Exchange Rates And Merchandise Trade In Liberalised India Critical Political Economy Of South Asia

This book examines the linkages between exchange rates and Indiaâs merchandise trade since the 1990s. It looks at Indiaâs trade in the post-liberalisation period through its two main components: commodities and trading partners, and provides a birdâs eye view through aggregate analyses accompanied by a historical narrative of the evolution of trade and exchange rate dynamics. Presenting a comprehensive analysis of bilateral and product-specific trade, the book explores the impact of exchange rate on labour intensive sectors and charts out major development. It also offers compelling evidence to suggest that if some commodities are identified as integral to Indiaâs export plans, then the impact of exchange rate must be weighed by the Reserve Bank of India (RBI) prior to a market intervention.

This timely volume will be of interest to scholars and researchers of economics, business and finance, development studies, trade, business, and industry as well as practitioners, think-tanks, and policy makers.