Despite reforms undertaken since the beginning of the 90's, India remains one the most closed of Asian countries and characterised by a shallow integration in the world economy. This can be attributed to several factors. The belated opening up policy explains partially why India's foreign trade lags behind. Up to now, barriers to trade have remained high and structural factors have dampened the rise of competitive industries and the attractiveness of India for FDI.
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Paper provided by CEPII research center in its series Working Papers with number
2003-09.
Find related papers by JEL classification: O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations F14 - International Economics - - Trade - - - Country and Industry Studies of Trade F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
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