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A Decade of Trade Reforms in India

Author

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  • Ramkishen S. Rajan
  • Rahul Sen

Abstract

This paper summarises recent trade reforms in India and documents the extent to which the country has integrated with the global trading system. The paper argues that India has made important strides since the initiation of reforms in 1991. Although it lags significantly behind most of East Asia in terms of manufacturing exports, as part of India’s newfound global orientation, trade in services has taken on a key role, constituting over a quarter of India’s total exports in the last few years. Within the services sector, the Information and Communications Technologies sector is of particular relevance.

Suggested Citation

  • Ramkishen S. Rajan & Rahul Sen, 2002. "A Decade of Trade Reforms in India," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 3(4), pages 87-100, October.
    • Handle: RePEc:wej:wldecn:120
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    Citations

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    Cited by:

    1. Chakraborty, Debashis & Mukherjee, Jaydeep & Lee, Jaewook, 2016. "Do FDI Inflows influence Merchandise Exports? Causality Analysis on India over 1991-2016," MPRA Paper 74851, University Library of Munich, Germany.
    2. Chakraborty Debashis & Mukherjee Jaydeep & Lee Jaewook, 2017. "FDI Inflows Influence Merchandise Exports? Causality Analysis for India over 1991-2016 : Causality Analysis for India Over 1991–2016," Global Economy Journal, De Gruyter, vol. 17(3), pages 1-10, September.
    3. Sadhana Srivastava & Rahul Sen, 2004. "Competing for Global FDI: Opportunities and Challenges for the Indian Economy," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 5(2), pages 233-260, September.
    4. Chakrabarty, Subhajit & Nag, Biswajit, 2014. "Perceptions of international trade barriers: Empirical study of small apparel firms," MPRA Paper 52635, University Library of Munich, Germany.
    5. Marco Grazzi & Nanditha Mathew & Daniele Moschella, 2017. "Efficiency, innovation, and imported inputs: determinants of export performance among Indian manufacturing firms," LEM Papers Series 2017/09, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    6. Biswajit Nag & Biswa Nath Bhattacharyay & Debdeep De, 2015. "Integrating India with Asian Production Networks: Prospects and Challenges," CESifo Working Paper Series 5616, CESifo.
    7. Dipa Mukherjee & Rajarshi Majumder, 2007. "Efficiency, technological progress and regional comparative advantage: a study of the organized manufacturing sector in India," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 14(2), pages 23-54, December.
    8. Ramkishen S. Rajan & Sadhana Srivastava, 2010. "Implications Of The Economic Rise Of The PRC For Asean and India: Trade and Foreign Direct Investment," Working Papers id:2680, eSocialSciences.
    9. Biswa N Bhattacharyay & Swapan K. Bhattacharya, 2010. "Free Trade Agreement between People’s Republic of China and India: Likely Impact and Its Implications to Asian Economic Community," Working Papers id:3272, eSocialSciences.
    10. Marco Grazzi & Nanditha Mathew & Daniele Moschella, 2021. "Making one’s own way: jumping ahead in the capability space and exporting among Indian firms," Journal of Evolutionary Economics, Springer, vol. 31(3), pages 931-957, July.

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