Maxwell School News and Commentary

Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs, says, "any tariff increase will come at a huge cost to India’s consumers as well as producers who use imported inputs."

"While good ideas to deal with them exist both within and outside the government, implementation is key. This is where the government often does not perform well," writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.

Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs, argues that "restrictive labor regulations have prevented India from reaping the full potential benefits of opening up the economy."