This book develops a critical understanding of Mahatma Gandhi’s philosophy and practice in the context of contemporary challenges and engages with some of his key work and ideas. It highlights the relevance of Gandhi’s legacy in the quest towards peace-building, equity and global justice. The volume examines diverse facets of Gandhi’s holistic view of human life – social, economic and political – for the creation of a just society. Bringing together expert analyses and reflections, the chapters here emphasise the philosophical and practical urgency of Gandhi's thought and action. They explore the significance of his concepts of truth and nonviolence to address moral, spiritual and ethical issues, growing intolerance, conflict and violence, poverty and hunger, and environmental crisis for the present world. The volume serves as a platform for constructive dialogue for academics, researchers, policymakers and students to re-imagine Gandhi and his moral and political principles. It will be of great interest to those in philosophy, political studies, Gandhi studies, history, cultural studies, peace studies and sociology.

The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.

This book traces the journey of Mahatma Gandhi, from being a simple and truth-seeking human being, a satyarthi, to a committed, conscious and social human being, a satyagrahi. It specifically looks at this critical transformation during the time Gandhi was in South Africa. The central argument of the book is that Gandhi evolved from being a satyarthi to a satyagrahi in South Africa. Subsequently in India, he consolidated his orientation with an emphasis on praxis, by developing his ideas as instruments for social and individual struggles. Marked by a series of events, this period was an intense quest of self-realization and understanding, and shows his journey from being Mohandas Karamchand Gandhi to being Mahatma Gandhi. The book discusses various elements of Gandhian thought and praxis – morality, wisdom, non-violence, truth, social justice, dharma, trusteeship, education, sarvodaya, Hind Swaraj, swadeshi, and social service – and interprets the relevance of Gandhi’s thought in the modern world by highlighting its unique significance for social transformation and change. Lucid and accessible, the book will be useful to scholars and researchers of Gandhi studies, Indian political thought, modern Indian history, and political studies.

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.