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took place in financial regulation sector during liberalisation of its economy in 1991. Pre liberalisation India had a … intervention. It could be argued that India was a pre regulatory state before liberalisation reforms. Instead of independent … for foreign investment, and setting up of sector specific regulators – India arguably became a ‘regulatory state’. I aim …
Persistent link: https://www.econbiz.de/10014084347
The global justice movement has often been associated with opposition to the broad programme of ‘neoliberalism' and associated patterns of ‘corporate globalisation', creating a widespread impression that this movement is opposed to liberalism more broadly conceived. Our goal in this article...
Persistent link: https://www.econbiz.de/10012978241
The waves of liberalization, privatization and globalization have transformed the face of service sector in India. On … services developed after economic liberalization in India …
Persistent link: https://www.econbiz.de/10013136736
A near-ubiquitous concept in legal debates on contemporary approaches to market regulation and reform, liberalisation broadly speaking involves a transition from controlled to competitive markets. Yet for many, liberalisation implies not merely practical processes and legal instruments of...
Persistent link: https://www.econbiz.de/10012956182
This paper investigates how financial, trade, institutional and political liberalization policies have affected financial efficiency in Africa. It uses updated data to appraise second generation reforms in order to gather fresh evidence and derive more updated policy implications. The 'freedom...
Persistent link: https://www.econbiz.de/10011410010
Persistent link: https://www.econbiz.de/10002809092
What explains the simultaneous critiques of economic theory and liberalism during the 1930s? Early neoclassical economists had a common understanding of the proper institutional context under-girding a liberal market order. From the marginal revolution emerged a growing emphasis on analyzing...
Persistent link: https://www.econbiz.de/10012841431
Financial liberalization in China has begun to allow more flexibility in bank interest rate setting but may threaten bank profit margins. This paper documents the initial response to the June 2012 initiative that, for the first time, allowed Chinese banks to meaningfully depart from the...
Persistent link: https://www.econbiz.de/10013057604
Adam Smith was allegorical, knowingly and profoundly, but after him things went downhill, or even dropped off a cliff. From science anxieties many liberals spurned allegory, touting foundations, facts, science, etc. But we see in their discourse, notably on the economic system as cooperation,...
Persistent link: https://www.econbiz.de/10012932482
Tolerance, the mere lsquo;putting up' with disapproved behaviour and practices, is often considered a too negative and passive engagement with difference in the liberal constitutional state. In response, liberal thinkers have either discarded tolerance, or assimilated it to the moral and legal...
Persistent link: https://www.econbiz.de/10012756179