My primary areas of research are international economics and economic growth and development. A large part of my research to date focuses on how integration with rest of the world affects economic outcomes in the presence of institutional constraints such as credit market imperfections, product market imperfections, corruption etc. Since institutional constraints put the economy in a second-best world, the implications of integration with rest of the world are not obvious. Depending on how the forces released by economic integration interact with the institutional constraints, the outcome could be either positive or negative. Interestingly, in most cases I find that the interaction produces a positive outcome, which strengthens the case for globalization or economic integration. For example, if an economy is stuck in a poverty trap due to credit market imperfections, integration with rest of the world has the potential to release the economy from the trap. Another strand of my work focuses on the implications of globalization for wage inequality in the presence of demand externalities and product cycle considerations, respectively. On a related theme, I study the impact of globalization and technological change on wage inequality and unemployment of skilled and unskilled workers.