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#TradeGDPRatioAt2008
"World trade-to-GDP ratio rose until 2008 to reach 61%, before crashing to 52% in 2009.
The trade-to-GDP ratio recovered in 2011 to 60%, but since trended back to 52%"
livemint.com/economy/world-…
"World trade-to-GDP ratio rose until 2008 to reach 61%, before crashing to 52% in 2009.
The trade-to-GDP ratio recovered in 2011 to 60%, but since trended back to 52%"
livemint.com/economy/world-…
"South Asia and Latin America and the Caribbean (LAC) come on top..The case of South Asia, while surprising at first sight, is driven by India and in line with the results in figure.
"After underperforming the world economy and having serious difficulties, India made rapid progress (starting around 1990) in integrating into the global economy and recovered the lost ground to a large extent," the report further added.
"Indian exports are expected to remain under stress due to falling demand in the Western. India’s exports fell 12.7% from $39.7 billion a year earlier to $34.66 billion in April, government data published on Monday showed."
"The article by Ravi Dutta Mishra appears slanted to make it seem as if the lower Trade to GFP figure refers to India, when read along with the reference to last quarters decline in trade.
The clarity that India is a positive contributor raising South Asia's ratio comes later."
The clarity that India is a positive contributor raising South Asia's ratio comes later."
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