Indian Economy and Neoliberal Globalization

This book assesses the effects of globalization and neoliberal economic regimes in low- and middle-income countries, primarily on industries, investment and trade; finance and credit; and employment, gender and development.

The volume – written to honour the rich academic work of the eminent economist Professor C. P. Chandrasekhar – addresses issues which are relevant to emerging economies and their concerns around development, investment, financial planning and adopting new technologies. It analyses the new financial systems and institutions and the dominance of global finance in policymaking in these countries and their effects in the postpandemic period. It examines the changing contours of finance, trade and labour models and laws in developing countries to assess the risks and concerns of economic crises and challenges. The volume does justice to an assessment of the macroeconomic and developmental implications of neoliberal policies in India while offering an insightful overview of the new economic practices and policies. It also offers suggestions and measures to address concerns regarding banking and global liquidity, reinforce robust strategies for growth in both small and large industries and bring in reform.

This book will be of interest to scholars and students of economics, political economy, finance and trade, development studies and South Asian studies.

P L Beena is Associate Professor at the Centre for Development Studies, Thiruvananthapuram, Kerala, India.

Murali Kallummal is Professor at the Centre for WTO Studies, Indian Institute of Foreign Trade, New Delhi, India.

Santosh Kumar is Associate Professor of Economics in Department of Commerce, Shri Ram College of Commerce, University of Delhi, India.