The present book is essentially an exercise in the economics of some international aspects of Indian economic development. Such a study has been made in the larger context of the theories of international trade to understand as to what extent these theories are relevant to the developing countries. Its basic objective is to analyse the behavior of India’s commodity exports, its rate of growth since the beginning of the plan period, changes in its structure both in terms of direction and in terms of commodity composition as well as other structural features such as its unstable behavior over time, diversification and linkage effects
The book contains five chapters. The first chapter is a broad survey of the theories of international trade and their relevance to the developing countries. An attempt has been made to assess the performance of Indian exports in terms of both rupees and U.S. dollars in the second chapter. The third chapter examines the effect of the rate of growth on the growth of the economy. The fourth chapter analyses the functional relationship between the growth of national income and growth of exports both in general and sectoral aspects. The fifth chapter contains the main findings and conclusion f the study.
Thus, in this book an attempt has been made to formulate the guidelines of an appropriate export policy for the future in the light of experience of the policy followed so low in all its aspects with a view to lead to the emergence of the Indian economy as a major player in the arena of international trade.
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