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5min chapter
S5 Ep2: Development Dialogues: How can emerging economies break free from the sidelines of global trade?
VoxDev Development Economics
FDI and Trade Policies in Emerging Economies
This chapter explores the impacts of foreign direct investment and trade policies on emerging economies, focusing on India and South Korea. It contrasts India's limited FDI and its effects on global value chain integration with South Korea's successful policy strategies, while also examining the differing approaches of China and India to trade liberalization and economic reform.
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