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Abstract
Professor P. K. Basu is currently lecturing at City University, London. His previous appointment was Professor of International Business and Strategy, and Chairman of the Graduate School of Business at Gyosei International College in the UK. Educated at King's College, Cambridge University, and later elected Fellow of Churchill College, he has held several academic posts: Professor of Management at the Indian Institute of Technology, Delhi; Chairman of the Indian Institute of Management, Calcutta; Chairman of the Geological Survey of India and Visiting Professor in several universites. Professor Basu also served as Permanent Secretary to the Federal Government of India for the Ministries of Public Enterprises, Finance, Steel, Mines, Planning and Programme Implementation.
An earlier draft of certain portions of this paper was presented in a lecture to the Society on 8 May 2001.