Governing Foreign Direct Investment: Post-Enron Initiatives in India

Waquar Ahmed

Review of Radical Political Economics, 2018, vol. 50, issue 1, 5-23

Abstract: Since the initiation of the New Economic Policy in 1991, India’s power policy illustrates the crystallization of a form of situated rationality that relies on capitalist competitiveness and foreign investment for growth and development. This paper, using critical discourse analysis, examines the resettlement of the Enron/Dabhol Power Project to highlight how this situated rationality represents power/knowledge that “legitimizes†prioritization of international capital, erosion of national sovereignty, and facilitates capitalist exploitation. JEL Classification : F65

Keywords: Enron; India; governmentality; theory of the state; neoliberalism (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:50:y:2018:i:1:p:5-23

DOI: 10.1177/0486613416668650

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