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ID092211
Title ProperBalancing democracy and globalisation
Other Title Informationthe role of the state in poverty alleviation in India
LanguageENG
AuthorLakha, Salim ;  Taneja, Pradeep
Publication2009.
Summary / Abstract (Note)Contemporary globalisation is viewed both as offering immense opportunities and posing a fundamental threat to the nation-state and democratic governance. To the proponents of globalisation, integration into the world economy through liberalisation of foreign trade and capital flows, combined with deregulation of the national economy, promises greater economic efficiency, higher consumption levels and generally improved living standards. For them, state intervention in the economy aimed at restricting the free play of market forces is dysfunctional, resulting in lower social and economic benefits for the population at large. Within this optimistic perspective, globalisation is thought likely to 'flatten' economic differences between nations1 and lead to a 'borderless world',2 where the barriers to flows of capital, technology, and information will be minimised if not totally removed.
`In' analytical NoteSouth Asia: Journal of South Asian Studies Vol. 32, No. 3; Dec 2009: p.408 - 424
Journal SourceSouth Asia: Journal of South Asian Studies Vol. 32, No. 3; Dec 2009: p.408 - 424
Key WordsBalancing Democracy ;  Globalisation ;  India ;  Poverty ;  National Economy ;  Democratic Governance ;  State Autonomy ;  UPA Government ;  Manmohan Singh ;  National Common Minimum Program ;  National Rural Employment Guarantee Scheme ;  NREGS