Industrial Policy Challenges for India Global Value Chains and Free Trade Agreements Critical Political Economy of South Asia Series
Auteur : Francis Smitha
This book looks at the debates on global value chains (GVCs) and free trade agreements (FTAs) as springboards for industrial development in developing countries, especially India. It connects the outcomes in GVC-led industrial restructuring and upgrading to industrial policy choices in trade and FDI liberalisation, in particular those through FTAs.
With the share of manufacturing in GDP stagnant at around 15?16% since the 1980s, India?s policymakers have pinned their hopes on greater integration into GVCs to revitalise the manufacturing sector. The multiple FTAs the country has signed over the last few years, specifically the ones with the Association of Southeast Asian Nations (ASEAN), South Korea, Malaysia and Japan have been sought to be rationalised using the same argument. The book argues that failing to factor in the industrial policy causalities involved in sustainable indigenous technology development, structural barriers to the entry into GVCs, the assessments of the available evidence on the adverse impact of trade and FDI liberalisation as well as existing FTAs on firm-level incentives for undertaking domestic production, and the industrial policy constraints imposed by FTAs can prove costly for the trajectories of developing country economies, including India.
Rich in data, this book will be useful to scholars and researchers of development economics, economics in general, development studies and public policy as well as government bodies, industry experts and policymakers.
1. Introduction 2. Industrial Policy: Evolution of the Discourse 3. Global Value Chains: Heightening the Industrial Policy Imperative 4. Liberalisation Sans Industrial Policy: The Experience of Indian Electronics Industry 5. Industrial Policy Constraints in Indian FTAs 6. Conclusion. Bibliography
Smitha Francis is Consultant with the Institute for Studies in Industrial Development (ISID), New Delhi, India. Her research interests cover the interfaces between different processes of trade and FDI liberalisation, industrial policy, digital transformations, and manufacturing sector development. Previously, she has worked at Economic Research Foundation (ERF), New Delhi, the Secretariat for International Development Economics Associates (IDEAs) and Research and Information Systems for Developing Countries (RIS), New Delhi. She has also served as a Visiting Faculty member at the South Asian University, New Delhi and Ambedkar University Delhi. In addition, she has been a consultant in projects sponsored by the Department of Commerce, Government of India; Indian Council for Social Science Research (ICSSR); Rosa Luxemburg Foundation, Brussels; Centre for WTO Studies, New Delhi; Frederick S. Pardee Centre for the Study of the Longer-Range Future, Boston University; UN OHCHR and UNICEF.
Date de parution : 12-2020
13.8x21.6 cm
Date de parution : 03-2019
13.8x21.6 cm
Thèmes d’Industrial Policy Challenges for India :
- Économies et politiques économiques mondiales : relations économiques internationales / douanes, exportation
- Initiation à l'économie, théories et études économiques
- Organisation commerciale : commerce, vente, distribution
- analyse, budget, trésorerie, financement, investissement, gestion prévisionnelle
Mots-clés :
SME Participation; Vertical Industrial Policies; industrial policy; Vertical FDI; India’s manufacturing sector; Horizontal FDI; global value chains; FDI Liberalisation; free trade agreements; India’s FTAs; Indian electronics industry; Offshoring Intensities; FDI policy; Horizontal Industrial Policies; trade liberalisation; Policy; GVC Participation; State and development; Increasing Returns Activities; technology development; FTA Partner; WTO-plus liberalisation; Impact Firm Level; GVCs; Developing Country Firms; India ASEAN FTA; indigenous capabilities; Tariff Liberalisation; export competitiveness; ISDS Provision; ITA-1; TRIMs Agreement; import; LCD TV; FDI-led industrial restructuring; Gat Schedule; productivity; FDI Channel; foreign direct investment; ITA-1 Products; FDI Inflow; Firm Level Technological Capabilities; Investment Chapters