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May 10, 2026Journal of Developing Societies

Neoliberal Finance and Economic Gridlock: A Critical Analysis of the Indian Economy

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Authors

GHGourishankar S. Hiremath

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Overview

This critical analysis exposes neoliberal finance's detrimental effects on India's economy, indicating systemic issues and suggesting alternative paths.

Key Points

  • Examine the origins and consequences of neoliberal finance on the Indian economy over three decades.
  • Comprehensive analytical framework to evaluate neoliberal finance's effects
  • Analysis of key economic indicators including inflation, interest rates, and capital flows
  • Assessment of the role of macroeconomic policies and the neoliberal state
  • Neoliberal finance contributes to financial-market instability and economic stagnation.
  • High unemployment rates and slowing production in agriculture and manufacturing signal deeper economic crises.
  • Current policies under neoliberal frameworks are insufficient for equitable economic development.

Cite This Study

Gourishankar S. Hiremath (2026) studied this question.

synapsesocial.com/papers/6a002191c8f74e3340f9c73bhttps://doi.org/10.1177/0169796x261444438
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