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INDIAN JOURNAL OF AGRICULTURAL ECONOMICS JOURNAL OF INDIAN SCHOOL OF POLITICAL ECONOMY Editor: N. Rath JOURNAL OF INDIAN SCHOOL OF POLITICAL ECONOMY is devoted to a study of the Indian Economy,Polity and Society. Emphasis is primarily on reviewing developments since -:ndependence with roots in the British admin- istration where relevant. However, papers with a similar focus but not necessarily reviewing developments since Independence will also be considered. When a review is based on statistical data,full statistical base data are presented as far as possible. Vol. XII January-March 2000 • Where Reforms Do Not Reach: Rural Poor in The Vicinity Of Bangalore V.M. Rao Macroeconomic Performance and Tax Revenue - The Case of Gujarat State Archalia R. Dholalda & Ravindra II. Dholakia Gross Domestic Product and Regional Disparities in Development in India V.M. Dandekar Documentation: Methods of Estimation of States' Tax Revenue by Different Finance Commissions 1. Report of the Tenth Finance Commission, 1994, Chapter III. 2. Second Reportof the Ninth Finance Commission,1988, Chapter III and Appendix 4. 3. Report of the Eighth Finance Commission, 1984, Chapter III. 4. Report of the Seventh Finance Commission, 1978, Chapter 2. S. Report of the Sixth Finance Commission, 1973, Chapter IX. 6. Report of the Fifth Finance Commission, 1969, Chapter 2. Review Article: BJP's Hindu Nationalism: A Case of Regression Vasant Palshikar * Book Reviews ** Books Received Annual Subscription Rates New annual subscription rates effective from 1st January, 1999 India Other Countries (Rs) (US $) For institutions other than colleges 600.00 80.00 1 For individuals and colleges 300.00 40.00 Payments should be made by Demand Draft, payable to Indian School ofPolitical Economy,Pune, drawn on any bank in Pune. For outstation cheques, please add Rs 15 to cover collection charges. Please mail your orders/enquiries to Indian School of Political Economy, 'Arthabodh',96 8/21-22, Senapati Bapat Road, Pune 411 016 India. Phones:(020) 5657132,5657210. e-mail: [email protected]; [email protected] INDIAN JOURNAL OF AGRICULTURAL ECONOMICS JOURNAL OF RURAL COOPERATION Vol. 28 No. 1 2000 1. ARTICLES Achouch, Y. To Reconstruct Inequality: Remuneration for Work and Actors' Strategies to Increase Income in the Kibbutz Gidarakou, I., Farm Women's New Vocational Activities: Prospects and Xenou, A. and Problems of Women's Cooperatives and Small On-Farm Theofilidou; K. Businesses in Greece Greenberg, 0. The Principle of Temporary Residence in a Collective Community Romero, A.J. Psycho-Social Approach to the Associated Worker Cooperativism in Andalusia, Spain 2. BOOK REVIEWS Cernea, M.M.(ed.) The Economics of Involuntary Resettlement: Questions and Challenges J.O. Maos Kowalak, T. Marginality and Social Marginalization W. Nieciutiski Handoussa, H Economic Transition in the Middle East, Global Challenges (ed.) and Adjustment Strategies S. Maron Shafik, N.(ed.) Economic Challenges Facing Middle East and North African Countries, Alternative Futures S. Maron 3. CURRENT INFORMATION Dissertation Abstracts Editor: Dr. Yair Levi Editorial Assistant: Daphna Bar-Nes Information for.Subscribers: The Journal of Rural Cooperation is a semi-annual periodical, aimed at the pursuit of research in the field of rural cooperation. Editorial enquiries and other correspondence should be addressed to: CIRCOM, Yad Tabenldn, Ramat Efal 52960, Israel (Fax: +972-3-5346376). Subscription rate: $27 per annum + $3.00 sea mail; $6.00 airmail). INDIAN JOURNAL OF AGRICULTURAL ECONOMICS The Asian Economic Review Journal of the Indian Institute of Economics Volume 42 April 2000 No: CONTENTS * M. Narasimham : Honours for A Doyen Economist Economics of Knowledge I. ARTICLES * Dr. C. Rangarajan. : Economic Reforms in India-Some Issues and Concerns 'Dr. P.R.Bhatt: East Asian Financial Crisis : Alternative Approaches * Sanjeev K Sobhee : Fiscal Deficits : Current Empiricism and Areas for Further Research * Bany Ariffin, Amain,Law Siong Hook: The Relationship Between Stock Price and Exchange Rate: Empirical Evidence Based c:1 The KLSE Market * P.U.C. Agundu : Financial Economies of Corporate Acquisition in Developing Countries: The Case of Meridien Equity Bank of Nigeria S.N.V. Siva Kumar, Prof. V.V.N. Somayajulu : The Problems of Regional Imbalances: An Analytical View R.S. Tiwari, lshrat Husnain: Sectoral Performance of Indian Economy During Pre and Post Periods of Economic Reforms * K.R. Sundaravaradarajan, K.N.Selvaraj : An Application of Dummy Variable and Mann Whitney Test to Inter Regional Growth and Instability of Rice Production * Dr. Rahul. A. Shastri, Declining Efficiency and The Slow Growth of Employment in organised Indian Manufacturing * Sukhpal Singh, R. Prabhakar : Determinants and Dynamics of Rural Non-Farm Activities: A Study from Rajasthan * Dr. Ganesh Kawadia : Productivity Growth in The Agricultural Economy of Madhya Pradesh A Decomposition Analysis * K.V.S.M. Krishna, Debabrata Lahiri: Factors Responsible for The Existence of Bonded Labour * D.M. Diwakar : Emerging Non-Farm Sector In North Bihar NOTES * Walter Block: Efficiency, Individualism, Praxeology and Law: Reply to Lawson III. BOOK REVIEWS * Lamont C. Hempel: "Environmental Governance: The Global Challenge" * K.S. Chalam: Readings in Political Economy * M.J. Antony: "Your Right To Compensation" 1 Subscription Rates Category 1Yr 2Yrs 3 Yrs Indian (in Rs.) 300 575 850 Foreign (in $ US) Airmail 80 150 - . Seamail 57 105 - The Indian Institute of Economics, 112, Fourth Main Road, Shantinagar, Hyderabad - 500 028. India Tele : 040-3393512, Fax: 91-040-3395083, E-mail : [email protected] INDIAN JOURNAL OF AGRICULTURAL ECONOMICS JOURNAL OF INDIAN SCHOOL OF POLITICAL ECONOMY Editor: N. Rath JOURNALOF INDIAN SCHOOL OFPOLMCAL ECONOMY is devoted to a study ofthe Indian Economy, Polity and Society. Emphasis is primarily on reviewing developments since Independence with roots in the British administration where relevant. However, papers with a similar focus but not necessarily reviewing developments since Independence will also be considered. When a review is based on statistical data, full statistical base data are presented as far as possible. i Vol. XII April-June 2000 No.2 Problems and Prospects of India's Rice Trade in a WTO Regime Samar K. Datta Political Economy of Foreign Funding of NGOs in India Indira Hirway Uttara Chauhan Mapping The Periphery: The Poor Communities in The Southern States V.M. Rao Documentation: . Report of The Eleventh Finance Commission for 2000-2005, Chapter V, VI, VII and X,Note of Dr. A.Bagchi, Annexures V.4 to V.10, VI.2 to VI.8 and VII.2 Review Article: , Issues in Decentralised Governance Anand S. Nadkarni Social Change Through Voluntary Action S.H. Deshpande A Little Embarrassment of Sociological Riches: Studies into the Lalit K. Deshpande Worlds of Indian Industrial Labour . * Book Reviews ** Books Received Annual Subscription Rates New annual subscription rates effective from 1st January, 1999 India Other Countries (Rs) (US$) For institutions other than col- 600.00 80.00 leges For individuals and colleges 300.00 40.00 Payments should be made by Demand Draft, payable to Indian School of Political Economy, Pune, drawn on any bank in Pune. For outstation cheques, please add Rs 15 to cover collection charges. Please mail your orders/enquiries to Indian School of Political Economy, `Arthabodh', 968/21-22, Senapati Bapat Road,Pune 411 016 India. Phones:(020) 5657132, 5657210. e-mail: [email protected]; [email protected] , INDIAN JOURNAL OF AGRICULTURAL ECONOMICS Library of U.S.Congrass Card No. 90-640 754 ISSN No. 0970-4205 JOURNAL OF FINANCIAL MANAGEMENT AND ANALYSIS(JFMA) INTERNATIONAL REVIEW OF FINANCE AIM : The JFMA -- a refereed journal -- offers techniques and new concepts backed up by case studies and new methodologies and provides a bridge between financial management theory and practice. The Journal is an indispensable decision kit for finance practitioners, policy makers and scholarly community from developed and developing countries and for those directly concerned with today's critical issues in financial management, and offers a unique opportunity to contribute your own expertise to develop the financial management science. JFMA focuses on financial management issues confronting MNC-controlled and MNC-dependent developed and developing countries, by providing a forum facilitating the development of the science of financial management. RECENT ISSUES : Each issue contains unique financial management issues like: • World Bank Financing Methods Need Overhauling • Punctured Investment Tyre Widens Liquidity Gap • Banking Development : A Panacea for Stock Market Crash • Overcapitalisation (Locked-Up Capital) Breeds Inflation • India's 'Self-Reliance' Strategy Induces Venture Capital • Punctured Investment Cycle Tyre Leads to Bank Mergers • 'Priority Sector' Financing in India Needs Overhauling • Good 'Political Risk' Induces Foreign Investment • Non-Plan Expenditure Exerts Inflationary Pressures • Good Business Ethies Germinates Sound Financial Management • Do MNCs Follow Dharmic (Righteous) Management Codes? • Does Open Door Policy-Induced Foreign Investment Mount External Debt? • Does Net Present Value-Based Investment Derail 'Organic Development Track? • Do MNCs Engage in Arbitrage Using Gambler's Earnings Hypothesis? • Does Abnormal Profit-Oriented Wage Differential Lead to Productivity Loss? • Are G-7 Countries Expatriates in G-15 Countries? • Does It Take Money to Make Money in Speculative Transactions?