Shruti and Arvind discuss protectionist aspects of trade in India and beyond. CHAPTERS 00:01:04 Infant Industry Arguments 00:13:44 Learning 00:48:27 Concentrated Benefits, Dispersed Costs 01:00:13 Protectionism and Building Export Capability 01:21:07 Are Network Goods a Special Case? To learn more about The 1991 Project, which commemorates 30 years of India's market reforms, visit https://www.The1991Project.com. To learn more about the Deepak and Neera Raj Center on Indian Economic Policies and its work, visit https://indianeconomy.columbia.edu.