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The impact of trade and domestic policy reforms in India

Rajesh Chadha, Alan Verne Deardorff, Sanjib Pohit, Robert Mitchell Stern

The major economic reforms undertaken in India since 1991 have brought its economy into a new phase of development directed toward becoming globally competitive through the opening of trade, foreign investment, and technology inflows. The private sector is expected to play a lead role, with a corresponding reduction in the role played by the public sector. This book is aimed at analyzing the comparative static effects of selected post-1991 trade and domestic policy reforms on trade, factor prices, economic welfare, and the intersectoral allocation of resources.

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