International Trade in Services in India: Implications for Growth and Inequality in a Globalizing…

Hardcover | March 21, 2012

byAjitava Raychaudhuri, Prabir De

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India's services trade has grown at a very fast pace and now contributes more than one-third of the export revenue. India has also succeeded in raising its penetration in global markets more rapidly for services than for goods. Discussing the theoretical and empirical basis of the flourishingworld trade in services, this book analyses the factors responsible for the rapid rise in services trade in India, its composition, and sectoral strengths and weaknesses. Being invisible, services trade faces many complicated barriers and challenges. Highlighting the implications of rising services trade for pro-poor growth, this book delineates why removal of barriers to trade in services may be welfare enhancing in terms of its efficiency in reducing poverty aswell as inequality. Taking the case of higher education, heath, and transportation services, it identifies the existing barriers and suggests selective liberalization.

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India's services trade has grown at a very fast pace and now contributes more than one-third of the export revenue. India has also succeeded in raising its penetration in global markets more rapidly for services than for goods. Discussing the theoretical and empirical basis of the flourishingworld trade in services, this book analyses...

Ajitava Raychaudhuri is Professor, Department of Economics, Jadavpur University, Kolkata. Pabir De is Fellow, Research and Information System for Developing Countries (RIS), New Delhi.
Format:HardcoverDimensions:320 pages, 8.46 × 5.51 × 0.98 inPublished:March 21, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198079370

ISBN - 13:9780198079378

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Table of Contents

List of Tables, Figures, Boxes, and AppendicesPrefaceAcknowledgements1. Introduction2. Theoretical Underpinnings of Services Trade3. Emerging Patterns of Services Trade of Developing Countries4. Services Trade in India: Profile and Competitiveness5. Measuring the Barriers to Trade in Services6. Impact of Barriers on Services Trade7. Trade in Higher Education Services in India and Abroad8. Trade in Health Services in India9. Trade in Transportation Services: Competition and Efficiency10. Services Trade and Pro-poor Growth in India11. Making Trade in Services Work for the Poor: Emerging Challenges and Policy Options12. ConclusionsReferenceIndex