India's liberalisation experience: hostage to the WTO?

This book reviews India's liberalization measures in the last decade, in cognizance of the impact of the country's World Trade Organisation (WTO) membership on the same. The collection of articles by subject experts recognizes that the changes mandated by WTO membership are but one of the three-pronged liberalization measures that the country has been subjected to-in the external, domestic (industrial policies) and financial sectors. The lucid analyses bear out that rather than being WTO-induced, external liberalization of most sectors has been part of India's general economic reform programme, having been shaped by domestic compulsions. India's Liberalization Experience: Hostage to the WTO? also analyses how the country has coped with and benefited from its obligations and rights as a WTO member. It attempts to evaluate the impact of the domestic reforms on the country's economy and the implications thereof on its performance as a WTO negotiator. It tries to dispel the myths regarding the impact of international trade negotiations on India's ongoing reform processes and its developmental and poverty/livelihood concerns. Thus, it will appeal not only to WTO experts, but also to trade policy analysts, academicians, research students, policy-makers, scholars and economists.