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Biswajit Nag & Debashis Chakraborty (eds), India’s Trade Analytics: Patterns and Opportunities

Author

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  • Nilanjan BANIK

    (Bennett University, 3rd Floor, 'B' Wing, Times Centre, FC6, Film City, Sector 16A, Noida 201301, India)

Abstract

India, a leading developing country, initiated the process of trade liberalization since early nineties, but the wider effects of the reforms started taking shape only in the new millennium. The unilateral trade policy reforms undertaken by the country were supplemented by the WTO-induced liberalization measures from mid-nineties onwards. The investment liberalizations ushered in updated technology and global management practices across sectors. The internal policy reforms as well as the evolving global trade architecture created a number of winner sectors across the Indian economy, e.g., – tea and spices, fisheries (agriculture), garments, leather products, automobiles (manufacturing) and IT services (services). Confident with growing export potential as well as the rising trade openness in the partner countries, India started entering into a number of regional trade agreements (RTAs), primarily in Asia, from 2005 onwards.

Suggested Citation

  • Nilanjan BANIK, 2019. "Biswajit Nag & Debashis Chakraborty (eds), India’s Trade Analytics: Patterns and Opportunities," Turkish Economic Review, EconSciences Journals, vol. 6(2), pages 155-157, June.
    • Handle: RePEc:cvv:journ2:v:6:y:2019:i:2:p:155-157
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    Keywords

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    JEL classification:

    • F00 - International Economics - - General - - - General
    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General

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