Chapter

India in the global (political) economy

Sagarika Dutt

in India in a Globalized World

Published by Manchester University Press

Published in print July 2006 | ISBN: 9780719069000
Published online July 2012 | e-ISBN: 9781781701409 | DOI: http://dx.doi.org/10.7228/manchester/9780719069000.003.0005
India in the global (political) economy

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This chapter explores the history of India's integration into the international/global economy. It discusses how foreign trade in pre-colonial times had increased the prosperity of many regions in India and how the process of industrialisation benefitted certain classes in society. It highlights the imposition of restrictions on foreign trade and foreign investment after India's independence and describes emerging opportunities in the twenty-first century in the post-liberalisation era.

Keywords: India; global economy; foreign trade; pre-colonial times; industrialisation; foreign investment; post-liberalisation era

Chapter.  15414 words. 

Subjects: International Relations

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