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Book Review: Debashis Chakraborty and Jaydeep Mukherjee (Eds), Trade, Investment and Economic Development in Asia: Empirical and Policy Issues

The world is going through a transition where we are witnessing increased protectionism. Many reports are pointing towards troubled waters in developed countries due to economic slowdown and anti-trade sentiments leading to uncertainty. Asian countries, on the other hand, are experiencing mixed fortunes. China the global powerhouse is experiencing slowdown and excess capacities, whereas India is being portrayed as a bright spot with a 7 per cent plus expected economic growth. The questions which are thus important at this juncture are: