Synopsis This book on Globalisation and Development initiates a comprehensive exploration about the multifacet constituents of ongoing process of globalisation and their long-range implications on the prospects of development of the Indian Economy. The essence of the book lies in focusing attention to the distinct analytical issues and provides many useful perceptions of a host of distinguished economists both in the realm of theory and policy-making in the context of the existing policy debate on globalisation and development initiated in India since July, 1991.