IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-03293-8_5.html
   My bibliography  Save this book chapter

India’s Trade with the Socialist Countries

In: Economic Relations between Socialist Countries and the Third World

Author

Listed:
  • Deepak Nayyar

Abstract

The last two decades have witnessed a phenomenal growth in trade between the less developed countries of the Third World and the socialist countries. India has been very much a part of this trend. In 1952/53, the value of India’s trade with the socialist bloc was a mere $9.2 million. By 1972/73, it had risen to $910.3 million. As a result, the combined share of Bulgaria, Czechoslovakia, East Germany, Hungary, Poland, Romania, the USSR and Yugoslavia in India’s total trade increased from less than 0.5 per cent to more than 18 per cent. This remarkable expansion occurred in a framework of bilateral trade agreements,1 the principal feature of which was that payments for all transactions were made in rupees.

Suggested Citation

  • Deepak Nayyar, 1977. "India’s Trade with the Socialist Countries," Palgrave Macmillan Books, in: Deepak Nayyar (ed.), Economic Relations between Socialist Countries and the Third World, chapter 5, pages 105-142, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-03293-8_5
    DOI: 10.1007/978-1-349-03293-8_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-03293-8_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.