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The growth of India's manufacturing sector since 1991 has been attributed mostly to trade liberalization and more … permissive industrial licensing. This paper demonstrates the significant impact of a neglected factor: India's policy reforms in …
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Perhaps the most distinctive feature of international trade in recent years is the rise of multistage global production networks in which firms fragment manufacturing production across borders by locating individual production stages in the countries where they can be performed at least cost...
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