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There are two important determinants in the banking system which directly affect the number of credit deliveries to the economy in the first round and impact the growth and developmental status of the economies in the second round. They are the amount of non-performing assets (NPA) and the number of banking funds invested in the governments’ securities. The present chapter, thus, focuses on the trends of these two and their associations with the credit, GDP and human development of the countries. First, it develops a basic theoretical structure of credit creation in the banking system and then develops theoretical linkages among the two lead variables, NPA and investment, in relation to the rest of the economy. Then, it goes for empirical exercises from the perspectives of the descriptive statistical analysis. The trends of NPA and investment show rising trends in almost all countries. Furthermore, it is found that the signs of correlation coefficients between the two with credit, GDP and HDI are positive in most cases of the list of developing countries and negative in some cases of the list of developed countries.

Non-performing assets (NPAs) are classified as loans and advances which are in default, either refund of principal or interest payments are not duly met. This not only leads to dishonour of loan agreement from the recipients' point of view but also huge NPAs result macroeconomic instability and economic crisis. The financial crisis may create hindrances towards achievement of sustainable development of an economy. Keeping NPA in balance sheet portrays lacunae in management of the lender. The non-recovery of interest and principal reduces the lender's operating cash flow, which upsets the budget and drops the earnings. Statutory provisions, set aside to cover probable losses, reduce the income further. When the non-recovery is determined to be definite in nature, they are written off against earnings of the lending institution. Thus, presence of NPAs in balance sheet gives a distress signal to the stakeholders of the lending institution. Under this consideration, the present study will look upon some of these issues related to NPA management in Indian banking sector. The main objective of this study is to discuss the nexus between the NPA of Indian scheduled banks for priority sector, non-priority sector and public sector and the gross domestic product (GDP) of Indian economy for the time period 2005–2020. To study this objective, the ratio analysis and the trend analysis of NPA of three sectors and GDP of Indian economy over the given time frame have been done. Finally, some policy prescriptions regarding achievement of sustainable development after taking into account NPA management of an economy have also been proposed.

The values and trends of the credit–deposit (C-D) ratio in countries and the states within them depend on several factors. Two such factors that the present study considers are the banks’ loanable funds locked under the heads of non-performing assets (NPA) and governments’ securities investments. Increases in the amounts of NPA and securities investments usually lead to a decrease in the allocations of bank credit to real investment purposes, such as industrial, service and agricultural activities and vice versa. On this background, this chapter examines the trends in bank credit in relation to the NPA and securities investments in the states of India and tries to find out the real cause of concern on the falling trends in the C-D ratio in the post-banking reform phase. We may now summarize that the falling C-D ratio or the rising quantity of flight of credit to the real sectors is closely associated with the banks’ investment of extra amount on securities over their statutory limits. This study finds that the NPA ratio at all-India levels is gradually declining while the investments on securities are increasing during the post-reform period. Such a craze behind this investment has an inevitable effect on the magnitude of credit delivery to the commodity-producing sectors. This means that the NPA threat is not a real threat to explain the downward trend of C-D ratio but the magnitude of security investments in both the central and state governments is a real threat and the downward trend of the C-D ratio is the result of this fact. Even though banks are safe in terms of their returns, the scenarios are not good for the rest of the economy as it creels their sustainability.

This chapter reviews the economic turn in criminology to contextualise the prominence of market rationalities in penal privatisation and outsourcing in England and Wales. It illuminates how fiscal crisis and austerity have provided opportunities for transferring state penal assets and powers to private interests on an unprecedented scale. A series of scandals relating to fraud and mismanagement by private companies have revealed regulatory gaps and wilful oversight on the part of legislators. These factors virtually guarantee that state regulators will continue to be disadvantaged in asserting the public interest.

The chapter brings together the literatures on prison privatisation with theoretical critiques of neoliberal influences on state disaggregation. It applies those insights to recent trends and controversies surrounding the privatisation of prison and probation services in England and Wales.

The race to privatise more prisons and resettlement provisions in England and Wales is placing additional strains on an already inadequate regulatory system, which virtually guarantees that future scandals and crises relating to private sector custodianship will recur.

This chapter explores the under-appreciated criminogenic and governmental challenges to the regulatory environment which are brought about by outsourcing.

This chapter provides an overview of the policies that taxi and ridesourcing regulators in the USA and around the world have adopted in response to the COVID-19 pandemic and the recovery from it, including regulatory actions and measures to protect driver and passenger safety and health, as well as various efforts intended to provide economic relief and assistance. This chapter raises the issue of guidance versus regulatory mandates by transportation officials, and what issues need to be further researched and evaluated for permanent implementation and/or to prepare for any resurgence of this or other pandemics.

This chapter explores the unknown territory of a lost project: an ethnography of a public swimming pool. The discussion is contextualised within my broader sociological theory of ‘nothing’, as a category of unmarked, negative social phenomena, including no-things, no-bodies, no-wheres, non-events and non-identities. These meaningful symbolic objects are constituted through social interaction, which can take two forms: acts of commission and acts of omission. I tell the story of how this project did not happen, through the things I did not do or that did not materialise, and how I consequently did not become a certain type of researcher. I identify three types of negative phenomena that I did not observe and document – invisible figures, silent voices and empty vessels – and, consequently, the knowledge I did not acquire. However, nothing is also productive, generating new symbolic objects as substitutes, alternatives and replacements: the somethings, somebodies and somewheres that are done or made instead. Thus finally, I reflect on how not doing this project led me to pursue others, cultivating a different research identity that would not otherwise have existed.