This book addresses senior policy makers interested in understanding & debating key issues currently faced by the better performing emerging markets throughout the world. Papers in the volume address international capital flows, financial markets, globalization & private participation in...

Then and now, an introduction -- Part I. Fake socialism, 1947-1964. An uncertain beginning -- The path not taken -- Nehru's dangerous gamble -- Nehru doubles his bet -- Tagore's unheard song -- Mr. Nehru's tragedy, democracy's first betrayal -- Part II. Violence, 1964-1984.Shastri's brave...