HomeNewsOpinionMacro Policy | India’s merchandise exports have stagnated and it is vital to improve competitiveness

Macro Policy | India’s merchandise exports have stagnated and it is vital to improve competitiveness

Manas Chakravarty • June 28, 2019 / 11:40 IST

Export policy in the age of Donald Trump will have to be very different. Moreover, a large part of exports are now the result of being part of global value chains and parts and semi-finished goods make their way several times across borders. A policy of currency depreciation will not work when imports form a large component of exports.

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