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Poverty impact of Doha: India

Briefing/policy paper

Briefing/policy paper

Trade liberalisation in India has consisted of tariff reductions, elimination of quotas, and also economic reforms. In India, trade
reforms followed macroeconomic reforms. Stiglitz has referred to India as a successful case of globalisation. The average rate
of growth in the twelve-year period since India initiated the process of economic reforms has been around 6% p.a. Part of
this growth can be attributed to the substantial change in the composition of the Indian economy since the Uruguay Round;
from import substitution to outward orientation. The Round resulted in trade gains as well as some poverty alleviation
for India.

Veena Jha, James Nedumpara, Sarika Gupta