Political Economy of Reforms and Liberalisation : Achievements, Failures and Future Policy Issues

Contents: Vol. I. Preface. Introduction. I. Politics and Humanism of Reforms: 1. The political economy of reforms/Paul Streeten. 2. Beyond liberalisation: social opportunity and human capability/Amartya Sen. 3. Some reflections on financial liberalisation/I.G. Patel. II. Privatisation and Globalisation: 4. Economics of India\'s international integration/P.R. Brahmananda. 5. Globalisation of the Indian economy--two aspects/Arun Ghosh. 6. Is privatisation a panacea?: a pragmatic analysis/R.S. Dhananjayan, N. Santhamani and N. Sasikala Devi. 7. Globalisation: an Indian perspective and evaluation/Parimal Vyas. 8. Reckless privatisation: unequal war in the skies/Praful Bidwai. 9. The consequences of globalising Indian economy--the Dunkel style/Raj Kumar Sen. III. Balanced Economy and Reforms: 10. Developing an even economy/Dhanmanjiri Sathe. 11. A balanced view of reforms/V.S. Mahajan. IV. Debt Burden: 12. Lenders of last resort/Roy Culpepper. 13. Implications of government indebtedness/Dharam Vir. V. Multinationals: (a) Perspective and Role: 14. Perception of multinationals of developing countries/Kamal Wadhwa. 15. Role of multinational corporations and India\'s economic development/B. Satyanarayan. (b) Multinationals and Indian Economy: 16. Entry of multinationals--implications for India/M. Victor Louis Anthuvan. 17. Globalisation, monopoly capital and neo-colonialism/R. Mukherji. 18. Some implications of multinational corporations in India/Paramjit Kaur and R. S. Bawa. (c) Feudalism under Multinationals: 19. Feudalism, MNC-style: globalisation\'s seamy side/Praful Bidwai. 20. MNC factor in India: end of the honeymoon/M.S.N. Menon. VI. Human Side and Labour Management: 21. Sustainable human development: the social setting under HDR/Kameshwar Choudhary. 22. The person as fiction in the Indian HRD process/Alfred Sams. 23. Structural reforms and employment opportunities with special reference to women/V.S. Mahajan. 24. Globalisation and working class: the Indian experience/Rajendra Prasad Singh. 25. Labour management strategies and liberalisation of Indian economy/P.P. Arya. 26. New economic policy and its impact on employment in India/S.S. Somra.

Vol. II. VII. Models: 27. India\'s search for appropriate development model/M. Sebastian, S.J. 28. Mahalanobisonomics v. Manmohanomics/D.M. Nanjundappa. VIII. New International Economic Order, Adjustment Process and Missed Opportunities: 29. Disparities in global integration and in growth. 30. Indian development problems in the context of the new international economic order/Arun Ghosh. 31. Indian economy responds to adjustment and reform efforts/Ajay Chopra. 32. Missed opportunities: compulsions of political economy/Balraj Mehta. IX. Savings: 33. Economic reforms and savings in India/Amaresh C. Dubey. 34. Savings rate declining/P.D. Sharma. X. Foreign sector: 35. Liberalisation and foreign investment in India/K. Padmanabhan. 36. Foreign capital inflows: dangerous policy shifts/Balraj Mehta. 37. Reforms and India\'s external relations/L.N. Dutta and R.N. Mohapatra. XI. Regional Cooperation: 38. Towards regional cooperation among SAARC countries/B. Satyanarayan. 39. Emerging scenario of Indo-US economic relations/Vinay Kumar Malhotra. 40. Indo-Russian military cooperation: economic and strategic considerations/Alexander A. Sergounin and Surgey V. Subbotin. 41. APEC perspectives and India/V.V. Bhanoji Rao. 12. Technology and Industrialisation: 42. Technology and society/M.G.G. Pillai. 43. The impact of new economic policy on output and employment in manufacturing sector: a case study of Punjab/Gurbachan K. Bhatia. 44. Regional variation in industrial development in Andhra Pradesh/T.L.N. Swamy. 13. Agriculture, Farm Trade and Rural Development: 45. Economic reforms, agricultural growth and rural poverty: some reflections on the relevance of east and south East Asian experience for India/C.H. Hanumantha Rao. 46. World trading system: challenges for rural India/V.R. Panchamukhi. 47. Some issues in liberalisation of trade in agriculture/Ajit Kumar Singh. 48. Transforming agriculture extension and research to meet contemporary needs/Rakesh Hooja. 49. Impact of liberalisation of fertiliser use: a study of north western India/P.S. Marwaha and O.P. Gaur. Appendix: 1. Economic Survey, 1995-96: an update. 2. Approach paper to the ninth Five Year Plan (1997-2002). Index.

"This book highlights changes that have occurred as a consequence of our recent emphasis on privatisation, structural reforms and globalisation in order to integrate Indian economy with the world economy. How far this challenge has been met with success? What have been the various constraints? How far foreign as well domestic entrepreneurs have responded? Has the entry of multinationals been in the country\'s interest? What impact these reforms have had on employment, income and savings? What are the problems that India faces in regional cooperation? etc. This book addresses itself to these and related issues." (jacket)