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The Political Economy of Industrialisation
註釋He discusses the changing role of the planning process, the performance of the public sector and the contribution of foreign capital in each of these phases. The author concludes that, given the ascendancy of corporate priorities in policy-making, the domination of the central government over regional economic affairs, and the decline of the philosophy of socio-economic justice, the Indian economy has become ensnared in an external debt crisis coupled with widespread unemployment.