The Impact on India of Trade Liberalization in the Textiles and Clothing Sector
November 1, 2005
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Summary
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.
Subject: Exports, Imports, Manufacturing, Tariffs, Trade policy
Keywords: ATC quota, market share, quota elimination, textile and clothing export, textile industry, WP
Pages:
39
Volume:
2005
DOI:
Issue:
214
Series:
Working Paper No. 2005/214
Stock No:
WPIEA2005214
ISBN:
9781451862331
ISSN:
1018-5941
