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

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State Regulation and Market Mechanism-Importance of Indian Experience for Russia

State Regulation and Market Mechanism Importance of Indian Experience for Russia O V Malyarov For India and Russia the basic problem is how to avoid globalisation of their economies and their subjugation to market forces in such a manner as might destroy essential national industries, cause mass unemployment and pauperisation of the population and reduce effective market demand to that of the rich few while leaving the demand of the bulk of the population for the essentials of life largely unsatisfied.

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