Market Manegarie

Market Menagerie examines technological advance and market regulation in the health industries of nations such as India, Brazil, South Africa, Nigeria, and China. Pharmaceutical and life science industries can reinforce economic development and industry growth, but not necessarily positive health outcomes. Yet well-crafted industrial and health policies can strengthen each other and reconcile economic and social goals. This book advocates moving beyond traditional market failure to bring together three uncommonly paired themes: the growth of industrial capabilities, the politics of health access, and the geography of production and redistribution. Reviews:Very interesting first hand research on the Indian biotechnology sector, and a fascinating review of diverse literature that the author connects in a unique way. This book speaks to the importance of integrating economic and social goals, which is particularly pertinent to developing countries."—Halla Thorsteinsdottir, Dalla Lana School of Public Health, University of Toronto"It often is presumed that economic development more or less automatically brings with it better medical care and health to the population of a country. The case of India reveals just how untrue this is. In this fine book, Srinivas describes (in fascinating detail) why recent rapid economic development in India has not led to broad improvements in health, and provides a rich analysis of what is needed for improvement."—Richard R. Nelson, Professor Emeritus and Director of the Program on Science, Technology, and Global Development at the Columbia Earth Institute, Columbia University"Smita Srinivas uniquely synthesizes three different perspectives in relation to developmental states: the provision of health services, the emergence of industrial economies, and the role of the state. Her highly original analysis constitutes a significant contribution to our understanding of the political economy of development."—Susan S. Fainstein, Harvard University and author of The Just City"The author brilliantly situates her examination in the tension between the human dimension of 'national health reform' and the challenges of 'global governance' for the multinational corporate health sector. This allows her to make discoveries that a less nuanced framing would not. This framing also extends the significance of the book well beyond the case of India."—Saskia Sassen, Professor, Columbia University, and author of Territory, Authority, Rights: From Medieval to Global Assemblages". With an emphasis on India, this book takes us inside the evolution of a critical sector: pharmaceuticals and biotechnology. Market Menagerie is an important reminder of the heterogeneity of states and markets that mediate the tension between industrialization and health access in developmental states."—Devesh Kapur, Director of the Center for the Advanced Study of India, University of Pennsylvania.

Related Content

The discussion elaborated on themes from Smita Srinivas's Market Menagerie: Health and Development in Late Industrial States—a far-reaching analysis of technological advance and market regulation of the biotech and pharmaceutical industries in India, Brazil, China, Nigeria, and South Africa—as a springboard into the difficult responsibilities of reporting across media and cultural divides.

Conferência Internacional "Public Policy for Oil and Gas"

A  successful dialogue on the oil and gas industry, energy and development, and what public policy must focus on

View full conference here



There is historical evidence linking waves of migration with the fortunes of nations in different industries.  Post WWII German and other European immigration to the US and the subsequent boom in several sectors; Indian immigration of professional classes of doctors and engineers to the US from the 1950s and then a new wave of computer industry workers later; and now also Syrian and other doctors and engineers, natural scientists and economists moving to Europe.

But health technologies have indeed transformed the industry, allowed several developing countries immense gains in healthcare, and for most industrilizing economies, opportunity for patients and welfre states to buy into wider technology options.

See TCLab-related research on the health industry, where industrial policy plays a critical role in how cheap or expensive healthcare is. Read the award-winning book Market Menagerie by Smita Srinivas.