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Alternative Models of Development Part-2

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    Alternative Models of Development Siby K. Joseph                                              Part -2   While discussing the alternative models of development we have analysed alternative models and concepts of development that has been developed within the basic framework of mainstream economics like the concept of Doughnut Economics was developed by British Economist Kate Raworth, Gross National Happiness Index of Bhutan, The Human Development Index developed by Mahbub ul Haq There are a number of concepts and models in this direction. But we will limit ourselves to the examination of couple of them like Inclusive Development Index, Institutional Economics, Specific Diseconomy, Post development Theory and the earth centric approach to development  Inclusive Development Index  In the context of growing disparity and division between the countries of North and South, the idea of inclusive growth became a popular concept in the discourse of development. The Inclusive D
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Nobel Peace Prize 2024

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    Nihon Hidankyo’s Quest for Nuclear Free World Earns 2024 Nobel Peace Prize Siby K. Joseph      T he year 2025 will mark the 80th anniversary of the catastrophic bombings of Hiroshima and Nagasaki.   It was o n 6 and 9 August 1945, the United States of America detonated two atomic bombs over the Japanese cities of Hiroshima and Nagasaki, respectively during the second World War.   The Hibakushas (survivors of the bombings of Hiroshima and Nagasaki) are part and parcel of the history of the atomic bombings of these cities. These victims are living testimonies of the actual impact of these weapons. I had the opportunity to interview one of the Hibakushas during my student’s days.  I realised how painful it was for a Hibakusha to recall that fateful day.   Their stories are stories of hope and determination who are tirelessly engaged to eliminate nuclear weapons. It is estimated that by the end of 1945, the bombing had killed 140,000 people in Hiroshima, and a further 74,000 in Nagasak
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Ivan Illich's address of January 1978 about the message of Gandhi's home at Sevagram, Wardha, India

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  The Message of Bapu's Hut                                           Ivan Illich      In January 1978, the famous thinker and man revolutionary ideas, Ivan Illich came to Sevagram to inaugurate a conference. During the stay he spent his maximum time sitting in Gandhiji's hut. He tried to imbibe the spirit of peace and expressed it in his inimitable style in his inaugural speech to the conference. Here is a unique tribute to the hut and what it stands for.  Friends:   Today in the morning while I was sitting in this hut where Mahatma Gandhi lived, I was trying to absorb the spirit of this concept and imbibe in me its message. There are two things about the hut which have impressed me greatly. One is its spiritual aspect and the other is the aspect of his amenities. I was trying to understand Gandhi's point of view in regard to making the hut, I very much liked its simplicity, beauty and neatness. The hut proclaims the principle of love and equality with everybody. Since
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Alternative Models of Development

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    Alternative Models of Development Siby K. Joseph  Part -1  While introducing the concept of development we have seen how this evolved in the post- second world war period . But one has to keep in mind that the world we live in today is entirely different from the post-war economy of 1944. The inadequacies and limitations of the mainstream development model developed in the post war economy have become more and more evident   than ever before. It led to search for alternative models and concepts of development even within the basic framework of mainstream economics. Even though for decades the Gross Domestic Product (GDP) remained as the main criterion in the hands of economists to measure economic development or growth of a country nowadays there is a growing realization that it is the high time to leave GDP behind. As a result of this realization exclusive pursuit of economic growth and rising incomes are no longer considered as main goals of development.   A number of new c
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Introducing the Concept of Development Siby K. Joseph

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    Introducing the Concept of Development Siby  K Joseph   As all of you know that  the International fellowship Program has four modules. Th first module is Global Sustainability      Challenges and Response: An Analysis. Th first unit is Development . We can’t   discuss about sustainability     without understanding the concept of development in the mainstream economics. The term development is used in different academic disciplines from management to health sciences. The very meaning of the concept of development differs according to the academic discipline. Here the focus is mainstream economics. Though the term development economics originated became a popular term in later times it was of concern of economists starting with Adam Smith who was the Father of Modern Economics. Adam Smith was an 18th-century Scottish economist, philosopher, and popularised the concept of economic policy of  laissez-faire   economy French term  laissez-faire   means  "leave alone" /  &qu
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