This paper talks of good outcomes of Globalisation which needs to be further inproved wherein Institutional response mechanisms should be designed to address any problems that may arise in specific areas, complimentary policies should be used to enhance the good effects and more caution and...

The Indian economy has recently grown at historically unprecedented rates and is now one of the fastest-growing economies in the world. Real GDP per head grew at 3.95 percent a year from 1980 to 2005, and at 5.4 percent a year from 2000 to 2005. Measured at international prices, real per capita...