A number of changes have occurred in the Trade Policy of India in recent months. In certain ways, they are unprecedented. A substantial devaluation has been brought about, CCS has been withdrawn, EXIM scripts have been introduced and norms for foreign direct investments liberalized. The present book studies these changes in depth, particularly the devaluation. It also focuses light on the crisis that led to these changes and the issues they raise. A useful compendium for students of economics and businessmen, aiming at making the rationale behind these changes transparent
ABOUT THE AUTHOR Bibek Debroy
Bibek Debroy is Director of the Rajiv Gandhi Institute for Contemporary Studies (RGICS), Rajive Gandhi Foundation, New Delhi. He is a professional economist and was educated in Presidency College (Calcutta), Delhi School of Economics and Trinity College (Chambridge). He has worked at Presidency College (Calcutta), Gokhale Institute of Politics and Economics (Pune), Indian Institute of Foreign Trade (Delhi), National Council of Applied Economic Research (Delhi) and as consultant, Department of Economic affairs, Ministry of Finance, Government of India. He was also the Director for a project known as LARGE, set up by the Ministry of Finance and UNDP to Consulting Editor with Financial Express. Bibek Debroy's special interests are international trade in particular the WTOI, law reform and the political economy of liberalization in India. He has been listed in many bibliographies and has been a member of several government committees.
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