3 Review(s)

Dr. Abraham Joseph Studies The Constraints And Opportunities For India To Diversify Exports To Japan Between The First And Sixth Plan Periods. He Explains That A High Concentration Of Non-Manufactured Exports To Japan Is Not A Desirable Element As It Causes Instability In Export Earnings In The Short Run, While The Rate Of Return In The Long Run Would Decline. Examining The Possibility For India To Switch Over To A New Trading Framework With Japan In Manufacturers, Dr. Joseph States That With IndiaS Rich Factor Endowments, It Was Possible For India To Move Into This Framework. However, During This Period, The Author Demonstrated That Production Efficiency In Indian Industries Had Inhibited Diversification To Japan. Internal Industrial Production Factors Had Militated Against An Expansion Of Export Manufactures. Unless These Internal Barriers Are Eliminated, It Will Be Difficult For India To Compete In The Japanese Market, No Matter How Low Levels Of Protection May Be. The Study Draws Implication From Experience Of Newly Industrialized Countries In Their Trade With Japan. One Of The Reasons Why These Countries Expanded Trade With Japan Rapidly Is That The Trade Flow Among Them Has Been Stimulated By The Technology Transfer And Foreign Investment By Japan Into These Countries. Until 1980S IndiaS Policies Were Not Adequately Harmonized With JapanS Overseas Investment Policy And For This Reason Too, Among Others, No Substitution Of The Indian Industries Have Taken Place. The Study Concludes That As Japan Moves Into The 21St Century, Many More Of JapanS Labour Intensive Manufacturing Industries Will Enter The Re-Import Stage Of Its Industrial Development And Will Transfer Technology And Investment Overseas. Dr Joseph Suggests India To Invite JapanS Technology And Investment In Those Specific Manufacturing Industries As It Has Major Economic Advantages., Dr. Abraham Joseph, Did His Early Part Of Education In Singapore And At Trivandrum India. He Graduated In Economics From The University College, Trivandrum And Received Master's And Doctorate Degrees From The Department Of Economics, Aligarh Muslim University, India. To Study On The Theme Of "Problems And Prospects Of India's Trade With Japan", He Was Awarded Fellowships By The Indian Council Of Social Sciences, New Delhi And The Japan Foundation, Tokyo. Dr. Joseph Was Appointed In 1980 As Consultant To The India-Japan Study Committee And International Economic Division, Planning Commission, Government Of India. In 1982, He Took Charge, As The Head And Deputy Secretary Of The Foreign Trade Department In Fieo, A Ministry Of Commerce Organisation, Engaged In The Task Of Export Promotion Activities. In 1983, He Was Appointed Assistant Economic Adviser Of The Indian Investment Centre, A Ministry Of Finance Organisation Involved In The Promotion Of Technology Transfer And Foreign Private Investment Into India. During The Course Of His Assignment In The Centre He Was Nominated To Serve On National Expert Committees Relating To Foreign Trade And Foreign Investment Which Included: Task Force Committees To Identify Knowledge Based Industries For Export (Ministry Of Science And Technology), Territorial Committee (Fieo), Export Council (Standing Conference On Public Enterprises) And Centre's Representative Member On Government Of India's Board For Approval Kandla Free Trade Zone And Board For Approval, Hundred Per Cent Export-Oriented Units. For The Centre, Dr. Joseph Had Also Prepared And Assisted In The Preparation Of Several Publications Which Included, 'India And Japan. Retrospect And Prospects, For Bilateral Economic Cooperation., Content:- Preface Acknowledgements Chapter 1 Significance Of India's Trade With Japan The Problem Factors Affecting IndiaS Trade Growth To Japan Methodology Source Of Data Plan Of Study Chapter 2 India International Trade And Economic Growth In India Trading In A Traditional Framework Diversification With Manufactured Exports Export Sector In IndiaS Economic Growth Trading In A New Framework Chapter 3 Export Of Non-Manufactures To Japan: Some Issues During 1951-73 Retrospect Of India-Japan Trade Development Analysis Of IndiaS Non-Manufactured Exports Iron-Ore Development And Export Trend To Japan Export Constraints To Japan Policy On Iron-Ore Export Issues In Iron-Ore Export Development Shrimp Fishery Development And Export Trend To Japan Export Constraints To Japan Policy For Shrimp Export Issues In Shrimp Export Development Barriers For Future Export Growth To Japan Chapter 4 Effect Of Cost Structure And Productivity Differentials On Japan's Propensity To Import Indian Sourced Manufactures Cotton Textile Industry: Production And Export Trend Handtools Industry: Production And Export Trend Trend In JapanS Import Of Manufactures JapanS Cotton Textile Industry And Imports From India JapanS Handtools Industry Imports From India Competitiveness Of IndiaS Manufactures In Japan Ganko Keitai Growth Model Ganko Keitai Growth In The International Economy Ganko Keitai Growth Of Cotton Fabrics And Handtools Industries Cost Structure And Productivity In Manufacturing Industries Cost Effectiveness In The Cotton Textile Manufacturing Industry Cost Effectiveness In Handtools Industry Determinants For Stimulating Trade-Growth To Japan Chapter 5 Policy Directions Of India And Japan Towards Trade Growth IndiaS Export Policies For Manufactures IndiaS Incentive Scheme For Manufactured Exports Policy Direction For Cotton Textile Export Growth Policy Direction For Handtools Export Growth JapanS Trade Liberalisation Measures JapanS Gsp Scheme For Import From Developing Countries Harmonisation Of Trade Policies Evolving Policies With Changing Environment Chapter 6 Epilogue: Trade Growth And Manufactured Exports To Japan After 1973 Post-Oil Crisis And IndiaS Comparative Advantage Export Trend Of Non-Manufactures Iron Ore Industry And Export Trend Development In Frozen Shrimp Industry And Export Trend Export Trend Of Manufactures Growth Of Cotton Textile Industry And Export Trend Growth Of Handtools Industry And Export Trend Cost Structure And Productivity In Manufacturing Industries Cost Effectiveness In Cotton Textile Manufacturing Industry Cost Effectiveness In Handtools Manufacturing Industry Efficiency Factor With Respect To Capital Cost Development In Policy Environment For IndiaS Export To Japan IndiaS Trade And Industrial Policies Fr Export Growth JapanS Policies For Import Of Manufactures JapanS Trade Policy Changes In 1980S Technology Induction Policies For Manufacturing Industries Chapter 7 Japan's Technology Transfer And Investment In India's Industrial And Foreign Trade Development Principal Findings Widening IndiaS Production Base For Manufactured Exports Major Industrial Policy Changes In 1980S Technology Transfer And Foreign Investment As Catalyst For Trade Development Trade Linked Investment Foreign Investment Policy Of India India-Japan Industrial Collaborations Perspective Of Trading In Technologies And Commodities Bibliography Index