The Impact on India of Trade Liberalization in the Textiles and Clothing Sector
Author | : A. Prasad |
Publisher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 39 |
Release | : 2005-11-01 |
ISBN-10 | : 1451862334 |
ISBN-13 | : 9781451862331 |
Rating | : 4/5 (34 Downloads) |
Download or read book The Impact on India of Trade Liberalization in the Textiles and Clothing Sector written by A. Prasad and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-11-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the impact of the elimination of textile and clothing (T&C) quotas in 2005 on India. Our simulations suggest that while Indian exports of T&C will continue to expand in the presence of the safeguards on China, they will be affected adversely once these safeguards are lifted. We argue that India could emerge much stronger and expand its trade in T&C at a much faster pace, if some of the key domestic structural weaknesses are overcome.