A Decade of Trade Reforms in India: How it compares with East Asia

Ramkishen S. Rajan & Rahul Sen

Published: December 2002

This paper summarises recent trade reforms in India and documents the extent to which the country has integrated with the global trading system. The paper argues that India has made important strides since the initiation of reforms in 1991. Although it lags significantly behind most of East Asia in terms of manufacturing exports, as part of India’s newfound global orientation, trade in services has taken on a key role, constituting over a quarter of India’s total exports in the last few years. Within the services sector, the Information and Communications Technologies sector is of particular relevance.

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