ARINDAM BANIK earned his PhD at the Delhi School of Economics, University of Delhi, India. He teaches International Finance, Development Economics and Macroeconomics and also taught at the Department of Economics, University of West Indies, Barbados during the period 2001-2005 (June) as a visiting Faculty. His current research includes nature and impact of global finance, international finance and development economics. PRADIP K. BHAUMIK completed his degree in Mechanical Engineering from the IIT Delhi and his doctoral programme from the IIM, Ahmedabad, India. A trained industrial engineer...