In recognition of the growing importance of foreign trade in the Indian economy, this book provides a comprehensive description and analysis of post-Independence developments in India's foreign trade and allied sectors with focus on post-1991 period. The book covers the following specific topics: Changing Pattern of International Trade; Pre- and Post-Independence Developments in India's Foreign Trade; Compositional and Directional Shifts in Exports from India; Compositional and Policy Shifts in Imports into India; Foreign Trade Policy in Recent Years; Rationalisation, Simplification and Moderation of Customs Tariff Regime; Current Account Convertibility and Flows; Capital Account Convertibility and Flows; Exchange Rate Determination and Management; Foreign Exchange Reserves; External Debt and Aid; Foreign Direct Investment (FDI) and Foreign Portfolio Investment. The book provides special coverage to the following topics: (a) Globalisation and International Trade, (b) Global Economic Crisis and International Trade, (c) India's Regional Trade Agreements (RTAs), (d) World Trade Organisation (WTO) and India's Foreign Trade and (e) Global Economic Crisis and the Indian Economy.
Dr. Vibha Mathur is presently an Associate Professor in the Department of Commerce, Jesus and Mary College (JMC), University of Delhi, New Delhi. She received her M.Phil. and Ph.D. degrees from the Department of Commerce, Delhi School of Economics (DSE), University of Delhi. She has written extensively on India's foreign trade and authored a number of books on the subject. The prominent ones include: Foreign Trade, Export-Import Policy and Regional Trade Agreements of India, WTO and India: Development Agenda for the 21st Century, and India-European Union Trade Prospects and the Impact of Euro. She was a visiting fellow at the European Commission and Parliament in Brussels, Belgium, in May 2001. In June 2005, she visited, as a guest, the University of Victoria, Melbourne, Australia. In March 2003, she was selected by the University Grants Commission (UGC), New Delhi for a post-doctoral research project titled: Birth of Euro and its Implications for India-Eurozone Trade. The project was successfully completed and submitted to UGC in May 2005. She has also completed another UGC project titled: Trade Liberalisation and its Impact on India-ASEAN Trade.