This book presents the changing contours of Indias position in the global economy. The first section deals with Indias defensive posture in the nineties vis-+ô+¬+È+ô+¦+ÇGõUKP+¦Gò¼+¦GõUKP-¼GõUKP-ú+ô+¬+È+ô+¦+ÇGõUKPGòÙ+ô+¦-+GõUKP+¡-vis the Multinational Companies. The second section deals with the challenges before India in the begging of the 21st millennium as she is increasingly recognized as a world power. The third section deals with the challenges before India in establishing a just world order.

About the Author
Bharat Jhunjhunwala, is a noted economist.

Table of Contents
Preface PART1: THE JOURNEY SO FAR Emerging Crisis in the Economies of Developed Countries The Roots of Inequity The Politics of Inequity TRIPS and the Importance of Technology Theory of Foreign Investment The Case Against FDI Aid Kills the developing Countries PART 2: THE ASIAN CENTURY Indias March Towards World Conquest Make Cartels and Regional FTAs, not Free Trade Limits of technology The U.S. Economy in Decline Outward FDI from India Heralds Our World Conquest Large Forex Reserves are Unnecessary Emergence of the Asian Century PART 3: CREATING A JUST WORLD ECONOMIC ORDER The Meaning of Western Values Indias Role in Sustaining the Present Immoral World Order Free Movement of Labour Emergence of New World Economic Order Index.