List of Figures and Tables
Preface
Acknowledgments
Abbreviations
I. INTRODUCTION
1. Economic Globalization Segmentation and Integration
2. India and Globalization Performance Perceptions and Policy
3. Economic Integration Prior to Liberalization
II. THE STATE AFTER ECONOMIC LIBERALIZATION
4. Continuity and Change in Economic Planning
5. Fiscal Federalism Finance Commission’s Adaptation to New Challenges
6. India’s Halting March to Common Market Reforming the Indirect Tax System
III. THE MARKET AFTER ECONOMIC LIBERALIZATION
7. Trade and Its Integrative Impact
8. Investment and Integration Polarization versus Diffusion
9. Are We All Vaishyas Now? The Indian Capitalist Class as an Integrative Factor
10. Migration and Integration
IV. SUMMING UP
11. Conclusion
Bibliography
Index

This book shows how globalization’s pressures favoring efficiency paradoxically induced the state to push for consolidation on a pan-Indian scale in the area of fiscal federalism and to advance the cause of the common market through reforming the indirect tax system; meanwhile the state has pressed forward with social inclusiveness as never before in its economic planning. For another the market too has been instrumental because of its widened scope and its inherently expanding character in strengthening economic integration through trade expansion diffusion of industry and increased inter-state migration. Nayar’s groundbreaking work will interest students scholars and specialists of India South Asia globalization and political economy.