The trade to GDP ratio in 1990-91 was around 12 per cent which has increased to more than 33 per cent in 2009-10 in India indicating tremendous growth in trades. This article clearly indicates greater degree of openness of Indian Economy. The present article discusses growth and composition ...
MSMEs contribute nearly half of India’s exports to the world and 29% of the nation’s GDP. The FTP 2024 serves as an important roadmap for India’s economy to reach new heights and become a key player in world trade. As India moves away from a subsidy-based regime, there is a pres...
It takes India one step closer to the developed economies of the world. Earlier it was agriculture which mainly contributed to the Indian GDP. The Indian government is still looking up to improve the GDP of the country and so several steps have been taken to boost the economy. Policies of ...
China’s GDP grew by 5.0 percent in in 2024, meeting the government’s annual economic target set at the beginning of the year. Fourth-quarter GDP exceeded expectations, rising by 5.4 percent, driven by exports and a flurry of stimulus measures. ...
Switch tonew thesaurus Noun1. trade balance- the difference in value over a period of time of a country's imports and exports of merchandise; "a nation's balance of trade is favorable when its exports exceed its imports" balance of trade,trade gap,visible balance ...
the trade intensity of different regions (measured by trade as a share of an economy, or the trade-to-GDP ratio) has changed since the onset of the global financial crisis. As a measure of this change, the chart simply shows the trade to GDP ratio...
The terms of trade can simply be seen by the ratio between export price and import price in world trade data (Deardorff, 2006). Intuitively, the terms of trade show how much can be imported from a country’s own exports. A country is said to have a good/poor terms of trade if the ...
The expansion in the capacity of the states to spend on development was directed to industrialization in India. This is well known, much less well known is the fact that in the process of pursuing heavy industrialization, India repressed an established s
Reserve Requirement Ratio (%) 4.0 Oct 2024 monthly Oct 1999 - Oct 2024 Foreign Exchange Reserves (USD mn) 26,152.4 May 2023 monthly Dec 1972 - May 2023 Foreign Exchange Reserves: % of GDP (%) 4.000 Oct 2024 monthly Oct 1999 - Oct 2024 Foreign Exchange Reserves: Months of Import (...
In the complex global food system, the dynamics associated with international food trade have become crucial determinants of food security. In this paper, we employ a community detection approach along with a supervised learning technique to explore the