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India’s Rise: Toward Trade-Led Growth
C. Fred Bergsten
[PDF.vi15] India’s Rise: Toward Trade-Led Growth
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| 2015-09-17 | 2015-09-17 | File type: PDF|
A new study by C. Fred Bergsten shows that India could increase its exports by $500 billion per year by joining the next stage of the Trans-Pacific Partnership (TPP) trade agreement. Bergsten argues trade liberalization would enable India to increase its annual economic growth to 8 to 10 percent, as targeted by the government of Prime Minister Narendra Modi. Millions of new jobs would be created as a result, and poverty would be substantially further reduced. By contrast...
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