 인도의 통상정책 분석과 한-인도 협력 방안(Analysis on India’s Trade Policy and Its Implications for Korea-India Cooperation)Jeong Gon Kim (),
Hyoungmin Han (),
Hyeyoon Keum (),
Jong Hun Pek () and
Sunhyung Lee ()
No 21-5, Policy Analyses from Korea Institute for International Economic Policy Abstract: 한국과 인도의 경제교류는 한-인도 CEPA와 신남방정책을 계기로 확대되고 있지만, 두 나라의 잠재력을 감안할 때 아직 미흡하다. 본 연구는 인도의 통상정책과 대외 무역투자 관계에 대한 분석을 통해 한-인도 통상협력을 심화하는 데 기여하고자 한다. 제2장에서는 1990년대 인도의 개방화 이후를 중심으로 상품과 서비스무역 및 투자정책의 추이와 특징을 분석하였다. 제3장과 4장에서는 한국을 비롯한 인도의 주요 대상국별 무역 및 투자구조를 분석하였으며, 제5장에서는 글로벌 생산 네트워크상에서 인도의 위상을 분석하였다. 이상을 종합하여 제6장에서는 한-인도 통상협력에 대한 시사점을 제시하였다. Economic exchanges between Korea and India have been expanding since the signing of the Korea-India CEPA, which tookeffect in 2010, and the recent promotion of the New Southern Policy (NSP) by Korea, but the level of exchange still remains insufficient considering the potential of the two countries. This study aims to contribute to deepening Korea-India trade cooperation by analyzing India’s trade policy and trade investment relations. Taken overall, Chapter 2 analyzes the trends of commodity & service trade and characteristics of investment policies, centering around India’s economic liberalization since the 1990s. Chapters 3 and 4 examine India’s recent trade and investment structure with major countries including Korea, and Chapter 5 analyzes India’sstatus on the global production networks. In conclusion, Chapter 6 presents various implications for Korea-India trade cooperation. Looking at Chapter 2 in more detail, India has achieved great results in lowering tariff rates and easing investment barriers by promoting full-fledged liberalization policies since 1991. In particular, investment barriers have been significantly lowered and automatic approval is now being implemented in most areas, reflecting the remarkable improvements made in the investment environment since the inauguration of the Modi government. But at the same time, India has continued to actively utilize non-tariff barriers such as anti-dumping measures, and has been showing a trend of raising tariff barriers since 2018 with the aim of establishing its economic self-reliance. In short, India has placed its focus on developing its own production base by attracting foreign investments. And in spite of steady liberalization, India’s trade policy continues to lean towards the protection of domestic industries. According to Chapter 3, as intermediate goods account for an increasing proportion of total trade in goods, India’s status as a global production base is on the rise. In recent years, India’s major import destinations have switched from North America and Europeto China, Korea, and Southeast Asia, and in particular, trade with Korea has significantly expanded since 2000s.(the rest omitted) Keywords: 무역정책; 외국인직접투자; Trade Policy; Foreign Direct Investment (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ris:kieppa:2021_005 Access Statistics for this paper More papers in Policy Analyses from Korea Institute for International Economic Policy [30147] 3rd Floor Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si, Korea. Contact information at EDIRC. |
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