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Globalization and Economic Development

Globalization and Economic Development

Essays in Honour of J. George Waardenburg

Edited by Servaas Storm and C. W.M. Naastepad

Globalization is widely regarded as a means not only of ensuring efficiency and growth, but also of achieving equity and development for those countries operating in the global economy. The book argues that this perception of globalization as the road to development has lost its lustre. The experience of the 1990s belied expectation of the gains, such as faster growth and reduced poverty, which could be achieved through closer integration in the world economy.

Chapter 14: Biological stress signals in the context of poverty studies: India 1970/95

Lalita Chakravarty

Subjects: development studies, development economics, economics and finance, development economics, post-keynesian economics


14. Biological stress signals in the context of poverty studies: India 1970–95 Lalita Chakravarty* 1. INTRODUCTION This is an attempt to align two sets of data. One set refers to the field of poverty studies. The other refers to biological ‘stress signals’ as indicated by mortality and fertility indicators. It is accepted as a convention in current discussions on poverty and destitution to leave the field of mortality studies as irrelevant for the study of poverty (Dasgupta, 1993). Biological stress signals of heightened mortality in particular have been relegated to either the field of epidemiology or, in special cases, the study of famines. It will be argued below that this neat separation of the two fields of study – mortality and poverty – is unwarranted in the present state of development. The geographical area chosen for our present purpose is the millet zone of India, that is, the four states of Gujarat, Karnataka, Maharashtra and Rajasthan, though an all-India picture is presented at the outset. The allIndia data set is used for two purposes, that is, to explain the methodology used in this paper and to align poverty and mortality data at the all-India level. The time period chosen is 1970 to 1995. Within this period, three sub* The author is deeply grateful to Professor K.L. Krishna of the Delhi School of Economics and has benefited from comments made by Jean Drèze and Suresh D. Tendulkar of the same institute. She would like to thank: Prof. Ram Ramaswamy of...

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