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The Impact on India of Trade Liberalization in the Textiles and Clothing Sector

Year: 2005

Type: article

Abstract: We analyze the impact of the elimination of textile and clothing (T&C) quotas in 2005 on India. Our simulations suggest that while Indian exports of T&C will continue to expand in the presence of the safeguards on China, they will be affected adversely once these safeguards are lifted. We argue that India could emerge much stronger and expand its trade in T&C at a much faster pace, if some of the key domestic structural weaknesses are overcome.

Source: IMF Working Paper

DOI: 10.5089/9781451862331.001

Authors: Sonali Jain-Chandra, Ananthakrishnan Prasad

Institution: International Monetary Fund

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: bronze

OpenAlex ID: W2955783587