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EconomicsVolume 2: India and the International Economy$
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Jayati Ghosh

Print publication date: 2015

Print ISBN-13: 9780199458943

Published to Oxford Scholarship Online: September 2016

DOI: 10.1093/acprof:oso/9780199458943.001.0001

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Trade and Employment in India

Trade and Employment in India

(p.358) 9 Trade and Employment in India

Sumangala Damodaran

Oxford University Press

From the late 1970s, theorists of economic liberalization have argued for positive growth, allocative efficiency, and employment effects of reforms in various markets, of which the labour market and export and import markets have been considered the most prominent from the point of view of employment creation. This chapter is about the relationship between trade and employment in the Indian case. The chapter reviews the broad trends in trade and employment from the beginning of the 1990s in India, and provides a review of the theoretical and empirical literature on the trade–employment relationship in general and then specifically for the Indian case.

Keywords:   trade liberalization, foreign trade regimes in India, export performance, current account balance, employment, growth

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