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The Impact on India of Trade Liberalization in the Textiles and Clothing Sector
Author:
Ms. Sonali Jain-Chandra
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and
Mr. Ananthakrishnan Prasad
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Series:
IMF Working Papers
Volume/Issue:
Volume 2005: Issue 214
Language:
English
Publication Date:
01 Nov 2005
DOI:
https://doi.org/10.5089/9781451862331.001
ISBN:
9781451862331
ISSN:
1018-5941
Pages:
39
Keywords:
WP; market share; quota elimination; ATC quota; textile industry; textile and clothing export
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund