Prospects for India and lessons for latecomers

The rapidly expanding international production networks driven by multinational firms has stimulated economic and trade integration between Asian countries during recent decades. The major countries in East and South-East Asia have benefited from the expanding IPNs, especially in terms of export growth, employment creation and technology transfer. However, the remainder of the region, especially low-income countries, has found increasing their presence in existing IPNs to be a difficult challenge.

Related Subject(s): International Trade and Finance

Countries: India