The narrative as well as the analysis of deregulated finance in the global economy remain incomplete unless one relates to the surges as well as volatility in capital flows which are experienced by the emerging economies. An analysis as above needs to consider the implications of capital flows...

type="main" xml:lang="en" <title type="main">Abstract</title> <p>Free trade doctrines have been questioned from the angle of their logical validity as well as relevance. Their replacement by New Trade Theories has been matched by important policy moves on strategic trade and industrial policy in advanced countries. These are...</p>

Recent swings in the international capital markets, from bank credit to securities, reflect the attempts on the part of financial institutions to avoid a return flow of capital which also averts a realization crisis at a macro level. Models of accumulation and capital exports can interpret the...

Sunanda Sen offers an analysis of the ongoing malaise in the world economy, which include the financial and real instability as well as economic recession and lack of development. Rejecting the explanations advanced by the orthodoxy, she deplores the retrograde steps in the interest of high...