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Governing Foreign Direct Investment: Post-Enron Initiatives in India

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  • Waquar Ahmed

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

Suggested Citation

  • Waquar Ahmed, 2018. "Governing Foreign Direct Investment: Post-Enron Initiatives in India," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(1), pages 5-23, March.
    • Handle: RePEc:sae:reorpe:v:50:y:2018:i:1:p:5-23
    DOI: 10.1177/0486613416668650
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    References listed on IDEAS

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    More about this item

    Keywords

    Enron; India; governmentality; theory of the state; neoliberalism;
    All these keywords.

    JEL classification:

    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance

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