American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient...

This paper highlights the international trade relationship of India with European (EU). EU was India's largest trading partner, whereas India was EU's 9th largest in the year 2014. Bilateral trade of India-EU in goods in 2014 was € 72.52 billion (Indian exports € 37.07 billion and Indian...

Small firm clusters have come to occupy a significant space in the discussions on industrialisation strategies, especially in the context of less-developed regions. This paper reviews a select set of literature on European, East Asian and Indian clusters with a comparative perspective. The...