India's foreign trade : a study of trends and instability in the post-reform period / by Dr. Akashkumra & Dr. Dinkar Narsinh Nayak.

Format:

Book

Author/Creator:

Akashkumra, author.

Nayak, Dinkar Narsinh, author.

Language:

English

Subjects (All):

India--Commerce.

India.

Physical Description:

1 online resource (118 pages) : illustrations

Edition:

1st ed.

Place of Publication:

New Delhi : YS Books International, [2014]

Summary:

In the decades prior to 1991, India followed a highly statist and interventionist development policies leading to a period of a severely distorted production structure. This culminated in too deep economic crises at the outset of the ninety nineties. Faced with a severe balance of payments crisis, India entered into an IMF influenced structural adjustment program. In addition to the conventional expenditure switching and reducing policies, as part of the IMF agreement, a range of far-reaching economic policy reforms was launched in July 1991 in the external, industrial, financial and public sectors. Although the reforms mainly dealt with industry and trade policies, these policies do have its impact on the external sector. It is in the context of this that the present study examines the effect of the reforms on the external sector variables like exports, imports, terms of trade etc. The book is divided in to eight chapters begin with introduction, survey of theories of international trade and the impact of reforms on selected macroeconomic and external sector variables. In the subsequent chapters country group wise and commodity group wise, export growth and instability has been examined. Thereafter, the pattern and behaviour of Indian import were studied with respect to pre and post reform period. The trend as well as instability in the terms of trade faced by developing country like India in the liberalised regime was also examined. Lastly, the study has come out with a conclusion that the liberalisation has allowed the Indian economy to attain a higher degree of integration with the world but at the same time the economy has also became more vulnerable to external factors.

Contents:

COVER

HALF TITLE

TITLE

COPYRIGHT

CONTENTS

LIST OF APPENDICES

FOREWORD

PREFACE

ACKNOWLEDGEMENT

CHAPTER I: INTRODUCTION

CHAPTER II: THEORIES OF INTERNATIONAL TRADE AND ECONOMIC REFORMS IN INDIA

CHAPTER III: IMPACT OF REFORMS ON ECONOMY AND EXTERNAL SECTOR

CHAPTER IV: EXPORT GROWTH AND INSTABILITY: COUNTRY GROUPWISE AND COUNTRY WISE

CHAPTER V: EXPORT GROWTH AND INSTABILITY: SECTOR AND COMMODITY WISE

CHAPTER VI: EXPORT GROWTH AND INSTABILITY : SELECTED COMMODITY AND COUNTRY

CHAPTER VII: IMPORT GROWTH AND INSTABILITY

CHAPTER VIII: TERMS OF TRADE : GROWTH AND INSTABILITY

CHAPTER IX: CONCLUSIONS AND POLICY ISSUES

REFERENCES

APPENDIXES.

Notes:

Includes bibliographical references.

Description based on online resource; title from PDF title page (ebrary, viewed July 26, 2016).

Description based on publisher supplied metadata and other sources.

ISBN:

93-83793-45-7

OCLC:

953495330