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    Cultural influences on economic thought in India: resistance to diffusion of neo-classical economics and the principles of Hinduism

    Ndlovu, David and Cameron, John (2001) Cultural influences on economic thought in India: resistance to diffusion of neo-classical economics and the principles of Hinduism. Economic issues, 6 (2). pp. 61-77. ISSN 1363-7029

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    Abstract

    Analyzes the reasons why many Indian economists have remained determinedly resistant to the International Monetary Fund/World Bank pro-stabilization and structural adjustment arguments. Overview of the general weakness of intellectual resistance to liberalization; Discussion of the resistance to neo-liberal policies in the 1990s; Influence of Hinduism in the resistance to neo-classical economics.

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