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

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Import Liberalisation and the New Industrial Strategy-An Analysis of Their Impact on Output and Employment

New Industrial Strategy An Analysis of Their Impact on Output and Employment Ajit Singh Jayati Ghosh This paper examines the new industrial strategy arid assesses its consequences for technology, employment and output. This is done at both the macroeconomic and microeconomic levels, the latter, by assessing the effect of the liberalisation of imports of capital goods on a few, specific domestic capital goods industries. The authors also draw from the experience of Mexico's import liberalisation policies of the 1970s.

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