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Title: Import liberalisation and premature deindustrialisation in India
Authors: Chaudhuri, Sudip
Keywords: National Accounts Statistic
Balance of Payments Crises
Indian Economy
Issue Date: 2015
Publisher: SCOPUS
Economic and Political Weekly
Economic and Political Weekly
Series/Report no.: 50(43)
Abstract: Liberalising imports by reducing tariffs and removing non-tariff barriers has been one of the most important aspects of the economic reforms pursued in India since the 1990s. The idea was to expose domestic enterprises to international competition to enhance efficiency and promote growth. But rather than promoting efficient growth, this paper shows how import liberalisation has damaged the domestic sector. In the absence of adequate government support, the private sector in manufacturing could not perform the role expected of it. Rejuvenation of the manufacturing sector requires a fundamental reorientation of the role of government.
Description: Chaudhuri, Sudip, Indian Institute of Management, Calcutta, India
ISSN/ISBN - 00129976
Appears in Collections:Economics

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