Vamsi Vakulabharanam – författare

China and India have long been central to the world economy. Two and a half centuries ago, they contributed 50 percent of the world output; after suffering a decline thereafter, their share fell to a paltry 9 percent in 1950 but has since resurged to over 25 percent today. Their growth and inequality experiences have had strikingly similar trajectories following India's independence (1947) and the Chinese revolution (1949). This book offers novel insights by meticulously analyzing the Chinese and Indian inequality stories (1950–2010) through a class lens. Moreover, it locates their inequality stories within the larger contexts of Asian and global capitalism. Vakulabharanam demonstrates that the mutual interconnectedness between Chinese and Indian growth and inequality dynamics and the transformation and evolution of global capitalism is key to understanding the within-country inequality dynamics in both countries. The book thus offers a new framework on economic development and inequality that builds on and adds to the insights of Kuznets and Piketty.

China and India have long been central to the world economy. Two and a half centuries ago, they contributed 50 percent of the world output; after suffering a decline thereafter, their share fell to a paltry 9 percent in 1950 but has since resurged to over 25 percent today. Their growth and inequality experiences have had strikingly similar trajectories following India's independence (1947) and the Chinese revolution (1949). This book offers novel insights by meticulously analyzing the Chinese and Indian inequality stories (19502010) through a class lens. Moreover, it locates their inequality stories within the larger contexts of Asian and global capitalism. Vakulabharanam demonstrates that the mutual interconnectedness between Chinese and Indian growth and inequality dynamics and the transformation and evolution of global capitalism is key to understanding the within-country inequality dynamics in both countries. The book thus offers a new framework on economic development and inequality that builds on and adds to the insights of Kuznets and Piketty.

China and India have long been central to the world economy. Two and a half centuries ago, they contributed 50 percent of the world output; after suffering a decline thereafter, their share fell to a paltry 9 percent in 1950 but has since resurged to over 25 percent today. Their growth and inequality experiences have had strikingly similar trajectories following India's independence (1947) and the Chinese revolution (1949). This book offers novel insights by meticulously analyzing the Chinese and Indian inequality stories (19502010) through a class lens. Moreover, it locates their inequality stories within the larger contexts of Asian and global capitalism. Vakulabharanam demonstrates that the mutual interconnectedness between Chinese and Indian growth and inequality dynamics and the transformation and evolution of global capitalism is key to understanding the within-country inequality dynamics in both countries. The book thus offers a new framework on economic development and inequality that builds on and adds to the insights of Kuznets and Piketty.

This volume studies the outcomes of the two-way flow of investments and people between China and India, and Southeast Asia. These cross-border flows have led to new settlements in Southeast Asia from which new outlooks have emerged among locally born generations that have given rise to new forms of solidarity and identification.The advent of new generations of ethnic Chinese and Indians in Southeast Asia, with no ties to China or India, has spawned important debates about identity shifts which have not been registered by government leaders in Southeast Asia, China and India, as reflected in policy statements and investment patterns. Identity changes are assessed in forms where they best manifest themselves: in social life and in business ventures forged, or unsuccessfully nurtured, through tie-ups involving foreign and domestic capital. A state-society distinction is employed to determine how the governments of these rapidly developing countries envision development, through state intervention as well as with the employment of highly entrepreneurial ethnic groups, and the outcomes of this on their societies and on their economies. The chapters were originally published as a special issue in The Round Table.

This volume studies the outcomes of the two-way flow of investments and people between China and India, and Southeast Asia. These cross-border flows have led to new settlements in Southeast Asia from which new outlooks have emerged among locally born generations that have given rise to new forms of solidarity and identification.The advent of new generations of ethnic Chinese and Indians in Southeast Asia, with no ties to China or India, has spawned important debates about identity shifts which have not been registered by government leaders in Southeast Asia, China and India, as reflected in policy statements and investment patterns. Identity changes are assessed in forms where they best manifest themselves: in social life and in business ventures forged, or unsuccessfully nurtured, through tie-ups involving foreign and domestic capital. A state-society distinction is employed to determine how the governments of these rapidly developing countries envision development, through state intervention as well as with the employment of highly entrepreneurial ethnic groups, and the outcomes of this on their societies and on their economies. The chapters were originally published as a special issue in The Round Table.

Wealth inequality is both extreme and persistent across much of the world, yet it remains poorly understood relative to income inequality and poverty alleviation. Bringing together original research on Brazil, India, and South Africa, this volume examines the processes through which elite groups accumulate and maintain disproportionate control over assets - through historically embedded social hierarchies, institutional arrangements, and political–economic processes. These middle-income, semi-industrialised societies combine extreme wealth with persistent poverty, making them revealing sites for analysing how inequality is actively produced, not merely inherited.Across nine chapters, the book traces the historical formation of wealth shaped by colonial legacies, racial and caste hierarchies, land regimes, and state formation, before analysing contemporary processes of elite continuities and reproduction. These include financialisation, asset ownership, legal and regulatory frameworks, urban development, and corporate control. Rather than treating elites as a numerical category (the “top 1%”), the contributors analyse elites as historically constituted and institutionally embedded actors whose wealth and power are produced within existing accumulation regimes, and who in turn act to stabilise, adapt, and extend those regimes over time.The volume develops a relational, comparative political economy of wealth inequality, showing that processes illuminated in the Global South also deepen analysis of wealth concentration globally. It will interest scholars and advanced students in development studies, political economy, sociology, economics, law, and global studies.