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

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Third World Industrial Enterprises-Export of Technology and Investment

Export of Technology and Investment Peter O'Brien This paper examines some of the causes and consequences of the growth in international operations of LDC enterprises.

Troubled Waters

rule with greater legitimacy, the prime minister has been blaming all her failures on the 'mess' that the previous regime is supposed to haveleft behind, ignoring that the Janata too-had inherited a 'mess' from the Congress.

US Food Complexes and Multinational-Corporations-Reflections on Economic Predation

Corporations Reflections on Economic Predation Frederick F Clairmonte Oligopolistic capitalism in its ultimate conglomerate phase is marked by its omnidirectional predatory qualities, its inherent and irreversible annexationist thrust. The giant 'food' industrial complexes in the United States have thus, over time, absorbed enterprises engaged in farming, agrochemicals, farm machinery, food processing, wholesaling and retailing, transport and real estate and even multinational banking.

Trends in Agriculture in India, 1949-501977-78

There has been a decline in the rate of growth of cross sown area, in particular under non-food crops, in the decade starting from 1967-68 compared to the fifteen years ending in 1964*65, but the output (and yield per unit of area) of food crops and all crops grew more or less uniformly over the entire period 1949.50 to 1977-78 with no evidence of either acceleration or deceleration since 1967-68.

World Tobacco Dynamics of Oligopolistic Annexationism

This paper examines the origins, role and reunification of conglomerate oligopolistic power in world tobacco economy. The power of the tobacco transnational conglomerates (TTCs) is such that many developed and underdeveloped countries have been totally marginalised in the output and marketing decision processes. Underdeveloped capitalist countries supply 55 per cent of world leaf tobacco; but their processed exports are almost non-existent, they have no influence whatsoever in the design, output and innovation of tobacco machinery, and their aggregate receipts from tobacco are based almost exclusively on the demand, response and marketing decisions dictated by the TTCs.

Poverty and Development-Characteristics of Less-Developed Regions in India

For a large country like India with enormous regional disparities in development and differences in the institutional framework deriving, in quite a few cases, from cultural diversities, any single strategy for the whole country may not prove to be appropriate.

The Economy and Political Stability

THERE is a view gaining ground that the Indian economy is basically sound and that if its growth potential is not being fully realised the reason is to be found in the prevailing political situation. The relatively large foreign exchange reserves and stocks of food- grains are adduced as evidence of the strength of the economy. It is argued how in the past shortages of foreign exchange and food had repeatedly emerged as the major constraints on the economy, coming in the way of higher investment and more rapid growth. The economy, it would thus appear, is at last rid of these long- term constraints on growth. It is also pointed out that the overall rate of saving has been quite satisfactory in the last few years. If, nevertheless, the level of planned investment has been nothing much to write home about, if growth of industrial production has been relatively tardy and if now inflation has been added to the list of problems facing the economy, the responsibility is sought to be pinned on the indecision and wrong decisions of the political leadership and its inability to impose a minimum level of 'discipline

Agricultural Planning and Policy in Draft Sixth Plan-Will Farmers Fulfil Planners Expectations

This paper examines the methodological procedure followed by the Planning Commission for prescribing the target levels of agricultural output in the Draft Sixth plan. It is argued that the procedure followed is inadequate for a number of reasons, and that for a satisfactory matching of plans and policies an understanding of farm supply responses is essential.

Agricultural Resources in Underdeveloped Countries Competition between Man and Animal

Almost simultaneously with the Green Revolution, that widely publicised strategy designed by the United States to 'wipe out hunger' in the poor countries by modernising crop production, great quantities of capital and technology, mainly from the United States, were transferred to the ranching sectors of underdeveloped countries, particularly those located in tropical and sub-tropical areas, for the expansion of beef cattle production.

CAPITAL VIEW- Cabals and Coalitions

his life's ambition, by turning the political life of the Capital into something resembling the spectacle of Haryana's floor-crossing, double-talking and horse- trading, but his ambition will be shorts lived if he does not curb his aberrations. Already, there is much criticism in the press and among the public of the decision to entrust the Government of India to a party of unstable defectors dependent on a number of "outside'' forces. Such a government can become the instrument for all manner of intrigue and conspiracy. Clearly, the way the vote divided, it was mandatory to order a mid-term coIl. The President will be held responsible for what unfolds in the critical months ahead.

Game of Elections

and the rural rich, which is increasingly coming into the open. Given mass poverty and the growing reliance on chemical inputs which has raised the costs of cultivation, government price support at rising levels of support prices has become an accepted means for the larger farmers to sustain their profits. The result is the rising food subsidy paid out of the government budget every year. The industrial sector too has to be subsidised and for the same reason. And so the government now hands over more than Rs 1,500 crores annually to industrialists, businessmen and rich agriculturists in the form of the food subsidy, the fertiliser subsidy and the THE great game of elections is once again on. Fresh elections to the Lok Sabha are to be held "before the end of December", and it is possible that some states too might go to the polls. 1977 was an election year when the unbroken rule of the Congress party was broken and a different, though basically not dissimilar, alliance replaced the Congress at the Centre; that phenomenon was repeated later in the year in the northern states and in the following year in much of the rest of the country. Now, another year and a half later, the nation is once again being asked to elect a new Lok Sabha.

Indian Planning in the Eighties

An attempt is made in this paper to (a) estimate employment in the Indian economy in 1977-78 (the base year of the Draft Plan, 1978-83); (b) estimate the relationship between output growth and employment growth on a sectoral basis; (c) examine the employment potential of the development effort on certain 'reasonable' assumptions of alternative growth possibilities in the future; and (d) introduce considerations of alternative regional development categories in the agricultural sector and of institutional change, particularly land reforms, and examine their impact on the generation of employment potential.


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