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Impact of Liberalisation

Prabhat Patnaik
Monday 11 June, 2018
Historically, the push for bank privatizationwhich has gathered momentum with a rise in tendencies to take to neo-liberal policies. The arguments for privatization have been put forward time and time again, depending on economic circumstances. As international finance capital demands outright privatization to control financial resources and popularizes the conception of social interest best served through free finance, the NPA crisis in India has become the justification of the day.
C.P. Chandrasekhar
Tuesday 29 May, 2018
Walmart’s purchase of a dominant 77 per cent stake in Flipkart is reportedly the biggest acquisition in the global e-commerce area and is seen as indicative of India’s importance in the world economy.The acquisition at an unwarranted premium and valuation has been seen as a move to increase its market share that the company has lost to Amazon by utilizing the dominance of Flipkart.
C.P. Chandrasekhar
Thursday 29 June, 2017
The policy shifts of the reform era have not been in favor of agriculture. Trade liberalisation, deregulation and a greater role for market forces have not benefited the farmer, who is trapped in a persisting crisis. It is time for today’s policy makers to recognise their own disconnect, and learn from the evidence at hand.
Prabhat Patnaik
Thursday 25 May, 2017
The advance GDP estimates for 2016-17, however calculated, show a grim picture of the economy. The real per capita income of the agriculture-dependent population, which constitutes half the country's populace, has remained stagnant or even marginally declined during the three years of the Modi government. While the pursuit of neoliberal policies can be held responsible for this, treating the aggregate growth as a “great achievement” for political mileage is unwarranted.
Jan Kregel
Thursday 18 May, 2017
Jan Kregel speaks on International Symposium on Global Redistribution and the Challenges of Financing Development held at ISS on 16 and 17 February 2017.
C.P. Chandrasekhar
Friday 25 November, 2016
This article explains how the growing dependence on foreign finance capital has distorted India’s growth. Due to the accumulated presence of foreign capital in the country since liberalisation, it is turning moribund and losing sovereignty
C.P. Chandrasekhar, Jayati Ghosh
Tuesday 25 November, 2014
Amidst stock market euphoria, the growing international debt exposure of certain Asian countries, particularly Hong Kong, China and India, is a matter of major concern.
C.P. Chandrasekhar
Friday 26 September, 2014
The SENSEX is driven by herd instinct of FII inflow coming with assumptions which are at best speculative; the trend may get reversed in case of a rise in the interest rate.
C.P. Chandrasekhar, Jayati Ghosh
Wednesday 25 June, 2014
The proposed deal on trade in financial services that has just been exposed by Wikileaks has serious implications even for countries that are not involved in the negotiations.
C.P. Chandrasekhar
Monday 16 June, 2014
NDA government's move to appoint an SIT to bring back illegal money from abroad brought more complex issues of finance and government's real intention to the foreground
 

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