| ID | 137813 |
| Title Proper | Global economies of scale in the EU-India trade agreement |
| Other Title Information | are they the key to a return to economic growth? |
| Language | ENG |
| Author | Kerr, William A ; Perdikis, Nicholas ; Khorana, Sangeeta |
| Summary / Abstract (Note) | Economies of scale are an alternative source of growth particularly at a time when countries are suffering from global economic malaise. The proposed EU-India free trade agreement holds substantial promise as this will create a combined market of over one and a half billion and generate economies of scale from intra-industry trade, which are likely to be concentrated in manufactured products such as chemicals, machinery and transport equipment. Bold action is needed on the part of politicians in both the EU and India to successfully negotiate the agreement given that this will enable both countries to reap the efficiency gains of global economies of scale, provide a significant competitive advantage over other major economies and deliver the necessary spur to shake both the EU and India out of their current economic stagnation. |
| `In' analytical Note | Asia Europe Journal Vol. 13, No.1; Mar 2015: p.41-55 |
| Journal Source | Asia Europe Journal Vol: 13 No 1 |
| Key Words | EU ; India ; Economic Growth ; Trade Agreement ; Global Economies ; EU - India Trade Agreement ; Current Economic Stagnation |