Synopsis The present book provides a snapshot of some of the emerging issues in the fields of international trade, financial economics and development economics that are being debated by experts in recent years, and the materials are useful to not only post-graduate students, but also to researchers who seek to make new grounds in different dimensions of contemporary research in economics. Distributed in three section, the twelve papers in the volume cover areas like black market in foreign exchange, intellectual property right and imitation products, trade and environmental protection measures through joint ventures, strategic specialization and comparative advantage in banking activities, dualistic credit markets and social welfare, firm size and imperfection in Indian capital market, the relationships between risk and productivity of capital in India’s banking industry, government taxation and economic growth, growth with child labour, financial sector and non-farm employment in the rural economy, competition and collusion in specific quality rice market demand and choice of optimum capacity utilization in imperfectly competitive firms. While some of the papers are about rigorous empirical treatment of economic issues relevant in contemporary Indian context, some of the papers address the theoretical issues which are relevant for developing nations as whole.