An Analysis of India's Trade Flows: During the Post-Reform Period

International trade plays a significant role in promoting higher economic growth in any economy. In India, after balance of payments crisis, the government adopted various trade policies to give further impetus to the growth of trade flows. In accordance to this the government entered into various f...

Full description

Saved in:
Bibliographic Details
Published in:Journal of international economics (Hyderabad, India) India), 2016-01, Vol.7 (1), p.61
Main Authors: Raju, G Raghavender, Pandit, Vishwanath
Format: Article
Language:English
Subjects:
Econometrics
Economic growth
Economic models
Economic reform
Exports
Foreign investment
Globalization
Growth rate
Imports
International trade
Liberalization
Prime ministers
Privatization
Tariffs
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:International trade plays a significant role in promoting higher economic growth in any economy. In India, after balance of payments crisis, the government adopted various trade policies to give further impetus to the growth of trade flows. In accordance to this the government entered into various foreign trade agreements with many developing and developed economies with an aim to expand the foreign trade. Consequently, the exports and the imports of the country have been surging tremendously since 1990. But, the growth rates of these trade flows have been very sporadic. This volatility in the growth rates of the trade flows can be attributed to intermittent changes in the macro-economic variables like exchange rate, prices, world income etc. This dissertation analyses the major developments in India's trade flows during post liberalisation period and examines the growth, composition and direction of the trade flows since 1990. In addition to these objectives, the work also attempts to determine the various factors that impede or promote the growth of these trade flows in India during post-reforms period.
ISSN:0976-0792