ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Saikat Sinha RoySubscribe to Saikat Sinha Roy

India's Trade Database

India's trade database suffers from lack of consistency due to reasons ranging from sample bias to coverage of data. To this extent, the empirical estimates are unreliable. This article focuses on the various dimensions of India's trade database and suggests that, apart from adjustments in coverage and survey designs, which could make the trade database more comprehensive, harmonisation of data across production, trade, and prices, would make the database compatible with the emerging economic system.

Strengthening the External Sector-What the Budget Foretells

This paper considers how the 1998-99 Budget has addressed the imperatives fating the country's external sector in the present phase of its increasing integration with the global economy, While discussing the various mechanisms the government could have brought into play to promote exports, the authors argue that increasing the competitiveness of domestic production is the key to improving the country's export performance. This can be brought about by a combination of two sets of initiatives: providing effective infrastructural facilities and strengthening the science and technology infrastructure to generate technologies for industry. An analysis of the budget from these standpoints shows that the budgetary proposals are not adequate to meet the requirements of the domestic productive sectors.

Foreign Direct Investment and Domestic Savings-Investment Behaviour-Developing Countries Experience

Savings-Investment Behaviour Developing Countries' Experience Biswajit Dhar Saikat Sinha Roy Two main arguments have been advanced in support of the role of foreign direct investment (FDl) in stimulating growth processes in developing countries. The first, essentially a short-term view, maintains that FDI can help mitigate problems encountered in external debt management. The second takes a longer-term perspective while arguing that FDl has the potential of meeting the domestic resource gaps of developing countries thereby enhancing their growth prospects. This paper examines these two views by looking at the experience of 16 developing countries which have attracted the largest flows of FDl and have the largest stocks of FDl in the developing world.
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