Industrial policy challenges for India: global value chains and free trade agreements
This book looks at the debates on global value chains (GVCs) and free trade agreements (FTAs) as springboards for industrial development in developing countries, especially India. It connects the outcomes in GVC-led industrial restructuring and upgrading to industrial policy choices in trade and FDI...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Abingdon, Oxon
Routledge
2019
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Schriftenreihe: | Critical political economy of South Asia
Critical political economy of South Asia |
Schlagworte: | |
Online-Zugang: | URL des Erstveroeffentlichers |
Zusammenfassung: | This book looks at the debates on global value chains (GVCs) and free trade agreements (FTAs) as springboards for industrial development in developing countries, especially India. It connects the outcomes in GVC-led industrial restructuring and upgrading to industrial policy choices in trade and FDI liberalisation, in particular those through FTAs. With the share of manufacturing in GDP stagnant at around 15-16% since the 1980s, India's policymakers have pinned their hopes on greater integration into GVCs to revitalise the manufacturing sector. The multiple FTAs the country has signed over the last few years, specifically the ones with the Association of Southeast Asian Nations (ASEAN), South Korea, Malaysia and Japan have been sought to be rationalised using the same argument. The book argues that failing to factor in the industrial policy causalities involved in sustainable indigenous technology development, structural barriers to the entry into GVCs, the assessments of the available evidence on the adverse impact oftrade andFDI liberalisation as well asexistingFTAson firm-level incentives for undertaking domestic production, and the industrial policy constraints imposed by FTAs can prove costly for the trajectories of developing country economies, including India. Rich in data, this book will be useful to scholars and researchers of development economics, economics in general, development studies and public policy as well as government bodies, industry experts and policymakers |
Beschreibung: | 1 online resource |
ISBN: | 9780429244209 0429244207 9780429534416 0429534418 9780429520945 0429520948 9780429549113 0429549113 |
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publishDate | 2019 |
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publisher | Routledge |
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series2 | Critical political economy of South Asia |
spelling | Francis, Smitha Verfasser aut Industrial policy challenges for India global value chains and free trade agreements Smitha Francis Abingdon, Oxon Routledge 2019 1 online resource txt rdacontent c rdamedia cr rdacarrier Critical political economy of South Asia This book looks at the debates on global value chains (GVCs) and free trade agreements (FTAs) as springboards for industrial development in developing countries, especially India. It connects the outcomes in GVC-led industrial restructuring and upgrading to industrial policy choices in trade and FDI liberalisation, in particular those through FTAs. With the share of manufacturing in GDP stagnant at around 15-16% since the 1980s, India's policymakers have pinned their hopes on greater integration into GVCs to revitalise the manufacturing sector. The multiple FTAs the country has signed over the last few years, specifically the ones with the Association of Southeast Asian Nations (ASEAN), South Korea, Malaysia and Japan have been sought to be rationalised using the same argument. The book argues that failing to factor in the industrial policy causalities involved in sustainable indigenous technology development, structural barriers to the entry into GVCs, the assessments of the available evidence on the adverse impact oftrade andFDI liberalisation as well asexistingFTAson firm-level incentives for undertaking domestic production, and the industrial policy constraints imposed by FTAs can prove costly for the trajectories of developing country economies, including India. Rich in data, this book will be useful to scholars and researchers of development economics, economics in general, development studies and public policy as well as government bodies, industry experts and policymakers Industrial policy / India Free trade / India https://www.taylorfrancis.com/books/9780429244209 Verlag URL des Erstveroeffentlichers Volltext |
spellingShingle | Francis, Smitha Industrial policy challenges for India global value chains and free trade agreements Industrial policy / India Free trade / India |
title | Industrial policy challenges for India global value chains and free trade agreements |
title_auth | Industrial policy challenges for India global value chains and free trade agreements |
title_exact_search | Industrial policy challenges for India global value chains and free trade agreements |
title_exact_search_txtP | Industrial policy challenges for India global value chains and free trade agreements |
title_full | Industrial policy challenges for India global value chains and free trade agreements Smitha Francis |
title_fullStr | Industrial policy challenges for India global value chains and free trade agreements Smitha Francis |
title_full_unstemmed | Industrial policy challenges for India global value chains and free trade agreements Smitha Francis |
title_short | Industrial policy challenges for India |
title_sort | industrial policy challenges for india global value chains and free trade agreements |
title_sub | global value chains and free trade agreements |
topic | Industrial policy / India Free trade / India |
topic_facet | Industrial policy / India Free trade / India |
url | https://www.taylorfrancis.com/books/9780429244209 |
work_keys_str_mv | AT francissmitha industrialpolicychallengesforindiaglobalvaluechainsandfreetradeagreements |