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Neoliberalism in the Emerging Economy of India: The Political Economy of International Trade, Investment and Finance

Neoliberalism in the Emerging Economy of India: The Political Economy of International Trade, Investment and Finance

Hardcover

Series: Routledge Studies in the Modern World Economy

Economics

ISBN10: 0367675536
ISBN13: 9780367675530
Publisher: Routledge
Published: Jul 8 2021
Pages: 248
Weight: 1.21
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English

Neoliberal economic reforms over the last four decades have altered the economic cartography of emerging market economies such as India, particularly in the context of international trade, investment and finance, and in terms of their effects on the real economy.

This book examines the issues of financialization, investment climate and the impact of trade liberalization. By analysing these three features of neoliberal reform the book is unique, since it accommodates both a mainstream neoclassical approach and a non-mainstream political economy approach. The major questions answered by this book, cover three basic lines of enquiry pertaining to neoliberal reforms. They are (a) how financialization as a new process affects the real economic health of emerging market economies characterized by globalization; (b) how the changing form of international trade in the new regime impacts upon the informal economy, and employment and trade potential in the home country; and (c) how global investment has shaped the real economy in emerging countries like India.

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