Trade Liberalization Policy in India

Ira Gang

Departmental Working Papers from Rutgers University, Department of Economics

Abstract: There are many explanations for apparently sudden changes in trade liberalization policy in India. This paper examines some of these explanations against the history and characteristics of trade liberalization policy in India. It proposes an additional interpretation based on the self-interested behavior of policy-makers. The interpretation is consistent with other explanations, and adds some insight into the sudden starts and stops of liberalization attempts. It also predicts that though the present liberalization may be permanent, it will not be thorough.

Keywords: India; protection; reform; tariffs; trade liberalization (search for similar items in EconPapers)
JEL-codes: D72 D78 F13 (search for similar items in EconPapers)
Date: 1996-08-01
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rut:rutres:199413

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