International Trade and India

Paperback | July 23, 2014

byParthapratim Pal

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With increased globalization and the blurring of national borders, the subject of international trade has generated a lot of interest not only among students but also the media and the business circuit. Being an ancient civilization, India has a long and interesting history of engagement ininternational trade. People of this region have been involved in long-distance commerce, at least, since the Indus Valley Civilization. During the Ancient and Middle Ages India was known as a major trading country. The quest for better trade routes with India led to the discovery of America and thespread of colonialism in Asia. The latter paved the way for the entry of the Europeans as traders in the Indian Ocean and eventually led to the colonization of India. Following the British invasion, India's international trade suffered a major setback. During the post-Independence period, India had a somewhat uneasy relationship with international trade. However, after adopting economic liberalization in 1991, our nation has shown a more positive outlook towards global trade. Written in lucid English with nuanced explanations, this book providesan economic framework to take every reader through the fascinating account of India's engagement with international trade over the years. It also gives an overview of the technology and policy dynamics that have shaped global trade.

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With increased globalization and the blurring of national borders, the subject of international trade has generated a lot of interest not only among students but also the media and the business circuit. Being an ancient civilization, India has a long and interesting history of engagement ininternational trade. People of this region hav...

Parthapratim Pal is Associate Professor of Economics at the Indian Institute of Management in Kolkata.

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Format:PaperbackDimensions:228 pages, 11.5 × 8.25 × 0.68 inPublished:July 23, 2014Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198075405

ISBN - 13:9780198075400

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Table of Contents

List of Boxes, Figures, and TablesPreface1. Introduction2. Why do nations trade with each other?3. India and International Trade: An Historical Account4. India's Trade Policy after Independence till trade liberalization5. Multilateral Trading System and the Preferential Trade Agreements6. India and International Trade since the establishment of WTO7. New Developments and Policy ChallengesReferencesIndex