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India's Reform of External Sector Policies and Future Multilateral Trade Negotiations AgEcon
Srinivasan, T.N..
I evaluate India's transition from an inward-oriented development strategy to greater participation in the world economy. While tariff rates have decreased significantly over the past decade, India is still one of the more autarkic countries. Despite improvement over the past in export performance, India continues to lag behind its South- and East Asian neighbors. Second, official debt flows have been largely replaced by foreign direct investment (FDI) and portfolio investment in the 1990s. India's ability to attract FDI would be greatly enhanced by further reforms. I argue that India's participation in a future round of multilateral trade negotiations would benefit India. I outline the further reforms most needed: reform of labour and bankruptcy laws,...
Tipo: Working or Discussion Paper Palavras-chave: India; Antidumping; Developing countries; Economic reform; Export performance; Foreign direct investment; Intellectual property rights; Multilateral trade negotiations; Quantitative restrictions; Real exchange rate; Tariff and non-tariff barriers; World Trade Organization; International Relations/Trade; F13; F14; F15; F21; F35; H54; K31; O34; O38; O53; P11.
Ano: 2001 URL: http://purl.umn.edu/28428
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