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Make in India : Which Exports Can Drive the Next Wave of Growth?

By: Contributor(s): Material type: TextTextSeries: IMF Working PapersPublisher: Washington, D. C. : International Monetary Fund, 2015Copyright date: ©2015Edition: 1st edDescription: 1 online resource (92 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781513542270
Subject(s): Genre/Form: Additional physical formats: Print version:: Make in IndiaDDC classification:
  • 382.0954
LOC classification:
  • HF3784 .A536 2015
Online resources:
Contents:
Cover Page -- Title Page -- Copyright Page -- I. Introduction and Motivation -- II. The Evolution of India's Export Basket -- III. The Transformation of India's Exports -- IV. Implications of The Evolution of Indian Exports -- V. The Way Forward -- Appendix on Methods -- Diversification -- Technology Intensity of Exports -- Quality -- Relative Comparative Advantage (RCA) -- Sophistication -- Indicators used in Product Space Analysis -- Bi-Partite Network Structure - Complexity -- Complexity -- References -- Footnotes.
Summary: Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India's exports by the technological content, quality, sophistication, and complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the border; (2) further liberalization of FDI including through simplification of regulations and procedures; (3) improving infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor resources (skills) and markets (flexibility) for the technological progress that will shape jobs in the years ahead; and (5) creating an enabling environment for innovation and entrepreneurship to draw the economy into higher productivity activities.
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Cover Page -- Title Page -- Copyright Page -- I. Introduction and Motivation -- II. The Evolution of India's Export Basket -- III. The Transformation of India's Exports -- IV. Implications of The Evolution of Indian Exports -- V. The Way Forward -- Appendix on Methods -- Diversification -- Technology Intensity of Exports -- Quality -- Relative Comparative Advantage (RCA) -- Sophistication -- Indicators used in Product Space Analysis -- Bi-Partite Network Structure - Complexity -- Complexity -- References -- Footnotes.

Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India's exports by the technological content, quality, sophistication, and complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the border; (2) further liberalization of FDI including through simplification of regulations and procedures; (3) improving infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor resources (skills) and markets (flexibility) for the technological progress that will shape jobs in the years ahead; and (5) creating an enabling environment for innovation and entrepreneurship to draw the economy into higher productivity activities.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.

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