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Globalisation, Nationalism and Economic Policy Reform

Baldev Raj Nayar
Economic and Political Weekly
Vol. 32, No. 30 (Jul. 26 - Aug. 1, 1997), pp. PE93-PE104
Stable URL: http://www.jstor.org/stable/4405681
Page Count: 12
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Globalisation, Nationalism and Economic Policy Reform
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Abstract

The recent wave of economic policy reform in the developing world has been seen as a necessary consequence of a changed world economic system. Though the key feature of the changed world economy is the element of the heightened economic globalisation, it has not led to weakening of economic nationalism. This article argues for arriving at a new balance in the interaction between these two social forces influencing economic policy reform wherein the state and market are not seen as adversaries but as partners in economic development.

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