The idea of development is now being integrated with the vision of globalization. It is argued that with appropriate institutional makeovers and optimal monitoring globalization could very well be all-inclusive and thereby could usher in comprehensive development for the laggard countries. In...

The vast informal sector of the developing world in general and of India in particular is increasingly considered as a ¡®dispersed development engine¡¯ by the orthodox schools. It is also argued, though sizeable portion of informal sector exists independent of formal sector, a large segment...

While discussing on development of India, the informal sector assumes importance due to its large size in terms of workforce engaged within it. In addition, it is also viewed as a pool of excluded ‘surplus population'. Given this context, we intend to place the informal sector within a...

Existing study argues that labour market flexibility accompanied by trade liberalisation helped in building complementary relationship between formal and informal sectors in India. However, no direct relation is established between the labour market flexibility and trade liberalisation with...