear threat in Japan after the tsunami, the oil spill in the Gulf of Mexico and the economic growth of emerging countries like China and India have a direct relation to the security of energy supply anywhere in the world. This book provides a comprehensive analysis of energy risks, energy scenarios and energy policies with special...

Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the ori...