Economic Affairs
Year : 2009, Volume : 54, Issue : 3&4
First page : ( 103) Last page : ( 112)
Print ISSN : 0424-2513.

Import Substitution Measure and Expansion of Border Trade: A Strategy for Coexistence in Manipur

Singh Th. Priyokumar, Lecturer in Economics, Guest Faculty

D.M. College of Commerce, Imphal.

Xtremewave Education, Imphal.

Abstract

The problem of dependency of the people in Manipur for their consumption on goods imported from other parts of the country is compounded with a large inflow of goods from or via., Myanmar particularly under informal border trade. So, a well-prepared and expertise government’s interference is a need of the hour more significantly in the light of the fast growing free market economy of globalized world. The issue raise in this study is a matter of choice of a measure at priori to rescue the deteriorating pattern of trade of the state rather than consideration for a sustainable strategy for industrialization in the state.

This paper will discuss the scope of import substituting industrialization (ISI) in Manipur as a measure to rescue its pattern of trade from further deterioration. Discussion will be extended on the direction to sketch a conceptual strategy for expansion of Indo-Myanmar border trade in the state when import substitution measure is also taken up simultaneously in it.

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