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The purpose of this paper is to introduce a conceptual framework for understanding and integrating future consciousness at a global level.
Abstract
Purpose
The purpose of this paper is to introduce a conceptual framework for understanding and integrating future consciousness at a global level.
Design/methodology/approach
This paper makes a case for transcendence beyond routine ways of teaching and learning by developing a holistic framework to examine educational practices and means.
Findings
Based on the ancient Indian Ashrama system, and borrowing from Taoist philosophy, a four segment Tao cycle framework is proposed to engage people across a transcendent learning arc.
Originality/value
This integrative conceptual framework is a possible lens through which the individual may project their own development throughout the life cycle. It offers a potential alternative, non‐Western diaspora for enhancing future consciousness.
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Debashis Mazumdar, Mainak Bhattacharjee and Jayeeta Roy Chowdhury
This chapter seeks to analyze the development across the length and breadth of the Indian financial system in the post-reform period, based on the “flow of funds” accounts…
Abstract
This chapter seeks to analyze the development across the length and breadth of the Indian financial system in the post-reform period, based on the “flow of funds” accounts estimates by RBI. Besides, this chapter also analyzes the integration of the Indian capital market with the stock markets of the United States, the United Kingdom, Japan, China, Hong Kong, and Singapore using the movements in their stock prices during 1998–2015. Moreover, this chapter is intended for examining the potential implication financial integration, particularly the financial openness of India, on volatility spillover and financial contagion in as much as these two issues have emphatic significance in the determination of the relevant policy roadmap. Our findings broadly confirms the expectations by revealing significantly positive correlations in stock prices, in returns to investments in stock markets, and in mean returns and risk. The integration of the capital markets is also manifested in the cyclical fluctuations of the stock price indices, signifying the underlying sensitivity to random shocks.
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Debashis Mazumdar and Santanu Bisai
Several factors have influenced the pattern of regional development in India. Among these factors, the incidents of terrorist activities, and the resultant disturbance in law and…
Abstract
Several factors have influenced the pattern of regional development in India. Among these factors, the incidents of terrorist activities, and the resultant disturbance in law and order which have caused serious harm to socioeconomic and business environment are supposed to be crucial. In this chapter, an attempt has been made to find out the extent of damage in economic activities as well as in the process of implementation of regional development programmes caused particularly by the “Maoist Movements” in the “Red Corridors” in India. The emergence of the activists of Maoist groups in some of the poorest districts of West Bengal, Bihar, Jharkhand, Chhattisgarh, and Telangana has given rise to this Red Corridor. In particular, the study attempts to bring into glare how the proneness to Maoist disturbance can jeopardize the objective in terms of fostering rural development in the backward regions of India through the formation of self-help groups (SHGs). In this study, the sample districts have been chosen from the drought-prone and backward regions of West Bengal. Further, these sample districts have been divided into Maoist-prone and non-Maoist-prone areas. The results show that the growth of SHGs formed particularly by the poor women of these areas under the rural development and self-employment program of the government was severely affected by the terrorist activities, and there is a positive correlation between the incidences of defunct SHGs (DSHGs) and the left-wing extremism in Maoist-prone regions of West Bengal during that period.
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Mainak Bhattacharjee and Debashis Mazumder
The chapter attempts to develop a micro-theoretic model to explain the genesis of trade war in light of the behavioral interdependence of two countries connected through…
Abstract
The chapter attempts to develop a micro-theoretic model to explain the genesis of trade war in light of the behavioral interdependence of two countries connected through international trade and, thereof, it analyses its welfare implication with respect to the countries at feud. In this regard, it is important to mention that the evolution of trade war herein has been articulated in terms of the retaliation of one country as reaction to the one time-tariff imposition by the other. The fundamental takeaways are twofold. First, how evolution of tariff war can be articulated in light two-stage game governments are coming to decide on tariff policy a priori, followed by second-stage featuring firms being decisive on the production level and then the games repeats where governments again come up to introspects if the a priori tariff rates are compatible with welfare optimization to be followed up by firms. Second, the nature of the ultimate fallout of the tariff retaliation will depend crucially on how welfare function of each country is paced with the country’s tariff policy.
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Suleyman Muftuoglu, Emre Cevikcan and Bulent Durmusoglu
The purpose of this paper is to support total productive maintenance implementers by providing a roadmap for autonomous maintenance (AM) preparation phase.
Abstract
Purpose
The purpose of this paper is to support total productive maintenance implementers by providing a roadmap for autonomous maintenance (AM) preparation phase.
Design/methodology/approach
The authors use the axiomatic design (AD) methodology with lean philosophy as a paradigm.
Findings
This is an exploratory research to find the most important factors in AM preparation phase. A decoupled AD design ensures an effective usage of training within industry (TWI) and the introduction of standardized work (SW). TWI provides value in importance it assigns to leaders, with its “train the trainers” approach and in preparing a training program. Besides being an effective training method, TWI job instruction (TWI JI) provides needed information infrastructure to front load operators SW and equipment trainings.
Research limitations/implications
Although AD, TWI and lean artifacts are generally field proven, the research is limited due to the lack of an industrial application.
Practical implications
In many real-life projects, companies do not know where to start and how to proceed, which leads to costly iterations. The proposed roadmap minimizes iterations and increases the chance of project success.
Originality/value
The authors apply AD for the first time to AM preparation phase despite it is used in the analysis of lean manufacturing. AD permits to structure holistically the most relevant lean manufacturing solutions to obtain a risk free roadmap. TWI has emerged as a training infrastructure; TWI JI-based operator SW training and the adaptation of JI structure to equipment training are original additions.
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