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Table of Contents The past decade has seen a steady rise of populist movements across the political landscape in many societies. Unlike in the 1990s, when the antiglobalization movement opposed neoliberal economic integration with an emphasis on developing countries, today’s backlash against globalization is fueled by ire about its impacts in advanced economies.
Table of Contents India has a strong tradition of self-sufficiency. Historically, the country’s foreign trade usually involved exports of goods such as textiles and spices and imports of precious metals.1 The Industrial Revolution changed the world economic order and rapidly diminished India’s salience in the global economy. It also caused irreparable damage to the country’s idea of self-sufficiency.
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