By now it is well-known the way countries such as India, for the sake of initiating a self-sustaining process of catching-up industrialization and national economic development under the benign tutelage of the former colonial powers, were in effect led up the garden path of a crippling debt-trap in a relatively short period of about three decades, that is, by around 1980s. As a part of the superpower s theory and practice of shock doctrine, they were sought to be rescued by intensifying the same very asymmetric global relationships and domestic exclusionary policies that failed these countries. By means of a well-worked out gameplan that came to be known as the Washington Consensus these economies were made to adopt the neo-liberal policies of deregulation, opening up and a redesigned role of the state. In this process the needs and aspirations of the common masses were treated as simply a mechanism to impart a human face to be able to maintain the façade of democracy and cajole and coerce the masses to sustain the regime. // It did not take long to discover the real face and hidden intentions of the philosophy and policies based on economic growth and market fundamentalism. All the indices that can portray the real conditions of existence of the masses, in terms of livelihood adequacy and security, participation as empowered social citizens on an egalitarian basis and as citizens of the countries that zealously guard their freedom and sovereignty, show steady deterioration. The papers in the present volume tell this story for the period up to 2005, a period for which by now firm information is available.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
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