Publication
7 Jul 2008
This brief explores the reasons for the huge increase in India's trade deficit in 2007 and 2008 and the implications for the economy. It discusses possible reasons for an enlarged trade deficit and identifies the growth of oil imports as well as the quickly rising oil prices as the main causes. The author argues that India's economy is capable of managing the trade deficit.
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English (PDF, 3 pages, 573 KB) |
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Author | Amitendu Palit |
Series | ISAS Briefs |
Issue | 72 |
Publisher | Institute of South Asian Studies (ISAS) |
Copyright | © 2008 Institute of South Asian Studies (ISAS) |