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India and the Global Economy

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  • Beth Anne Wilson
  • Geoffrey N Keim

Abstract

India's booming knowledge-based sectors demonstrate the power of globalization to transform developing economies. For India, however, these industries are just part of its contribution to the global economy. For a more nuanced picture of India's international economic position, this paper places India in international and historical context, examines its links to the world through trade, labor, and capital, and outlines some critical challenges facing the country. What emerges is a more complex picture of India -- a nation with far more to offer than skilled programmers but which must address problems of poverty, infrastructure, and governance to achieve its potential.Business Economics (2006) 41, 28–36; doi:10.2145/20060104

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  • Beth Anne Wilson & Geoffrey N Keim, 2006. "India and the Global Economy," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 41(1), pages 28-36, January.
    • Handle: RePEc:pal:buseco:v:41:y:2006:i:1:p:28-36
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    Cited by:

    1. Geoffrey N. Keim & Beth Anne Wilson, 2007. "India's future: it's about jobs," International Finance Discussion Papers 913, Board of Governors of the Federal Reserve System (U.S.).

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