China's new economic policy made headlines in December 1984 when a leading article in the People's Daily expressed the previously unthinkable opinion that the teachings of Marx and Engels could not be expected to solve all of China's present problems. What have been the main characteristics of...

Since 1970 the world economy has gone through a series of grave crises which have stimulated an intensive discussion about the economic and political relations between industrialized and developing countries. As seen from the Federal Republic of Germany, the witnessed events have not only an...

A decisive new era of development opens for India. It will be largely for a woman, Indira Gandhi, whose triumph In the March elections for the central parliament was acclaimed so enthusiastically, to give it her imprint.

In order to fight Inflation President Nixon has resorted to means of Interference which the US economy Is not accustomed to. The following article deals with the Intricacies arising from Phase II of his price- and wage-policy.

In recent times, some initiatives to liberalize the financial sector have been taken; some more measures need to be taken. In this monograph, the author discusses several measures to make the financial sector improve the economic performance of the country. These liberalization measures must bo...

The package of economic reforms initiated by the new PV Narashima Rao government, is likely to generate a strong tendency towards dispersal of power. However, whether this tendency will grow and mature, will depend upon what supportive reforms, both political and economic, are taken by the...

In this paper an attempt has been made to highlight the various implications of the New Economic Policy on the Indian Corporate Sector. Some of these implications are discussed in detail including widespread competition and internationalization. Next the author discusses the various...