ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Global Value Chains of MNCs and Indian SMEs

The rapidly expanding global value chains of multinational corporations are increasingly dominating international trade, which emerging economies like India can hardly afford to ignore. The limited presence of Indian small and medium enterprises in the GVCs of MNCs can be traced back to a negligible share of internationalised SMEs, which is primarily due to a weak innovation base, owing to weak networks of SMEs, particularly weak inter-firm linkages. These issues can be overcome by building and strengthening regional innovation systems and by establishing a multipurpose science and technology commission in the clusters of SMEs.

The Political Economy of G7 Agreement on Taxes

The reallocation of taxing rights and a new global minimum tax are major inflexion points in tax reforms.

Low Wages and Fast Food

Even as American fast food chains like McDonald's gain popularity in countries like India, in the US their workers are waging a bitter struggle for a higher minimum wage, better working conditions and the right to unionise. This article locates the "Fight for $15" campaign of American fast food workers within the larger context of workers' struggles in that country.
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