Contents

List of figures and tables

Notes on contributors

Acknowledgements

Introduction

1    India, the Great Depression and Britain’s demise as world capitalist leader

UTSA PATNAIK

2    Illegal flows in India’s BOP accounts: their components and impact on the economy

ARUN KUMAR

3    Some aspects of external dimensions of the Indian economy in the age of globalisation

BYASDEB DASGUPTA

4    Macroeconomic policy within cycles of international capital flows: the Indian experience

SUKANYA BOSE

5    Multinationals and monopolies: the pharmaceutical industry in India after TRIPS

SUDIP CHAUDHURI

6    Regional economic integration: new context and analytical constructs

RAM UPENDRA DAS

7    Political economy of development planning and reforms in India: evolution of the Plan philosophy over the years

SUPARNA KARMAKAR