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Auswahl von Artikeln, die zwischen Aug. 1981 und Aug. 1982 in den Zeitschriften 'Crescent International' (Hrsg. K. Siddiqui) und 'Muslimedia' (Hrsg. Zafarul-Islam Khan) erschienen sind (Fortsetzung der Artikelsammlung 1980/81 unter gleichem Namen); beide Herausgeber (Pakistani) vertreten eine dem Fundamentalismus von Khumaini nahestehende Islamauffassung. (DÜI-Frt)

This article intends to examine the issues of public debt and austerity policy in the United Kingdom. It attempts to provide an evaluation of fiscal policy under neoliberalism and to consider the relationship between this policy and the macroeconomic performance of the United Kingdom economy. There also seem to be ambiguities among the policy makers about austerity. Therefore, it seems important to examine the issue of government-imposed austerity policies and fiscal deficits. There is a need to borrow to cover the deficits as there is no inflationary pressure in the United Kingdom. Most democratic solutions against any inflationary pressures are to reduce the money in circulation through higher taxes. This study concludes that increased state intervention, as a means to enhance long-term growth, is crucial for achieving economic stability and greater equality.

The objective of this study is to examine India's transformation from a colonial to a modern economy on the basis of the macro-economic level changes that have occurred over the last century. This is important because it will help us to understand the associated growth performance and its impact on sectoral changes and employment in the wider context of developing economies such as India. The methodology to be followed here is derived from the aims of the study and comparisons of international statistics that provide the means by which to address the research questions and the objectives of this paper. The study found that during the colonial period, the Indian economy became subservient rather than sovereign in terms of policy matters. As a result, economic development was hampered by the removal of 'surplus', along with very high land rents and tribute charges. A densely populated country like India was drawn into the orbit of exploitation in the mid-18th century. Soon after independence in 1947, the Indian government took a number of initiatives to enhance industrial and agricultural development, but the biggest failure was that it did not make any real impression on the country's huge unemployment problems.

Abstract. The focus of this study is on aspects of public debt and austerity policy in the UK. It attempts to provide an evaluation of fiscal policy under neoliberalism and to consider the relationship between this policy and the macroeconomic performance of the UK economy. There also seems to be ambiguities among the policy makers about austerity. Therefore, it seems important to examine the issue of government imposed austerity policies and fiscal deficits. There is need to borrow to cover the deficits as there is no inflationary pressure in the UK. Most democratic solutions against any inflationary pressures are to reduce money in circulation through higher taxes. Further I argue that a number of counter measures could possibly be taken such as placing a requirement on financial institutions such as pension funds to place some minimum proportion of their asset portfolio into government stock. Keywords. Public Debts, Fiscal policy, Austerity, Neoliberalism.JEL. E63, H62.

The 2014 parliamentary election in India reduced Congress party to merely 44 seats in the lower house, big blow for a party whose history is integral the country's founding narrative. In the last parliamentary election the Congress party polled only 19.3% of the votes declining from 28.6% in 2009, while on the other hand the main right wing party i.e. BJP won 282 parliamentary seats and 31% of the national votes. The extreme right-wing organisations have undoubtedly become the central pole of Indian politics. Moreover, its recent success in Uttar Pradesh provincial election, which is one of the most populated province with 215 million inhabitants, is the strongest evidence yet of the broader shift to the right and the BJP's victory in UP state strengthens this shift. This paper intends to study the recent rise of extreme right-wing Hindu organisations in India. Most prominent among these organisations are RSS, BJP, VHP, Bajang Dal and Shiv Sena. However, all of them work together under the philosophy of Hindutva (i.e. Hindu-ness) and are rabidly anti-minority in their stance. The aim of this study is to highlight the recent rise in extreme right-wing Hindu organisations and to examine their ideas and philosophy regarding Indian history and culture. It is also useful to set this against a global context in which divisive and ultra-nationalist forces are on the rise within Europe and Donald Trump has assumed the US presidency. The study argues that the adoption of neoliberal economic policy in 1991 has increased GDP, but hardly any expansion in employment, which is known as 'jobless growth'. The study also finds the far right encroachment into India's liberal institutions and it seems that Indian polity is undergoing a historically unprecedented change with extreme-right to dominance into vast areas of ideology, economy and culture.

Abstract. The 2014 parliamentary election in India reduced Congress party to merely 44 seats in the lower house, big blow for a party whose history is integral the country's founding narrative. In the last parliamentary election the Congress party polled only 19.3% of the votes declining from 28.6% in 2009, while on the other hand the main right wing party i.e. BJP won 282 parliamentary seats and 31% of the national votes. The extreme right-wing organisations have undoubtedly become the central pole of Indian politics. Moreover, its recent success in Uttar Pradesh provincial election, which is one of the most populated province with 215 million inhabitants, is the strongest evidence yet of the broader shift to the right and the BJP's victory in UP state strengthens this shift. This paper intends to study the recent rise of extreme right-wing Hindu organisations in India. Most prominent among these organisations are RSS, BJP, VHP, Bajang Dal and Shiv Sena. However, all of them work together under the philosophy of Hindutva (i.e. Hindu-ness) and are rabidly anti-minority in their stance. The aim of this study is to highlight the recent rise in extreme right-wing Hindu organisations and to examine their ideas and philosophy regarding Indian history and culture. It is also useful to set this against a global context in which divisive and ultra-nationalist forces are on the rise within Europe and Donald Trump has assumed the US presidency. The study argues that the adoption of neoliberal economic policy in 1991 has increased GDP, but hardly any expansion in employment, which is known as 'jobless growth'. The study also finds the far right encroachment into India's liberal institutions and it seems that Indian polity is undergoing a historically unprecedented change with extreme-right to dominance into vast areas of ideology, economy and culture.Keywords: India, Hindutva, Neo-liberalism, Secularism and minorities.JEL. N30, N35, N40.

The paper will examine the dramatic rise of the right-wing Hindu organisations in India, especially since the 1990s. Most prominent among these organisations are RSS, BJP, VHP, Bajang Dal and Shiv Sena. However, they all work together under the philosophy of Hindutva (i.e. Hindu-ness) and are rabidly anti-minority in their stance. They appear to need an 'enemy' in the form of a religious minority to unite Hindus and consolidate their support. This study is important because RSS is too politically significant to be ignored. Since the BJP (BhartiyaJanta Party) came to power in May 2014, its ministers and senior party leaders have been coming out in support of Hindutva. Attacks against Muslims have risen sharply. Cultural issues such as cow slaughter and the building of the Ram temple at Ayodhya have been raised again by the RSS as a means of dividing communities and keeping Muslims in a state of constant fear and insecurity. This study argues that the failure of India's economic development to remove socio-economic constraints leading to slow and uneven development has intensified rivalry between castes and religious communities. Under such conditions, it became possible for extremist Hindu organisations to target people on the basis of religion.

This paper examines the existing literature on trade liberalisation and itseffect on the economies of developing countries. It will also briefly examine the theory of comparative advantage which is seen as justification for global trade liberalisation under the auspices of the World Trade Organisation. This process is also associated with greater openness, economic interdependence and deepening economic integration with the world economy. The study is important because once again the international institutions strongly advocate trade and financial liberalisation in developing countries. The proponents of trade liberalisation argue that multilateral trade negotiations would achieve these goals, and poor countries particularly would benefit from it. However, such policies may increase vulnerability and make developing countries further hostages of international finance capital. Adoption of open market policies in agriculture would also mean the abandoning of self-reliance and food sovereignty, which may have wider consequences in terms of food shortages, food prices and rural employment.

Abstract. This paper examines the existing literature on trade liberalisation and itseffect on the economies of developing countries. It will also briefly examine the theory of comparative advantage which is seen as justification for global trade liberalisation under the auspices of the World Trade Organisation. This process is also associated with greater openness, economic interdependence and deepening economic integration with the world economy. The study is important because once again the international institutions strongly advocate trade and financial liberalisation in developing countries. The proponents of trade liberalisation argue that multilateral trade negotiations would achieve these goals, and poor countries particularly would benefit from it. However, such policies may increase vulnerability and make developing countries further hostages of international finance capital. Adoption of open market policies in agriculture would also mean the abandoning of self-reliance and food sovereignty, which may have wider consequences in terms of food shortages, food prices and rural employment.Keywords. Trade liberalisation, Industrialisation, WTO, International financial institutions, Developing countries.JEL. F02, F.10, N00.