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India's Electronics Manufacturing Sector: Getting the Diagnosis Right
07 September, 2018, Smitha Francis
The Indian electronics industry’s high dependence on imports is a direct outcome of the trade and investment liberalisation that was carried out by successive governments without putting in place the necessary industrial policy support for maintaining and improving domestic linkages and indigenous capabilities.
The Hamburg Fiasco
19 July, 2017, C.P. Chandrasekhar
There is no sign of any consensus coming out of the G20 on the need for a mix of globally coordinated policies and a fiscal push to pull the world economy out of recession. What we have once again is a set of statements that says everything and therefore nothing.
India's Proposed FTAs with EFTA and the EU: Complicating a myopic policy regime
31 January, 2014, Smitha Francis
India should put on hold the signing of further bilateral and regional trade agreements and strive for a trade policy compatible with a strategic industrial policy.
Recent Employment Trends in India and China:An Unfortunate Convergence?
05 April, 2007, C.P. Chandrasekhar & Jayati Ghosh
This paper argues that both China and India, despite the similarity of the current international hype about their future economic prospects and also despite their obvious differences, face rather similar economic problems at present with respect to the labour market. In both countries, the strategy of development is delivering relatively high growth without commensurate increases in employment, especially in the organised sector; and the bulk of new employment is in lower productivity activities under uncertain and often oppressive conditions. It is argued that this paradox may be a common result of the similar strategy of economic expansion currently being followed in both countries.
China and India: The Big Differences
24 August, 2005, Jayati Ghosh
China and India seem to be the hot topics in the world economy today. In the international press, there is almost an obsession with these two economies, and how their current growth presages the coming ''Asian century''.
China's Extraordinary Export Boom
09 May, 2005, C.P. Chandrasekhar & Jayati Ghosh
The story of the expansion of China's exports is a remarkable one by any standards. In 1978, China's exports were valued at around $20 billion, and its rank among world exporters was 32nd. Since then, exports have grown at an average annual rate of 30 per cent, such that in 2004 China overtook Japan to become the world's third largest exporter, with exports of nearly $600 billion.
Tariff Challenge at the WTO
22 June, 2002, C. Rammanohar Reddy
An Unusual set of circumstances formed the backdrop for the World Trade Organisation' 2002 review of India' trade policies. A new surge of protectionism has surfaced in the United States, the world' largest economy which is also the biggest trader.
Agricultural Trade Policy : The Case for Caution
30 November, 1999,
Even though agriculture has been the sector least affected by the reforming zeal that overcame successive government's since 1991, substantial headway has been made in this sector as well. The Finance Ministry's Economic Survey 1993-94 summarised the case for and the extent of liberalisation of agricutural trade as follows: "Indian farm products are characterised by extremely low import content compared to non-farm exportables. Exchange rate convertibility on the trade account has therefore enabled many farm-based products to become internationally competitive.
China and the WTO: Who Pays for Entry?
29 November, 1999, C.P. Chandrasekhar
What seemed inevitable for almost two decades, finally seems imminent. The mid-November Sino-US agreement over the terms on which the US would support China's entry into the 135-member WTO, paves the way for the quick accession of that country into the world trading arrangement. Needless to say, the Chinese government would have to win the support of many other members as well.

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