This document summarizes a book by Deepak Nayyar that examines issues related to international trade and globalization over the past two decades. The book is divided into four sections that cover: 1) economic theory and perspectives on trade, 2) analysis of world trade flows and institutions, 3) India's experience with the world economy over six decades, and 4) different aspects of globalization and their relationship to development. The volume provides both theoretical and empirical research on a wide range of topics that are central to debates around trade and globalization.
2. About Deepak Nayyar
• Deepak Nayyar is Professor of Economics at
Jawaharlal Nehru University, New Delhi. He is
also, at present, Distinguished University
Professor of Economics at the New School for
Social Research, New York. Earlier he has
taught economics at the University of Oxford,
the University of Sussex and the Indian
Institute of Management, Calcutta. He was
Vice-Chancellor of the University of Delhi from
2000 to 2005.
3. About book
• The selection of essays written over a period
of two decades, focuses on trade and
globalization. They provide a mix of theory
and policy of applied research and empirical
work, and of the world economy and India.
The essays span a wide range of issues that
are an integral part of the debate on
international aspects of economic
development.
4. Summary
• The volume begins with the limited domain of
trade theory and ends with the wide canvas of
globalization.
• The essays are grouped in four thematic clusters:
1. Economic theory
2. World trade
3. Indian experience
4. Globalization and development
5. Economic theory
• The first part is on economic theory. It
provides perspectives or considers issues that
have been largely neglected in mainstream
economics: the free trade doctrine, trade in
services and international labor movements.
6. World trade
• The second part, on world trade examines
much debated issues: transnational
corporations, East-South trade, regional trade
blocs and the multilateral trading system. Its
focus is on trade flows or institutional
arrangements.
7. Indian experience
• The third part relates the Indian experience. In
juxtaposing the past and the present, the
volume highlights the nature of changes in
India's engagement with the world economy
over six decades.
8. Globalization and development
• The fourth part on globalization and
development explores different aspects of
globalization in the wider context of
development in the world economy: historical
experience, national development,
international migration, and global
governance.
9. Importance of book
• Collects more than two decades of research
and scholarship by a prominent economist
• Provides fresh insights on international
aspects of economic development
• Discusses a broad range of topics