India’s Export Under Neo-Protectionism with Special Emphasis Upon EU and Japan

Abstract

In this study, we would like to examine the export prospect of India in the era of neo-protectionism. This particular era is characterized by increased used of trade barriers mainly by the large economies and a very sluggish growth in world export as a whole. Our study shows that both tariff and non-tariff barriers as well as world income affect India’s exports significantly. And, India as of 2017–2018, exports nearly 40% of its exportable to the developed world. So, the present era is not very encouraging for India. As a strategic response, it may try to re-orient its exports from more restrictive developed countries like European Union to countries like Japan, which are much less restrictive, as complete re-orientation from developed to developing world is not possible.

Citation

Jha, S. and Rahman, A. (2021), "India’s Export Under Neo-Protectionism with Special Emphasis Upon EU and Japan", Das, R.C. (Ed.) Global Tariff War: Economic, Political and Social Implications, Emerald Publishing Limited, Leeds, pp. 187-202. https://doi.org/10.1108/978-1-80071-314-720211015