ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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India s Export Performance, 1970-85-Underlying Factors and constraints

Underlying Factors and constraints Deepak Nayyar The present balance of payments scenario is difficult but manageable, although it has meant an increasing resort to commercial borrowing in international markets and now more expensive private capital inflows originating from NRIs. The situation is likely to get much worse in the late 1980s, with a further squeez on bilateral as also multilateral, concessional aid flows. The option that remains is to manage the balance of trade, or ensure that exports increase faster than imports.

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