The approach to foreign trade policy needs to change
The High Level Advisory Group recommends several different avenues ranging from engaging the WTO to more sector-specific approaches to boost India’s share and importance in the global merchandise and services trade. This report on India’s trade prospects and policies is a constructive plea to policymakers of what needs to be done, what is necessary (and possibly sufficient) to accelerate India’s export growth, and thereby accelerate GDP growth towards a potential of 8+ per annum over the next 11 years. Macro [...]