1,720,984 research outputs found

    Demonetization

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    On 8 November 2016, the Government of India embarked upon one of the most radical monetary interventions in modern times. It did so by instantly demonetizing 85% of its paper cash in circulation with just a few hours of notice. The radical nature of this intervention also has to be understood in the context of an economy that has always been centred upon cash payments, relatively little of which passes through the banking sector. To pronounce a cashless future in an economy where debit cards have become predominant is one thing, but to do so in the Indian context constituted a massive leap of faith. Given Prime Minister Narendra Modi’s close relationship with Silicon Valley entrepreneurs and the huge potentials of the Indian market for microfinance, it is hardly surprising that international commentators rushed to praise the bold vision being applied in the overnight shift to a cashless society, an agenda that is being widely promoted across much of the world. One year on, however, it has become evident that this momentous decision was an economic disaster. This chapter reflects upon India’s year of demonetization and provides a critical interrogation of the assumptions underpinning the cashless agenda

    Spaces of Consumption

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    "Transnational audiences: Media reception on a global scale," by Adrian Athique

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    Review of Adrian Athique, Transnational audiences: Media reception on a global scale. Cambridge: Polity Press, 2016, hardcover 69.95(ISBN9780745670218),69.95 (ISBN 978-0745670218), 24.95 paperback (ISBN 978-0745670225), $19.99 e-book (ASIN B01GTYJ4GG) (224p)

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    The politics of digital India: between local compulsions and external pressures

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    Transforming India into a digital state has been an objective of successive governments in India. However, the digital, by its very nature, is a capricious, multi-dimensional entity. Its operationalization across multiple sectors in India has highlighted the fact that the digital compact with publics in India is a two-edged sword. On the one hand, devices such as mobile phones have enabled access and efficiencies, and on the other, they have increased the scope for surveillance capitalism and the expansion of governmentality. The digital is at the same time a resource, commodity, and process that is absolutely fundamental to most if not all productive forces across multiple sectors. As a part of the Media Dynamics in South Asia series, this volume explores the making of digital India and specifically deals with the contradictions of an imperfect democracy, internal compulsions, and external pressures that continue to play crucial roles in the shaping of the same. Mindful of the key roles played by political economy and context and based on conversations with theory and practice, it makes a case for critical understanding of the digital embrace in India
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