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  • WTO Assignment 1 - Group 6 Final

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    Rashi Singh
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    India is developing into an open-market economy, yet traces of its past autarkic policies remain. In 2010, the Indian economy rebounded from the global financial crisis because of strong domestic demand and growth exceeded 8% year-year in real terms. Merchandise exports accounted about 15% of the country's exports in 2010.

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    India is developing into an open-market economy, yet traces of its past autarkic policies remain. In 2010, the Indian economy rebounded from the global financial crisis because of strong domestic demand and growth exceeded 8% year-year in real terms. Merchandise exports accounted about 15% of the country's exports in 2010.

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    10 views7 pages

    WTO Assignment 1 - Group 6 Final

    Uploaded by

    Rashi Singh
    India is developing into an open-market economy, yet traces of its past autarkic policies remain. In 2010, the Indian economy rebounded from the global financial crisis because of strong domestic demand and growth exceeded 8% year-year in real terms. Merchandise exports accounted about 15% of the country's exports in 2010.

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    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 7

    GDP Growth VS Growth In Exports in INDIA

    Introduction

    Indian Economy Scenario

    GDP Growth Vs. Growth in Exports


    30 25

    20

    15

    10

    GDP(Y) exports(X)

    0 1965

    1970

    1975

    1980

    1985

    1990

    1995

    2000

    2005

    2010

    2015

    -5

    -10

    WTO Assignment 1 Group 6\Exports_vs_GDP_regression_Analysis.xlsx

    CONCLUSION
    India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization which began in the early 1990s has served to accelerate the country's growth and has averaged more than 7% per year since 1997.

    In 2010, the Indian economy rebounded from the global financial crisis because of strong domestic demand and growth exceeded 8% year-on-year in real terms.
    Merchandise exports accounted about 15% of GDP.

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