Developing countries have seen a rapid rise in population urbanization in the past decades. At the same time, they have participated actively in the process of globalization. However, possible interlinks between population urbanization and trade openness in developing economies have been ignored...

Corporate governance is vital in the effective implementation of domestic and foreign economic policies. In this context, this study examines the role of political connections in the Indian context to understand their impact on firms' productivity and technology transfer. We ask the following...

The existing potential of SMEs remains untapped in most developing countries, including India. In India, most SMEs have a lower share of foreign goods and services to produce exports than larger firms. Moreover, dependent SMEs also have greater integration in terms of imports than independent...

With maturity in the microfinance market in South Asia, it is observed that some microfinance members' needs grow beyond the boundaries of traditional microfinance group loans. In addition, there are other small enterprises whose needs are not met by microfinance institutions or commercial...

Innovation plays a critical role in shaping the industrial and firm competitiveness of any nation. Innovation is often discussed in the setting of developed countries, but the rise of emerging economies such as India has generated a new interest in understanding innovation in developing...

India underwent a significant structural transformation through trade liberalization and other reforms (domestic) in the 1990s because of a balance-of-payments crisis. I use this episode to identify the causal effect of a drop in tariffs on wage inequality, measured through managerial and...

In this study, we examine the participation of small and medium-sized enterprises (SMEs) in global value chains (GVCs) and highlight the role of financial constraints in shaping their participation in GVCs. We use a rich unbalanced panel of 888 SMEs for Indian manufacturing over the period...