The developing nations need to develop proper infrastructure that ensures their citizens an opportunity to be educated and to educate their children, to earn their living honorably, to have access to health care when needed and to be happy and secure. We know where we want to be. Do we know how to get there? The developed nations want us to believe that globalization is the way to prosperity. This is pure sales talk. Globalism is a concept brought by the developed nations for their own benefit. Globalization is a ploy which aims to exploit the developing world with money of western investors in the same way the moneylenders have exploited the poor in our country for centuries. There is no truth in the belief that globalization is beneficial for the poor nations. In fact, it has been universally experienced that wherever this concept has been pursued the poor became poorer. It is true for individuals. It is true for nations as well. Nationalism is the answer to our problems. Nationalism is simply doing what is in the best national interest. America and the other developed nations have followed this and always act in their own interests. Should developing countries not follow the example of United States and Europe and act in their best national interest? The book attempts to find answers to such key questions and suggests ways and means to achieve our economic objectives. It will be highly useful to the students and teachers of Economics and serve as a good reference source for the researchers in the subject. It makes an interesting and inculcating reading for those who have an urge to know more about the current state of economy of India in the context of globalization.

Table of Contents:
Preface; PART I—DEVELOPING NATIONS AND THEIR PROBLEMS; 1. Wealth and Prosperity; 2. The Developed and the Developing World; 3. Feasibility of Export Oriented Growth; 4. IMF and the Developing World; 5. WTO and the Developing World; 6. Foreign Investment and the Developing Countries; 7. Multinationals and the Developing World; 8. Inflation and the Developing World; 9. Foreign Exchange Management and the Developing World; 10. Consumerism and the Developing Countries; 11. Subsidies and the Developing World; 12. Poverty and the Third World; 13. Globalization and Developing Countries; PART II—MODELS FOR DEVELOPMENT; 14. Capitalism; 15. Communism; 16. Socialism; 17. Concept of Nationalism; PART III—IMPLEMENTATION OF NATIONALISM; 18. A Swot Analysis on India; 19. Economic Objectives and Analysis of Options; 20. Sharing Experiences; Epilogue; Bibliography; Index