On the Economics of “Open Economy” De-Industrialization Prabhat Patnaik

This is the text of the V.V.Giri Memorial Lecture to be delivered by Prof. Prabhat Patnaik at the Annual Conference of the Indian Society of Labour Economics in Kolkata in December 2003. In this lecture Professor Patnaik discusses “open economy de-industrialization” which in his belief has not been fully understood.

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