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

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Trend in Tax Devolution

LETTERS Issn 0012-9976 Ever since the first issue in 1966, EPW has been India’s premier journal for comment on current affairs and research in the social sciences. It succeeded Economic Weekly (1949-1965), which was launched and shepherded by Sachin Chaudhuri, who was also the founder-editor of EPW...

When Did the 'Hindu' Rate of Growth End?

A new orthodoxy holds that there is nothing unusual about economic growth after 1991-92, since comparable growth rates were witnessed during the 1980s prior to the 1991 reforms. However, the incipient or first phase of liberalisation began in 1974-75, and not in 1980, as a response to a crisis of enormous proportions in the economy. Treating 1980 as the year that marked the end of the "Hindu" rate of growth is an artefact of the unwarranted homogenisation of the entire history of economic growth prior to that year, and is misleading as to claims about economic liberalisation.

Economic Globalisation and Its Advance

Economic globalisation has made tremendous strides in recent decades as evidenced in the huge expansion in world exports, vast FDI flows and transnationalisation of production, among other factors. The first wave of globalisation was witnessed on a massive scale in the 19th century. However, there are several parameters distinctive to the contemporary process of globalisation, making it the kind of deep integration that was not seen in the previous period.

Opening Up and Openness of Indian Economy

An essential task prior to any analysis of the costs and benefits of globalisation is to determine exactly the extent of international integration of a specific economy. In the case of India, while there has been a significant advance in the country's external integration compared with its own past record, the advance has been modest and gradual and decidedly suffers in comparison with that of most of the other countries studied in this paper.

Business and India s Economic Policy Reforms

Baldev Raj Nayar In discussing the response of Indian business to the economic reforms, this paper presents (i) a general overview of the changing business response over the period since the initiation of the reforms; (ii) an analytical exploration of the factors underlying the particular pattern of business response: and (Hi) a review of the overall strategy of business to cope with the challenge presented by the reforms.

Globalisation, Nationalism and Economic

Policy Reform Baldev Raj Nayar The recent wave of economic policy reform in the developing world has been seen as a necessary consequence of a changed world economic system. Though the key feature of the changed world economy is the element of the heightened economic globalisation, it has not led to weakening of economic nationalism. This article argues for arriving at a new balance in the interaction between these two social forces influencing economic policy reform wherein the state and market are not seen as adversaries but as partners in economic development.

Rhetoric and Performance under Aviation Bilateralism-Case of India

Aviation Bilateralism Case of India Baldev Raj Nayar The international aviation regime based on bilateralism and reciprocity between states has provided a normative umbrella to third world airlines, under which at least in theory, the interests of these airlines were protected on the basis of fair and equal opportunity. Even under such a regime the third world airlines have performed dismally in terms of market share and profits.

United States and India New Directions and Their Context

November 5-12, 1977 of Agriculture, March 26, 1977, and Kathleen Gough "The Green Revolution in South India and North Vietnam", mimeo, 1977. 12 G Patnaik and R Seetharaman 'Technological Aspects of Increasing Rice Production in India", ICSSR workshop on Paddy, mimeo,

India and the Super Powers-Deviation or Continuity in Foreign Policy

OVER the years, as a result of a clash of roles between the United States as a superpower and India as a middle power, a structure of alignment had developed by the mid-70s whereby the US was linked with China, Pakistan and Iran, while India was linked with the Soviet Union. 1 Although surface appearances are often deceptive, this structure of alignment seemed to have acquired a frozen quality, with the different partners apparently locked into somewhat rigid positions. Then in mid-March 1977 a momentous event occurred in India, resulting in a massive defeat for Prime Minister Indira Gandhi and the ruling Congress party by the Janata party consisting of a leadership that she had put in jail prior to the elections.

American Policy Towards India The Larger Framework

Framework Baldev Raj Nayar The state of general relations between any two countries is most fundamentally defined by their strategic relationship. The latter constitutes, as it were, the ' understructure', disciplining the Superstructure' consisting of inter-state relations in the economic, cultural and political spheres. In the relations between a global power like the United States and a middle power like India, three strategic policies are open to the global power: containment, satellisation, and accommodation.

Sikh Historiography

A History of the Sikhs, Volume 2: 1839-1964 by Khushwant Singh; Princeton University Press; 395 pp, Rs 75. THIS two-volume work of the noted man of letters, Khushwant Singh, constitutes an outstanding survey of Sikh history. It is a work of tremendous industry and diligence, and provides a comprehensive and eminently read- able account of the history of the Sikhs "from their inception to the present day". Supported by the Rockefeller Foundation, the publication is based on research in archives and libraries on the Indian subcontinent as well as in Canada, the United States and the United Kingdom. The author has drawn heavily on original sources not only in English but also in Gurmukhi and Persian. He has also effectively utilised information obtained in personal contacts with Sikh leaders and groups in India and abroad.

Hindi as Link Language

Baldev Raj Nayar Regardless of any initiative on the part of the Central Government, many social forces seem to be working for the spread of Hindi as a link language.

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