Foreign Trade Policy and Trends in India : 1947-48 to 2008-09
Contents: Trade-related abbreviations/acronyms. Explanation of select terms related to India’s foreign trade. Author’s note on the book. Key to numeration. 1. International trade: theory and trends. 2. Pre-independence trends in India’s foreign trade. 3. Post-independence developments in foreign trade sector. 4. India’s exports: composition, destination and promotional strategy. 5. India’s imports: composition and origin. 6. Foreign Trade Policy in recent years: objectives, strategies and measures. 7. Customs Tariff Policy. 8. Current account convertibility and flows. 9. Capital account convertibility and flows. 10. Exchange rate determination and management. 11. Foreign exchange reserves. 12. External debt and aid. 13. Foreign Direct Investment (FDI) in India. 14. Foreign portfolio investment. 15. India’s Regional Trade Agreements (RTAS). 16. World Trade Organization (WTO) and India’s Foreign Trade. 17. Global economic crisis and the Indian economy. Annual review of developments in India’s Foreign Trade: 1947-48 to 2008-09. Appendices. Glossary of trade-related terms. Time-series statistics of India’s Foreign Trade. Select bibliography. Index.
“Since early 1990s world economies have witnessed a paradigm shift towards market-oriented economic policies and a careful dismantling of obstacles in international trade. This has helped developing countries like India to gain access to world markets, modern technologies and collaborations. This has also given them a window to the developed world and helped them to understand the significant role of foreign trade as an effective instrument of economic growth and employment generation. Beginning 1991, Government of India has introduced a series of reforms to liberalize and globalize the Indian economy. Reforms in the external sector have helped to integrate India with the world economy.
In recognition of the growing importance of foreign trade in the Indian economy, this book provides a comprehensive description and analysis of post-independence developments in India’s foreign trade and allied sectors with focus on post-1991 period.
Besides, it contains annual review of developments in India’s foreign trade from 1947-48 to 2008-09; 7 appendices containing relevant information on India’s foreign trade; glossary of trade-related terms and time-series statistics of India’s foreign trade.” (jacket)
