Trade Policy, Industrial Performance, and Private Sector Development in India
Oxford University Press, 2008 - Business & Economics - 326 pages
The services and manufacturing sectors were the key drivers of Indias recent impressive growth performance, with major contribution from growing domestic demand. Consequently, issues pertaining to the role of trade and private sector in sustaining growth momentum and facilitating infrastructure development in India have come to the forefront.
This volume deals with critical issues concerning trade policy, industrial performance, and private sector development in India. It discusses the infrastructure bottlenecks that have constrained high growth in manufacturing and in the services sector and highlights that inadequate infrastructure impedes growth of exports and that the public sector alone cannot meet investment requirements. Hence, there is an urgent need to provide an enabling environment to promote the private sector.
The volume also addresses urgent issues constraining manufacturing growth and exports. These include the role of small scale sectors in supporting growth and exports and non-tariff barriers in Indias export destinations.
Finally, it underlines the ongoing debate to understand the link between trade and income distribution. This is an important issue in India because the Eleventh Five Year Plan emphasizes not just high growth but inclusive growth.
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NonTariff Barriers Affecting Indias Exports
Recent Developments in the Regulatory Framework
Acharyya agricultural BSNL capital cent CERC changes cluster comparative advantage competition consumer cost decline Delhi developing countries disinvestment domestic constraints Economic electricity employment enterprises equity estimates external factor Figure Gini coefficient global growth rates high growth impact important improve income inequality increase independent regulation India India's exports India's service sector Indian firms industry information asymmetry infrastructure institutions investment issues Karnataka knowledge flows large firms linkages manufacturing sector measures Ministry MRPL NASSCOM negotiations Non-Tariff Barriers NTBs NTMs output participation performance period ports potential Privatization in India production protection PSEs public sector ratio reduce reform regulatory requirements restrictions role rule-making rural SERCs service sector share of services significant small firms Source strategy structure studies sub-contracting tariff telecom telecommunications trade in services trade liberalization transport trends unskilled urban poverty utilities wage World Bank Yashwant Sinha