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

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Resistance to Market Regulation

Developing countries like Pakistan and many others face the challenge of taxing and regulating markets. Describing the textile sector in Pakistan at the turn of this millennium, this note discusses the push from international fi nancial institutions on Pakistan's national policy to regulate markets, and the resistance by the national capitalist class that find it in their interest to operate on traditional caste lines, thereby rejecting transparency of accounts and even taxation.
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