This policy brief shows that if a country intends to use trade as an engine for growth and development, then it should not overlook imports. The first section provides evidence that imports are an important determinant of export performance. Therefore, the success of an export-led growth...

The impact of trade liberalization on productivity growth is still an empirical issue; the theoretical literature is as yet unclear on the direction of any such association. This paper develops an analytical framework and employs it to empirically test whether trade liberalization in Indian...