This book reviews India`s liberalisation measures in the last decade, in cognisance of the impact of the country`s World Trade Oraganisation (WTO) membership on the same. The collection of articles by subject experts recognises that the changes mandated by WTO membership are but one of the three-pronged liberlisation measures that the country has been subjected to—in the external, domestic (industrial policies) and financial sectors. The lucid analyses bear out that rather than being WTO-induced, external liberalisation of most sectors has been part of India`s general economic reform programme, having been shaped by domestic compulsions.

India`s Liberalisation Experience: Hostage to the WTO? also analyses how the country has coped with and benefited from its obligations and rights as a WTO member. It attempts to evaluate the impact of the domestic reforms on the country`s economy and the implications thereof on its performance as a WTO negotiator. It tries to dispel the myths regarding the impact of international trade negotiations on India`s ongoing reform processes and its developmental and poverty/livelihood concerns. Thus, it will appeal not only to WTO experts, but also to trade policy analysts, academicians, research students, policy-makers, scholars and economists.