DBS
Student name: Jetsy Raichal Thomas
Student number: 20026583
Dissertation title:
Impact of International Trade in the
Economic Growth in India
.
Research background:
• India had a closed economy with minimal international trade before to the 1990s. Following
1991, economic liberalization lowered tariffs, deregulated sectors of the economy, and
attracted in foreign capital, all of which considerably enhanced growth by promoting
international trade and investment.
• The analysis of how trade liberalization impacts various Indian regions highlights how
different trade policies can have diverse effects on economic results, providing crucial
information about growth patterns and economic disparities. (Topalova, P. 2010)
• It highlights trade liberalization's ongoing significance as a driver for economic development
through a longitudinal analysis to show how it has affected India's economic progress during
the COVID-19 Pandemic (Chandrasekhar, C. P., & Ghosh, J. (2020))
• India’s Foreign Trade and impact of exports on Foreign Exchange Reserves of India
(Preethi& Kuldip Singh Chhikara ,International Journal of Research in Humanities 2018)
Research questions
• RQ1:What impact have import and export volumes had on India's GDP growth
in recent decades, and how have trade liberalization policies shaped that
growth?
• RQ2:What effect does FDI have on India's industrial productivity and technical
advancement?
• RQ3:What influence does trade openness have on the improvement in
productivity in various Indian economic sectors?
Aims and Objective
• Aims:
• To study the factors that impact of international trade on Indian
economy and its Financial status.
• Objective:
• To study the contribution of international trade towards economy.
• To analyze and identify the factors which has an impact on economic
growth.
Research Design
• Mix Method Approach ( Both Qualitative research and Quantitative research)
• Though qualitative approaches offer in-depth insights into particular parts of
the phenomenon, quantitative methods provide overall patterns and statistical
correlations between global trade and economic expansion.
• Interviews and surveys provide specific information about how stakeholders
assess the impact of international trade in many sectors.
• This research focuses on 15-20 sample size of Businesses.
• Data Analysis:The data was summarised and structured using correlation and
descriptive statistics to analyse the secondary data. Correlation analysis
determines how much one variable changes as a result of the change in the
other
References
• Factor Immobility and Regional Impacts of Trade Liberalizationby P Topalova · 2010
• The Effect of International Trade on emerging economies: The case of Indiaby I EDOUN ·
2017 (https://ideas.repec.org/p/sek/iacpro/5907962.html)
• https
://www.researchgate.net/publication/328216297_INDIA'S_FOREIGN_TRADE_AND_IMPACT
_OF_EXPORTS_ON_FOREIGN_EXCHANGE_RESERVES_OF_INDIA
