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Routledge Industrial Policy Challenges for India - Economics

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Description

Explore the complex relationship between industrial development and global trade in this academic study from Routledge. As India seeks to revitalize its manufacturing sector, which has seen manufacturing as a share of GDP remain stagnant at approximately 15-16% since the 1980s, this book examines the role of Global Value Chains (GVCs) and Free Trade Agreements (FTAs). The text analyzes how industrial policy choices regarding trade and Foreign Direct Investment (FDI) liberalization impact industrial restructuring. It specifically looks at how the multiple FTAs signed by India serve as potential springboards for economic growth. By connecting GVC-led upgrading to specific policy decisions, this volume provides a deep look into the political economy of South Asia. It is an essential resource for understanding how integration into global networks can influence domestic industrial outcomes and the broader economic landscape of developing nations.

Key Features

Analyzes the impact of Global Value Chains (GVCs) on industrial development and restructuring in developing countries like India.

Examines the connection between industrial policy choices and trade or FDI liberalization through various Free Trade Agreements.

Provides context on India's manufacturing sector, noting the stagnation of manufacturing as a share of GDP since the 1980s.

Investigates how policymakers use GVC integration as a strategy to revitalize the domestic manufacturing industry.

Offers a detailed look at the political economy of South Asia through the lens of global trade and economic policy.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
19 March 2019
Listed Since
04 December 2018

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