Globalization has profound effects on national economies even as distinct national ‘models’ of capitalism remain. International and Comparative Business accessibly tracks the historical and socio-political contexts of the world's major countries on a chapter-by-chapter basis to the present day. The book provides a comprehensive, critical, yet concise introduction to each of the economies’ key features, including macro overviews as well as organizational and workplace-level analysis. Each chapter features learning objectives, in-depth interpretation and critique of key literature, and annotated further reading to allow readers to rigorously navigate their way through the wealth of material available for each country. This text is essential reading for students and researchers in the areas of international business and cross-cultural management, comparative political economy, and history.

India: A Turbulent Transformation

India: A turbulent transformation

Chapter Objectives

  • To explore the economic features and prospects of India – a ‘lower-middle income’ nation that today is widely described as an increasingly potent new force in global business
  • To describe the nature and legacy of India's colonial history
  • To explain the modernizing mission of Prime Minister Nehru and the system of planning he helped install
  • To account for the unravelling of this state-led, ‘organized’ development model and to explain the increasingly rapid liberalization of Indian economy
  • To explore India's recent economic achievements, especially its increasingly sophisticated insertion into global IT service industry, through off-shoring and outsourcing, and the forms of work and organization that are emerging in this sector
  • To conclude by documenting the rapid development of India since the 1990s ...
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