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Ep 44: Trade Policy Tragedy in India

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Manage episode 335980142 series 2981859
Content provided by Pradyumna Prasad. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pradyumna Prasad or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

I talked to Anupam Manur, a professor of economics about India's trade policy before 1991. We talked about:

  • The scarcity mindset about foreign exchange reserves
  • The controversial 1966 devaluation
  • How did the pre-1991 import licensing system work?
  • “The financial account was almost non existent”
  • “Hindustan Motors and Toyota were set up at the same time but in 15 years Toyota sold 280 times the cars”
  • “Productivity growth was almost absent before 1991”
  continue reading

57 episodes

Artwork
iconShare
 
Manage episode 335980142 series 2981859
Content provided by Pradyumna Prasad. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pradyumna Prasad or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

I talked to Anupam Manur, a professor of economics about India's trade policy before 1991. We talked about:

  • The scarcity mindset about foreign exchange reserves
  • The controversial 1966 devaluation
  • How did the pre-1991 import licensing system work?
  • “The financial account was almost non existent”
  • “Hindustan Motors and Toyota were set up at the same time but in 15 years Toyota sold 280 times the cars”
  • “Productivity growth was almost absent before 1991”
  continue reading

57 episodes

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