• Gyan India's Trade With Japan Constraints And Opportunities Gyan India's Trade With Japan Constraints And Opportunities

Gyan India's Trade With Japan Constraints And Opportunities

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Gyan India's Trade With Japan Constraints And Opportunities

Dr. Abraham Joseph studies the constraints and opportunities for India to diversify exports to Japan between the First and Sixth Plan periods. He explains that a high concentration of non-manufactured exports to Japan is not a desirable element as it causes instability in export earnings in the short run, while the rate of return in the long run would decline. Examining the possibility for India to switch over to a new trading framework with Japan in manufacturers, Dr. Joseph states that with India’s rich factor endowments, it was possible for India to move into this framework. However, during this period, the author demonstrated that production efficiency in Indian industries had inhibited diversification to Japan. Internal industrial production factors had militated against an expansion of export manufactures. Unless these internal barriers are eliminated, it will be difficult for India to compete in the Japanese market, no matter how low levels of protection may be. The study draws implication from experience of newly industrialized countries in their trade with Japan. One of the reasons why these countries expanded trade with Japan rapidly is that the trade flow among them has been stimulated by the technology transfer and foreign investment by Japan into these countries. Until 1980s India’s policies were not adequately harmonized with Japan’s Overseas Investment Policy and for this reason too, among others, no substitution of the Indian Industries have taken place. The study concludes that as Japan moves into the 21st century, many more of Japan’s labour intensive manufacturing industries will enter the re-import stage of its industrial development and will transfer technology and investment overseas. Dr Joseph suggests India to invite Japan’s technology and investment in those specific manufacturing industries as it has major economic advantages.

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Brand / Publisher Gyan Books
Return Policy 30 Days
Book Type Text Books
ISBN 9788121201094
Author Abraham Joseph
Language English
Subject International Studies
Pages 276
Binding Hardback


Brand Information

Gyan a leading publisher, publishes scholarly books on humanities, social science, information technology, education, defence, encyclopaedia, political science, anthropology, art, biography, history, music, environment, philosophy etc. Gyan is committed to academic books of high potential, in order to flow knowledge from India to the whole world. A world wide network stablished in 1984 , Gyan has come a long way, with over 2500 titles published so far. 

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