India's Manufactured Exports: Comparative Structure and Prospects.

The technological structure of export matters for their growth: learning and path dependence mean that structures are difficult to change as technologies evolve. Trade liberalization per se is insufficient. Countries need to upgrade domestic skill and technology and attract sophisticated foreign dir...

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Main Author: Lall, S
Format: Journal article
Language:English
Published: 1999
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author Lall, S
author_facet Lall, S
author_sort Lall, S
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description The technological structure of export matters for their growth: learning and path dependence mean that structures are difficult to change as technologies evolve. Trade liberalization per se is insufficient. Countries need to upgrade domestic skill and technology and attract sophisticated foreign direct investment (FDI) to "dynamise" their export structures. A comparative analysis of Indian manufactured exports suggests that their structure and positioning are not suited to sustained growth. The base for rapid structural change--through FDI or domestic capabilities is weak. The current export slowdown in India reflects external conditions and may end soon: however, this does not assure rapid future growth.
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spelling oxford-uuid:f33aeef0-7cd1-4f47-ae44-e99edbaa13722022-03-27T12:10:33ZIndia's Manufactured Exports: Comparative Structure and Prospects.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:f33aeef0-7cd1-4f47-ae44-e99edbaa1372EnglishDepartment of Economics - ePrints1999Lall, SThe technological structure of export matters for their growth: learning and path dependence mean that structures are difficult to change as technologies evolve. Trade liberalization per se is insufficient. Countries need to upgrade domestic skill and technology and attract sophisticated foreign direct investment (FDI) to "dynamise" their export structures. A comparative analysis of Indian manufactured exports suggests that their structure and positioning are not suited to sustained growth. The base for rapid structural change--through FDI or domestic capabilities is weak. The current export slowdown in India reflects external conditions and may end soon: however, this does not assure rapid future growth.
spellingShingle Lall, S
India's Manufactured Exports: Comparative Structure and Prospects.
title India's Manufactured Exports: Comparative Structure and Prospects.
title_full India's Manufactured Exports: Comparative Structure and Prospects.
title_fullStr India's Manufactured Exports: Comparative Structure and Prospects.
title_full_unstemmed India's Manufactured Exports: Comparative Structure and Prospects.
title_short India's Manufactured Exports: Comparative Structure and Prospects.
title_sort india s manufactured exports comparative structure and prospects
work_keys_str_mv AT lalls indiasmanufacturedexportscomparativestructureandprospects