Indian manufacturing lacks logistics

Kandla, one of India’s busiest ports, looks deserted as containers and cargo await loading onto stranded ships, in western India. (Photo: AAP).

Author: Saurabh Bandyopadhyay, NCAER

The state of India’s manufacturing sector is concerning. Especially when compared to the massive transformation registered in this sector by other Asian countries in similar stages of development. Contributing around 16 per cent of India’s GDP, manufacturing remains far below its potential, which should be at least 25 per cent. Read more…

Trade policy lessons from Australia

Author: Bill Carmichael, Canberra

The goal of trade policy is not limited to increasing export opportunities. Nor is it just about improving trade balances. Rather trade policy is about taking opportunities to improve the economy’s productive base. Read more…

India must waste no time Acting East

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Author: Hemant Shiv, ANU

Since the turn of the 21st century, the Asia-Pacific region has become central to Indian strategic thinking. The Act East policy, unveiled by the Indian Prime Minister Narendra Modi in late 2014, reinforced this objective. Read more…

Why has SAFTA failed to boost Pakistan–India trade?

Authors: Nasir Iqbal, BISP, and Saima Nawaz, COMSATS

Pakistan’s trade with India leaves much to be desired. The volume of bilateral trade is very low, ranging between only 2 to 3 per cent of each country’s total trade, and is concentrated in a few commodities. Read more…

Are China and the EU on a collision course?

Steelworkers demonstrate China's potential MES status in front of the European Commission building in Brussels during a on 15 February 2016.

Author: Stephen Olson, Hinrich Foundation

The future of the EU–China trade relationship — one of the largest in the world — will be substantially impacted by a debate over whether China should be granted ‘market economy status’ (MES) this year. Under the terms of China’s ‘Protocol of Accession’ to the World Trade Organization, WTO members are allowed to treat China as a ‘non-market economy’ until December 2016. After that time — at least in the Chinese interpretation — WTO members are to accord China MES. Read more…

TPP keeps the internet’s rules liberal

Delegates from the 12 countries attend a joint press conference in Atlanta, USA on 5 October 2015 after reaching an agreement on the Trans-Pacific Partnership. (Photo: AAP).

Author: Claude Barfield, American Enterprise Institute

There has been a good deal of hype touting the recently concluded Trans-Pacific Partnership (TPP) agreement as the first ‘21st century’ trade pact. Whether it lives up to this high accolade is currently under debate, both in the United States and among the 11 other TPP member states that still need to pass the agreement through their national legislatures. But in one area — e-commerce — there is no doubt that the negotiators did agree to provisions that strongly advance liberalisation of internet trade flows and enhance commerce and investment through the medium of cyberspace. Read more…

Getting the basics right on India’s SEZs

A stock ticker displays closing figures for the Sensex Index on a street in New Delhi, India. (Photo: AAP).

Author: Amitendu Palit, Institute of South Asian Studies

Indian Prime Minister Narendra Modi’s signature ‘Make in India’ initiative — which aims to transform India into a global manufacturing hub — specially mentions the importance of special economic zones (SEZs) in attracting foreign investors. But despite the strong pitch, these export-oriented enclaves have struggled to draw investments. Read more…