Paradigm of liberalisation: compatibility with social concerns?
By: Kabra, Kamal Nayan.
Material type:
ArticlePublisher: 1996Description: p.270-283.Subject(s): Liberalization - India | Structural adjustment - India | Economic liberalization
In:
Indian Journal of Public AdministrationSummary: Discussing basic components of liberalisation and the theoretical arguments advanced by its advocates, the author exposes their limitations and one-sidedness and examines the empirical challenges emanating from the developed and developing countries to which the liberalisation regime is supposed to respond. On this basis, he maintains that liberalisation package is a response to the compulsions of the First World and that the Third World is made to adjust to their needs in order to subserve their interests - mainly debt collection from and continued lending to the Third World - to point out that social concerns of countries like India do not form part of either the ideology or the aetiology of liberalisation. To him it, in fact, diverts resources and policies away from our social concerns, substituting them by the so-called "human face" (or mask). - Reproduced
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Articles
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Indian Institute of Public Administration | Volume no: 42, Issue no: 3 | Available | AR32958 |
Discussing basic components of liberalisation and the theoretical arguments advanced by its advocates, the author exposes their limitations and one-sidedness and examines the empirical challenges emanating from the developed and developing countries to which the liberalisation regime is supposed to respond. On this basis, he maintains that liberalisation package is a response to the compulsions of the First World and that the Third World is made to adjust to their needs in order to subserve their interests - mainly debt collection from and continued lending to the Third World - to point out that social concerns of countries like India do not form part of either the ideology or the aetiology of liberalisation. To him it, in fact, diverts resources and policies away from our social concerns, substituting them by the so-called "human face" (or mask). - Reproduced
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