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Affirming the roots

Grietjie Verhoef.

in The Power of Your Life

October 2018; p ublished online December 2018 .

Chapter. Subjects: Business History; Political Economy. 27050 words.

Sanlam returned to insurance and the delivery of value-adding financial services by disposing of a large investment in a banking company, thereby freeing up its capital for financial...

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Capital and Capitalism

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 9396 words.

The chapter summarizes the nature of capital and capitalism. The chapter also highlights concepts related to the role of the State in economic activity, and the nature of industrial policy....

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Final Thoughts

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 10503 words.

The chapter sums up the evidence and concludes that India’s industrial performance has been sub-par. Given India’s uninspiring industrial performance, three ameliorative reforms, an...

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Forty years: protection, isolation, and diversification, 1945–1985

Grietjie Verhoef.

in The Power of Your Life

October 2018; p ublished online December 2018 .

Chapter. Subjects: Business History; Political Economy. 29654 words.

In tandem with international economic growth, Sanlam displayed progressive growth in the insurance and investment markets between 1945 and 1985. In a period of mounting political opposition...

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Growing opportunity on African soil

Grietjie Verhoef.

in The Power of Your Life

October 2018; p ublished online December 2018 .

Chapter. Subjects: Business History; Political Economy. 18977 words.

White South Africans were equally divided amongst themselves as the people of colour were divided amongst themselves at the beginning of the twentieth century. After the devastation of the...

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History and Background

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 10755 words.

The chapter summarizes details of political and institutional contexts for post-independence growth. India was severely impoverished in the period from 1900 to 1947, and per-capita growth...

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India’s Growth Story

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 16421 words.

The chapter assesses economic structure and India’s detailed growth patterns. Economic growth is a three-stage process, with the agriculture sector, manufacturing sector, and the services...

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India’s Mixed Economy Experiments

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 13904 words.

This chapter describes the evolution of India’s industrial structure. Unlike industrialization carried out through large state-owned firms, or industrialization through a cadre of large...

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Lost Glory

Sumit K. Majumdar.

July 2018; p ublished online August 2018 .

Book. Subjects: Political Economy; Business History. 336 pages.

Lost Glory: India’s Capitalism Story describes India’s industrialization experiences. Questions about long-term industry and productivity evolution, and their impact on...

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Managing change: diversification and transformation, 1993–2003

Grietjie Verhoef.

in The Power of Your Life

October 2018; p ublished online December 2018 .

Chapter. Subjects: Business History; Political Economy. 27114 words.

As global insurance markets experienced a shift out of life assurance into new wealth products, Sanlam faced the same trend. Demutualization required more free capital than commanded by...

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Organization Type and Productive Efficiency

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 11762 words.

The chapter highlights the structure of India’s industry and the performance of its constitutive components. The Molecular sector has employed a third of all people in industry. The Privatenull...

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The Power of Your Life

Grietjie Verhoef.

October 2018; p ublished online December 2018 .

Book. Subjects: Business History; Political Economy. 448 pages.

This book explores a century of business development in The South African Life Assurance Company, from a specific local focus to a national conglomerate expanding into global insurance...

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Productive Efficiency Analysis over Six Decades

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 14951 words.

This chapter contains an efficiency analysis for Indian industry from 1950–51 to 2013–14. Overall, there had been consistent growth in manufacturing employment over six decades, though by...

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Productive Efficiency and Growth

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 8426 words.

This chapter contains an assessment of the impact of industrial efficiency on India’s growth. Average growth rates had been 4.95%, and with a 1% rise in the efficiency score the resulting...

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Prologue

Sumit K. Majumdar.

in Lost Glory

July 2018; p ublished online August 2018 .

Chapter. Subjects: Political Economy; Business History. 7455 words.

The chapter summarizes the story’s conceptualization and contextualization. India was once the largest economy on earth. Contemporaneously, it accounts for a trivial portion of the world’s...

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Searching the soul

Grietjie Verhoef.

in The Power of Your Life

October 2018; p ublished online December 2018 .

Chapter. Subjects: Business History; Political Economy. 26757 words.

Growing divisions along political lines, and personal differences in management on different levels of Sanlam operations, landed the life office to engage in more non-life investment...

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Setting down the footprint: from war to war, 1919–1945

Grietjie Verhoef.

in The Power of Your Life

October 2018; p ublished online December 2018 .

Chapter. Subjects: Business History; Political Economy. 23382 words.

The first quarter of a century of Sanlam in the long-term insurance business was characterized by strong centralized bureaucratic management, an unmistakeably Afrikaner cultural hub at Head...

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Wealthsmiths™: a century later

Grietjie Verhoef.

in The Power of Your Life

October 2018; p ublished online December 2018 .

Chapter. Subjects: Business History; Political Economy. 19852 words.

During the last five of the first hundred years (2013–2018) of the life insurance company, the strategic repositioning as a financial services group has been the foundation of future...

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