Globalization and Nationalism provides a new approach to the understanding of economic policy reform and examines attempts over the last half century to change the roles of state and market in the management of the Indian economy. Baldev Raj Nayar: places economic policy reform in the context of the perennial conflict between the two historical social forces of economic globalization and economic nationalism; focuses on economic policy reform rather than economic development; takes a broader, more encompassing view of economic policy reform than that of the economist; The state, society, and the international system are the key variables which together constitute the basic explanatory framework of the study.