Globalisation has proceeded at an unprecedented pace in the last few decades. Barriers have come down, linkages have been formed and strengthened, and a plethora of economic activities have become intertwined, across countries and continents. While it has resulted in high growth of global...

Expansion of earning opportunities and increment in earning levels are dual objectives of policymakers in developing countries. The structural adjustment programme in India tried to ensure both through higher growth targets, and manufacturing sector has seen the most sweeping changes. It is now...