Recent Trends in India's Merchandise Trade: Warning Signs for the Economy

Recent Trends in India's Merchandise Trade: Warning Signs for the Economy

The contraction of India's merchandise trade, both exports and imports, from December 2014 is a worrying development, even if it has led to a temporary improvement in trade balance. The substantial decline in international oil prices, and its direct impact on value of trade, explains this fall...

Full description

Saved in:
Bibliographic Details
Published in:Economic and political weekly Vol. 50; no. 33; pp. 14 - 17
Main Author: MAZUMDAR, SURAJIT
Format: Journal Article Magazine Article
Language:English
Published: Mumbai Sameeksha Trust 15-08-2015
Athena Information Solutions Pvt. Ltd
Subjects:
Analysis
Balance of trade
COMMENTARY
Commodities
Crude oil prices
Economic aspects
Economic conditions
Economic growth
Exports
GDP
Global economy
Gold
Gross Domestic Product
India
International trade
Manufacturing
Trends
India
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The contraction of India's merchandise trade, both exports and imports, from December 2014 is a worrying development, even if it has led to a temporary improvement in trade balance. The substantial decline in international oil prices, and its direct impact on value of trade, explains this fall only partially. An analysis of the figures tends to confirm the persistence of industrial stagnation rather than a revival of growth in Indian manufacturing, and suggests that this tendency is being reinforced.
Bibliography:content type line 24
ObjectType-News-1
SourceType-Magazines-1
ISSN:0012-9976
2349-8846