Trade and Poverty in India

Trade and Poverty in India

Video Analysis for Trade and Poverty in India

May 08, 2014

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VIDEO

Trade and Poverty in India

After gaining its independence, India moved in a direction of high tariffs and protectionism. In 1990, the average tariff in India was about 80%, meaning higher prices for consumers and less effective and efficient production of goods and services. But, in 1991, reform took hold and India opened their economy to global trade. Tariffs dropped from 80% in 1990 to 37% in 1996. How did gains from trade affect poverty? An increase in exports led to more jobs at home and an increase in real wages. While other reforms happened simultaneously, it is estimated that 38% of the reduction in poverty between 1987-2004 is due to trade. - See more at: http://mruniversity.com/courses/international-trade/trade-and-poverty-india#sthash.zDc17hmG.dpuf

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  • data.worldbank.org   India | Data

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    inequality in China into inequality within each of the ... P., forthcoming. “Trade Liberalization, Poverty ... Poverty and Inequality in China and India

    http://eml.berkeley.edu/~webfac/bardhan/china.pdf

  • www.economist.com   Towards the end of poverty | The Economist

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  • www.global-economic-symposium.org   Trade, Poverty and Inequality — Global Economic Symposium

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    http://gulfnews.com/news/asia/pakistan/india-pakistan-stupidity-must-stop-imran-says-1.1634208

  • tribune.com.pk   South Asia still backward and least integrated - The ...

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    The Express Tribune   •   2 years ago

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  • www.worldbank.org   Speech by World Bank Group President Jim Yong Kim at the ...

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