IE&IFS: Concepts and Practice · Part A: Indian Economic Architecture

Chapter 4: Globalisation, reforms, trade and foreign investment

How India opened up after 1991, where its trade and payments stand today, and the rules for foreign investment.

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

• 4.1Globalisation and Indiap. 45
• 4.2The 1991 crisis and the LPG reformsp. 46
• 4.3Reforms since 1991p. 47
• 4.4Foreign trade, trade policy and agreementsp. 48
• 4.5Foreign investment and the balance of paymentsp. 49
• Exam traps and quick checksp. 50
• Practice: 16 questions in three roundsp. 51
• Answers, with every wrong option explainedp. 53
• Make it stickp. 55
• Chapter 4 on one pagep. 56

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.