Marginal Babble

In this episode, we explore the impact of trade openness on India's economy with economist Pavel Chakraborty. Discover how Chinese imports have lowered prices but challenged Indian firms' profits. Learn about the effects of tariffs, the role of India's manufacturing sector, and the strategic implications for future growth. Perfect for those interested in trade policy and economic development   Professor Pavel Chakraborty https://pavelchakraborty.weebly.com/   ‘Chinese Import Competition and Prices: Evidence from India’: https://onlinelibrary.wiley.com/doi/abs/10.1111/obes.12632   Timestamps   00:00: Intro 00:41: India’s Manufacturing Sector 06:16: Why Has China Dominated Global Manufacturing Instead of India? 14:50: India’s Trade Openness 18:00: Tariff Rates (Developed VS Developing Economies) 22:03: Effects of Cheap Chinese Imports on India Manufacturing 34:38: Effects of Cheap Chinese Imports on the Wider Indian Economy 39:40: Why ‘Stand Alone Firms’ Responded Stronger than Other Firms 42:35: The Impact on Other Asian Countries 46:42: Changing Global Tarriff Policies 49:28: Future of Indian Trade Policy 57:02: What Future Research Needs Conducting?   Socials: TikTok: https://www.tiktok.com/@marginalbabble Instagram: https://www.instagram.com/marginalbabble/ X: https://x.com/marginalbabble Bluesky: https://bsky.app/profile/marginalbabble.bsky.social/ Website: https://marginalbabble.co.uk/