The author points out that the Industrial Revolution in the West was followed by a major decline in artisan activities in the colonies and semi-colonies in the East. One of the worst sufferers was the Indian sub-continent under British rule. He discusses "de-industrialisation" of the...

This paper examines trends in Indian macroeconomic series since 1970 and during the regime of 'liberalisation' since 1991. It finds no significant change in India's macroeconomic performance under liberalisation. Growth in export earnings did not pick up. Real sectors (industry and agriculture)...

Trade Liberalisation in developing countries over the last 20 years has often been implemented considering it as a pre-requisite to growth. This paper uses ARDL approach to cointegration and examines the relationships between growth and trade liberalisation in the context of India and Korea....