The Globalization Debate and India ∗

  title={The Globalization Debate and India ∗},
  author={Devashish Mitra and Priya Ranjan},
We discuss the pros and cons of the liberalization of international capital flows and international trade in goods and services, with special reference to India. We look at both the theoretical and empirical literature studying the impact of capital flows and trade in goods on real incomes, growth and productivity growth. Both macroand micro-level evidence… CONTINUE READING