INDO-CHINA TRADE: TRENDS, COMPOSITION AND FUTURE

India and China are among the oldest civilizations of the world with long history of interaction and relationship. They are the fastest growing economies among the major economies of the world. Both have made rapid progress after liberlisation. One of the major events in international trade and economics is the recent fast growth in the bilateral trade. India has emerged as one of the top ten trading partners of China whereas China has emerged one of the top three trading partners of India. Due to large sige of economies and composition of economies and exports as well as high growth rates and political will from both sides, the bilateral trade will grow further and would have significant impact on global trade and economy.India, China, Indo-China trade, trade composition, emerging economies

AN EXPLORATORY STUDY OF INDIAN FOREIGN TRADE

Indian economy and foreign trade are on a growth trajectory. Indian exports have come a long way in value terms from the time of gaining independence in 1947. The total value of India�s merchandise exports increased from US $1.3 billion in 1950-51 to US$ 63.8 billion in 2003-04 � a compound rate of 7.6 per cent. Trade growth has picked up post liberalization of 1991. The composition of trade is now dominated by manufactured goods and services. India services exports share in global exports is more than double of that of Indian manufacturing exports. East Asian countries, particularly China have become a major trading block. There is huge untapped potential for Indian foreign trade in years to come.India, Foreign Trade, Liberalization, Trade Composition, Trade Direction.

STATE � OF � ART OF INDIAN COMPETITIVENESS

Competitiveness makes or mars performance of firms, industries, nations in the current hyper competitive global market. India is one of the fastest growing economies of the world in recent years. One after another study, is projecting that India would be a leading economy in 21st century. This research work is an attempt to study the competitiveness of India. It looks at both macro and micro aspects. To have a macro perspective, it studies the performance of Indian economy in two prominent indices of competitiveness. India has improved its rankings in the competitiveness indices. To have a micro perspective, it undertakes a literature review on the subject in Indian context. The findings are mixed and the firms, industry and the country need to put in efforts for improving its competitiveness. The findings are mixed on the impact of liberalisation on competitiveness. It identifies government level issues and firm level issues for competitiveness.India, competitiveness, liberalization, globalization, global competitiveness

The State of Research on Multinationals and Emerging Markets

Emerging markets are increasingly becoming the growth drivers of the global economy and there is increased scrutiny and interest in emerging markets since the 1990s. The interest can be viewed from a demand and supply perspective. With a huge population and increasing income, emerging economies provide a big market for goods and services. Also, with talented manpower and low costs, emerging economies are supplying more and more goods and services to the world (Pillania, 2009). Multinational corporations (MNCs) play a very important role in global business and economy. There is an increased interest in research and explanation for emerging markets and MNCs (London and Hart, 2004; Meyer, 2004; Ramamurti, 2004; Khanan et al., 2005, Pillania, 2009). This article contributes to a better understanding of the research field of multinationals and emerging markets as well as knowledge on key disciplines, journals, and articles. Bibliometric analysis represents a relatively new form of meta-analytical research or “meta-review” of the literature (Kim and McMillan, 2008). It is valuable in illustrating the links between and among scholarly works and the nature of development in a given research field or discipline by measuring and analyzing published materials (Borgman, 2000). Citation analysis is a bibliometric technique that considers a citation as the basic unit of analysis (Kim and McMillan, 2008). Initially, it has been used in diverse range of disciplines in the science and humanities (Price, 1976; White and McCain, 1989; Wiberley, 2003), and only recently in social science (Glanzel 1996) such as communications (Pasadeos et al., 1999), advertising (Kim and McMillan, 2008), marketing (Arnott, 2007), and international management (Acedo and Casilla, 2005)