Impact of Economic Reforms on External Sector

R.K. Kaundal

Foreign Trade Review, 2005, vol. 40, issue 3, 72-100

Abstract: The impact of economic reforms on the external sector during the post reform period was extremely successful in meeting the balance of payments crisis of 1990s. These reforms improved the openness of the Indian economy vis-a-vis other emerging economies. Indian economy is more deeply integrated with the world economy today than it was in 1991 as a result of high growth rate of both exports and imports. Much, however, remains to be done. Indian economy is still relatively closed compared to its “peer competitors†. Further reduction to tariff protection and liberalisation of capital flows will enhance the efficiency of the economy and along with reforms of domestic policies will stimulate investment and growth.

Date: 2005
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0015732515050304 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:fortra:v:40:y:2005:i:3:p:72-100

DOI: 10.1177/0015732515050304

Access Statistics for this article

More articles in Foreign Trade Review
Bibliographic data for series maintained by SAGE Publications ().