ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

25 Years Of Economic Liberalisation

25 Years Of Economic Liberalisation
Economic liberalisation is usually taken to mean a general "retreat of the state." This is erroneous. The state in a "liberalised regime" acts almost exclusively in the interests of globalised...
Indian economy and society are facing a tumultuous start to the 21st century. Statistics may show record-breaking growth rates since 1991. Yet, the truth is that formal employment, especially in the...
The reforms of 1991 and 1996 were branded pro-rich as people with better initial endowments benefited disproportionately from the significant positive impacts, thus exacerbating both income and...
Tracing the exchange rate policy post 1991, and particularly since 2007-08, it is argued that an exchange rate policy with an external account targeting approach is required to arrest the build-up of...
Although India has been "reforming" since 1991, almost nobody seems to be satisfied with either the progress or the outcome. The reformers need to put the economy's long-term interests above...
July 1991 was a momentous month in the contemporary economic history of India. The rupee was drastically devalued by around a fifth in two tranches in the beginning of that month, almost exactly 25...
Refuting the allegation that the 1991 reforms were thrust upon an unwilling government by the International Monetary Fund and the World Bank in return for financial assistance, it is argued instead...
Taking cognisance of India's long-run economic transition in the post-planning era, it is argued that the triad of neo-liberal globalisation, global capitalism and inclusive development has come to...
Challenging the notion that economic reforms have resulted in a non-interventionist neo-liberal state, the relationship between economic and social outcomes is examined. These outcomes result from...
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