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The Impact on India of Trade Liberalization in the Textiles and Clothing Sector

Sonali Jain-Chandra and Ananthakrishnan Prasad

No 2005/214, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; market share; quota elimination; ATC quota; textile industry; textile and clothing export (search for similar items in EconPapers)
Pages: 39
Date: 2005-11-01
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Citations: View citations in EconPapers (6)

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