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Nurturing Trade for Better Indian Economy

Author

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  • Munish Kumar Tiwari

    (Assistant Professor, Anand Engineering College, Agra)

Abstract

Trade has a vital role to play in helping developing countries to boost their economic growth and to generate the resources necessary for reducing poverty. In the 1950s and 1960s, protectionist policies in developing countries – promoting industrialization by restricting imports of manufactures – were often associated with quite rapid growth.Getting a predevelopment position across this wide range of trade issues is of enormous importance in securing a fairer deal for poor countries from international trade and in a future multilateral Trade Round. The Government continues to push for the bilateral free trade agreements to be consistent with our wider development goals. However, many products are excluded from the scheme, and it is difficult and complex to use.

Suggested Citation

  • Munish Kumar Tiwari, 2012. "Nurturing Trade for Better Indian Economy," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 7(2), pages 76-84, October.
    • Handle: RePEc:jct:journl:v:7:y:2012:i:2:p:76-84
    as

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    File URL: https://www.jctindia.org/index.php/jct/article/view/o12-mkt
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    References listed on IDEAS

    as
    1. Howard White & Edward Anderson, 2001. "Growth versus Distribution: Does the Pattern of Growth Matter?," Development Policy Review, Overseas Development Institute, vol. 19(3), pages 267-289, September.
    2. Mr. N. F. R. Crafts, 2000. "Globalization and Growth in the Twentieth Century," IMF Working Papers 2000/044, International Monetary Fund.
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    More about this item

    Keywords

    Indian Economy; Trade; Export Potential; Globalisation; Jobs and Women.;
    All these keywords.

    JEL classification:

    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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