Author: Premachandra AthukoralaBishwanath Goldar/Several ContributorsTranslator(s)/ Editors(s): C Veeramani/R NagarajPublisher: Orient BlackSwanYear: 2016Language: EnglishPages: 360ISBN/UPC (if available): 9788125062998
The economic liberalization of the early 1990s is a significant milestone in the economic history of India. Two decades hence, this book provides a meaningful assessment of the liberalization experience and a critical account of the structure and performance of India’s trade and industrial sectors following the policy decisions taken during that time.Drawing from theory, empirical literature, case studies and econometric evaluations, the chapters provide in-depth and wide-ranging assessments of how firm, industry, product and country characteristics interact to determine trade and industrial performance. They study recent trends in manufacturing productivity, regional inequality and specialization in manufacturing output, structure and performance of small-scale enterprises, and the export performance of agricultural commodities to present a tapestry of the Indian experience of liberalization.The book provides a balanced and updated analysis of various emerging issues in the areas of India’s trade and industry at macro and micro-economic levels and discusses the following questions: How can India’s participation in global production networks be strengthened? How do we expand exports of labor intensive products? What have been the policy lessons from the past? What are the structural and policy-induced impediments to growth and competitiveness? By considering industries and products as the units of analysis, this book sets the stage for further case studies and econometric analysis using detailed firm- and plant-level data. It will be valuable for students and scholars of economics, commerce and development studies.
ContentsList of Tables and FiguresList of AbbreviationsForeword by S. Mahendra Dev1. Emerging Issues in India’s Trade and Industrial Sectors: An Introductory Overview by C. Veeramani and R NagarajPART I: General Issues2. Global Production Sharing and Export Expansion: Emerging Opportunities and the Indian Experience by Prema-chandra Athukorala3. Post-Reform Trends in Growth and Productivity in Indian Manufacturing by Bishwanath Goldar and Sreerupa Sengupta4. Regional Industrial Growth: Have the Economic Reforms Made a Difference? By R. Nagaraj 5. Recent Trends in Mega-mergers in India and Lessons for Competition Policy: Insights from the First Two Years of Merger Cases under the Competition Act by Aditya BhattacharjeaPART II: Sector-Specific Issues6. India’s Exports of Unskilled Labor Intensive Products: A Comparative Analysis by C. Veeramani and Garima Dhir7. Structure of the Indian Small Scale Sector in the Post-Reform Period: A Case of Policy Failure by T. A. Bhavani8. Integration into Global Automotive Value Chains: Co-evolution of Firm and Market Capabilities by Madhuri Sarippalle9. Liberalization and Industrial Development: A Study of Machine Tool Industry in India by R. Rijesh10. Trade and Investment in India’s Legal Services Sector: Understanding the Regulatory Environment by Rupa Chanda and Pralok Gupta11. India’s Agricultural Exports: Prospects and Constraints by C. S. C. Sekhar and Yogesh BhattContributors Index