ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Opening Up and Openness of Indian Economy

An essential task prior to any analysis of the costs and benefits of globalisation is to determine exactly the extent of international integration of a specific economy. In the case of India, while there has been a significant advance in the country's external integration compared with its own past record, the advance has been modest and gradual and decidedly suffers in comparison with that of most of the other countries studied in this paper.

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