SOAS Research Online

A Free Database of the Latest Research by SOAS Academics and PhD Students

[skip to content]

Raman, Ravi (2009) 'Asian Development Bank, Policy Conditionalities and Social Democratic Governance: Kerala Model Under Pressure?' Review of International Political Economy, 16 (2). pp. 284-308.

Full text not available from this repository.


This case study of the implications of the Asian Development Bank (ADB) loan on the Indian state of Kerala explores how neoliberal reforms have impacted on the state's much-acclaimed social model of development. Notwithstanding resistance, the state moves towards market-driven reforms wherein external funds are privileged over internal resources, the reasons for which are probed within the context of social structures of accumulation and emergent power relations. It is argued that with the diversion of resources towards debt servicing and compliance with policy conditionalities, the collaboration with the ADB is likely to undermine social democracy. What ensues is a double collapse: a collapse of the Kerala Model of social development and the demise of an iconized Left. This paper thus contributes, first, to the growing literature on the political-economic repercussions of Structural Adjustment Programs in developing regions and second, to the limited scholarship on the adoption of right-wing neoliberal policies by social democratic governments.

Item Type: Journal Article
SOAS Departments & Centres: Legacy Departments > Faculty of Law and Social Sciences > Department of Development Studies
ISSN: 09692290
DOI (Digital Object Identifier):
Date Deposited: 30 Sep 2010 08:36

Altmetric Data


Download activity - last 12 monthsShow export options
Downloads since deposit
6 month trend
6 month trend
Accesses by country - last 12 monthsShow export options
Accesses by referrer - last 12 monthsShow export options

Repository staff only

Edit Item Edit Item