15 November, 2019Trade disruption, industrialisation, and how the sun set on British rule in India
It is argued that by keeping India open to imports of cheap British manufactures, the imperial power made it excessively difficult for Indian industry to emerge in the early 20th century. This article...
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Roberto Bonfatti Björn Brey 
18 May, 2020
- Articles
The new globalisation and income inequality
Trade in intermediates (or ‘unbundling of production') and trade in capital have become increasingly important in last 25 years. This article shows that trade in intermediates generates a reallocati...
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Sergi Basco Marti Mestieri
- 19 June, 2019
- Articles
Exports, global production sharing, and job creation in India
Is it in the interest of a country to promote strong local linkages for its domestic industries or to participate in global production sharing activities wherein linkages are globally dispersed? This ...
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Garima Dhir C. Veeramani
- 09 October, 2019
- Articles
Boosting Indo-Pak agricultural trade
Despite close geographical proximity of India and Pakistan and implementation of SAFTA almost a decade ago, trade potential between the two countries remains largely unexploited. This column analyses...
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Ramesh Chand Raka Saxena
- 02 April, 2015
- Articles
Mega-trading blocs: Where does India stand?
Emerging multilateral trading agreements, resulting in mega-trading blocs, seem to be replacing global negotiations through the WTO. In this article, Sharmila Kantha assesses the potential impact of ...
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Sharmila Kantha
- 07 November, 2014
- Perspectives
International trade, domestic labour laws and India’s manufacturing sector
India has a multitude of restrictive labour laws and these have been found to adversely affect economic performance of manufacturing firms. This column illustrates how the impact of trade liberalisati...
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Devashish Mitra
- 22 September, 2014
- Articles
Protectionism under the guise of food security
India has backed out of the commitment it made at the WTO negotiations in Bali in November 2013. The implicit explanation is that the government needs to accumulate food grain stocks to provide subsid...
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Ashok Kotwal Milind Murugkar Bharat Ramaswami
- 10 August, 2014
- Perspectives
India's WTO problem: A proposal
India is threatening to block the WTO Trade Facilitation Agreement unless its agricultural policies are exempted from multilateral scrutiny. This article contends that while India’s objectives on ag...
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Arvind Subramanian
- 31 July, 2014
- Perspectives
Impact of trade reforms on labour’s share of firm revenues
The decline in labour’s share of national income in recent decades – a potential cause of rising inequality – has coincided with an increase in world trade. This column analyses the impact of tr...
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Reshad N Ahsan Devashish Mitra
- 25 July, 2014
- Articles
Turning to the pharmaceutical sector for enhancing India-Pakistan trade
Various efforts have been made to normalise trade relations between India and Pakistan in the past few years; yet, several barriers remain. This column examines the trade potential in pharmaceuticals ...
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Devyani Pande Manoj Pant
- 23 July, 2014
- Articles
Trade as aid
Preferential or duty/quota-free trade access to developing countries, as a form of foreign aid by developed countries, is considered to have both pros and cons. This column analyses data from Banglade...
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Ivan Cherkashin Svetlana Demidova Hiau Looi Kee Kala Krishna
- 09 June, 2014
- Articles
An Indian trade paradox
India’s trading partners often complain about the restrictiveness of India’s trade regime. This column argues that they are both right and wrong. While India´s economy is ‘closed’ in terms of...
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Arvind Subramanian
- 09 April, 2014
- Articles
Bali conundrum: WTO and Indian agriculture
The outcome of the recent WTO meetings at Bali is a stopgap arrangement, which implies that the Indian government does not have to make any changes in the implementation of the new Food Security Act i...
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Ashok Kotwal Milind Murugkar Bharat Ramaswami
- 15 January, 2014
- Perspectives
Exchange-rate pass-through by Indian and Chinese exporters
The pricing behaviour of exporters in emerging markets confirms that the already well-reported decline in exchange rate sensitivity of import prices is due to export prices becoming more sensitive to ...
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Sushanta Mallick Helena Marques
- 15 April, 2013
- Articles
Potato Traders in West Bengal: A Survey of Contractual Relations and Market Structure
This study consists of a pilot survey of a random subset of phorias (middlemen) and larger traders who operate in 72 villages of West Medinipur and Hugli districts in West Bengal and their correspondi...
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Pushkar Maitra Sandip Mitra Dilip Mookherjee Alberto Motta Sujata Visaria
- 01 December, 2012
- IGC Research on India
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Trade rules in e-commerce: Opportunities and concerns for India
India, which is among the fastest growing markets for e-commerce in the world, submitted a formal document to the WTO in December 2017 opposing any negotiations on trade in the sector. In this post, M...
- Avantika Kapoor Arpita Mukherjee
- 04 June, 2018
- Perspectives
What explains India’s poor performance in garment exports?
India has been losing its share of the world garment trade over time – it went down from 6% in 2013 to 3.5% in 2016. This article examines the Indian garment industry based on a survey of garment ma...
- Saon Ray
- 28 August, 2019
- Articles
Mega-trading blocs: Where does India stand?
Emerging multilateral trading agreements, resulting in mega-trading blocs, seem to be replacing global negotiations through the WTO. In this article, Sharmila Kantha assesses the potential impact of ...
- Sharmila Kantha
- 07 November, 2014
- Perspectives