http://dspace.iimk.ac.in:80/xmlui/handle/2259/806 Tue, 12 May 2026 13:23:56 GMT 2026-05-12T13:23:56Z http://dspace.iimk.ac.in:80/xmlui/handle/2259/911 1. Editorial Pati, Rupesh Kumar The evidences of the impact of global warming in the recent years have been significant. Increase in the number of natural disasters like severe drought on one part of the world to devastating flood in the other part of the world clearly indicates the unintended side effects of rapid economic growth for human development. One of the reasons for these incidences have been attributed by the scientific community to the over exploitation of the natural resources for the benefit of mankind. Hence, the academic community as well as practitioners are exploring new ways to save our earth using various environment-friendly techniques and technologies. Energy sector in most of the developing countries is among the top ranked polluting sectors, primarily because of the over-reliance on coal-based thermal power plants. Given that the economic viability of cleaner sources of energy are still in question, especially in the developing world, a proper management of the production as well as distribution of energy has become very important. Decentralized energy management is one such attempt where energy is produced close to the point of consumption, rather than at a large plant elsewhere and sent through the power grid. This local generation reduces transmission losses and lowers carbon emissions.... IIM Kozhikode Society & Management Review 3(2) vii–viii © 2014 Indian Institute of Management Kozhikode Tue, 01 Jul 2014 00:00:00 GMT http://dspace.iimk.ac.in:80/xmlui/handle/2259/911 2014-07-01T00:00:00Z http://dspace.iimk.ac.in:80/xmlui/handle/2259/910 1. Editorial Mathew, A.F. How does one contextualize the question of globalization?Given the present state of the world and the existing deep economic and social crises, it is imperative that an ideological underpinning to every phenomenon is examined. However, a postmodernist perspective would demonstrate a suspicion to all-embracing systems of thought. This would include a suspicion of ‘totalizing theories’; an anti-foundationalism that rejects all claims to ‘absolute’ or ‘universal’ foundations of knowledge (Mathew, 2008). Postmodernism also stresses the heterogeneity and fragmented character of social and cultural ‘realities’. It also questions any attempts of any unified account of them.... IIM Kozhikode Society & Management Review 3(1) vii–xi © 2014 Indian Institute of Management Kozhikode Wed, 01 Jan 2014 00:00:00 GMT http://dspace.iimk.ac.in:80/xmlui/handle/2259/910 2014-01-01T00:00:00Z http://dspace.iimk.ac.in:80/xmlui/handle/2259/909 2. Electricity Governance in India Shankar Sharma Electricity governance and planning ought to have been two important areas of administration in India right since Independence, but unabated growth in demand, chronic power cuts, nature’s limits and global warming implications all have now made them critical to the all-round development of our communities on a sustainable basis. A rational analysis at how the Electricity sector in the country has performed since independence provides a disappointing picture: there is indifference to the consumers’ needs, inequity of access, financial mismanagement, lack of professionalism and frequent non-compliance with relevant laws. These conditions indicate the need for a paradigm shift in the way the sector is governed. Electricity planning seems to be based on archaic principles, insensitive to changing customer needs and the global warming context. This article recommends that both in governance and planning, effective stakeholder participation and regular consultations with the domain experts will help to address the major issues. System-wide measures such as efficiency improvement, demand side management (DSM), energy conservation and effective use of distributed renewable energy sources (REs), supported by micro grids and smart grids, should be the way forward. A number of national and international reports focusing on Power sector reforms have advocated this approach. IIM Kozhikode Society & Management Review 3(2) 109–122 © 2014 Indian Institute of Management Kozhikode Tue, 01 Jul 2014 00:00:00 GMT http://dspace.iimk.ac.in:80/xmlui/handle/2259/909 2014-07-01T00:00:00Z http://dspace.iimk.ac.in:80/xmlui/handle/2259/908 2. Flowback or the End of Globalization Paul Smith The processes of globalization have often been described by way of the metaphor of ‘flows’—flows of people, goods, capital or ideas. Since the recent worldwide economic recession the nature, direction and vectors of those flows have altered, such that it is time to talk about ‘flowback’ or even the end of globalization. Looking at flows of people and capital in particular, the article proposes that the changes brought about by the recession were always immanent in the processes of globalization itself and that the recession is best seen as a crisis of globalization. Even if a recovery is underway, the processes of globalization will have been altered forever IIM Kozhikode Society & Management Review 3(1) 1–9 © 2014 Indian Institute of Management Kozhikode Wed, 01 Jan 2014 00:00:00 GMT http://dspace.iimk.ac.in:80/xmlui/handle/2259/908 2014-01-01T00:00:00Z