International Capital and National Economic Policy-A Critique of India s Economic Reforms

While internationalisation of capital has entailed the end of the old fashioned agenda of economic nationalism, it does not logically entail an end to the agenda of economic nationalism per se, it is no accident that the only success stories of growth from within the third world in the context of internationalisation of capital have been countries which have pursued a relentless policy of economic nationalism, while those that pursued a