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

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Indian Economy under Structural Adjustment

Prabhat Patnaik C P Chandrasekhar What comes through clearly from the Indian experience with structural adjustment is the dominant role of the process of globalisation of finance. Indeed the very design of the current package of structural adjustment hears the imprint of this process and the sequel to the introduction of the package shows that the real mobility witnessed is that of finance rather than that of capital-in-production.

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