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Article

3 Sep 2001

Author:
Amitabh Pal, In These Times

The Great Divide: India Confronts Globalization

Some analysts, such as Jean Dréze, professor at the Delhi School of Economics and frequent collaborator with Nobel Prize winner Amartya Sen, add that the '90s saw a deceleration in the improvement of a number of social indicators, such as infant mortality and life expectancy. According to a recent article in The Hindu newspaper by Professor Gita Singh of the Indian Institute of Management, this deceleration has come about due to policies carried out as part of the neoliberal agenda--such as stagnant public health expenditures, removal of price controls on essential drugs, and subsidizing private hospitals at the expense of public ones. The very fact that the current debate is about whether the restructuring has helped the poor--and not by how much--highlights the meager benefits the free market path has brought to the destitute.