Impact of Chinese Imports on Indian Industry | Marginal Babble Ep.27 with Dr Pavel Chakraborty
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In this episode, we explore the impact of trade openness on India's economy with economist Pavel Chakraborty. Discover how Chinese imports have lowered prices but challenged Indian firms' profits. Learn about the effects of tariffs, the role of India's manufacturing sector, and the strategic implications for future growth. Perfect for those interested in trade policy and economic development
Professor Pavel Chakraborty
https://pavelchakraborty.weebly.com/
‘Chinese Import Competition and Prices: Evidence from India’:
https://onlinelibrary.wiley.com/doi/abs/10.1111/obes.12632
Timestamps
00:00: Intro
00:41: India’s Manufacturing Sector
06:16: Why Has China Dominated Global Manufacturing Instead of India?
14:50: India’s Trade Openness
18:00: Tariff Rates (Developed VS Developing Economies)
22:03: Effects of Cheap Chinese Imports on India Manufacturing
34:38: Effects of Cheap Chinese Imports on the Wider Indian Economy
39:40: Why ‘Stand Alone Firms’ Responded Stronger than Other Firms
42:35: The Impact on Other Asian Countries
46:42: Changing Global Tarriff Policies
49:28: Future of Indian Trade Policy
57:02: What Future Research Needs Conducting?
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