Hierarchical Integration

The Dollar Economy and the Rupee Economy

Datos Bibliográficos

ID3884601
AutoresAnirudh Krishna (0000-0001-6178-0192, Public Policy Institute of California, autor de correspondencia), Jan Nederveen Pieterse (0000-0002-4631-3956, Center for Global Health)
Año2008
Volumen39
Número2
Páginas219-237
Fecha de publicación2008-03-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaDevelopment and Change (JOURNAL)
Identificadores de la revistaISSN: 0012-155X • E-ISSN: 1467-7660
EditorialWiley (PUBLISHER • GB)
DOI10.1111/j.1467-7660.2007.00477.x
OpenAlexW2164348479
IdiomaEN
Citas recibidas7
Referencias citadas29

While contemporary globalization makes the world more interconnected, it also reworks and builds on existing cleavages and uneven development. This is an under-researched dimension of the emerging twenty-first century international division of labour. The core question is whether new developments (associated with exports, offshoring and outsourcing) spin off to the majority in the countryside and the urban poor. This article examines the relationship between the dollar economy and the rupee economy in India. It documents the ways in which inequality is built into and sustains India's development. The authors discuss other instances of multi-speed economies and analytics that seek to come to grips with these relations, from combined and uneven development to global value chains. They present three ways of capturing contemporary inequality: asymmetric inclusion, enlargement-and-containment and hierarchical integration, each of which captures different dimensions of inequality

BRIC · Business · Economics · Economy · Emerging markets · Globalization · Inequality · Liberian dollar · Macroeconomics · Market economy · Offshoring · Outsourcing · Rupee · Value (mathematics) · Indian Economic and Social Development · Innovation and Socioeconomic Development · Political Economy and Marxism