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India - Coggle Diagram
India
impacts of trade, including economic development, political stability and social equality
rapid economic growth often leads to inequality, but India's Gini coefficient has actually come down from 36.8 to 33.6
inequalities still exist, such as those within urban areas, and between urban and rural areas
the success of India's trade and domestic policies is partly responsible for its political stability in the last decade. The growth of India's share of global trade and the development of its trade partnerships have been driven by government policies
trade liberalisation, with reduced control on foreign trade
investment in education, providing a skilled and educated workforce
India's HDI has increased from 0.483 in 2000 to 0.586 in 2013; share of merchandise exports has more than doubled in that time, from 0.71 to 1.71
the impact of trade on economic development can be illustrated at different scales, from local multiplier effects to larger scale agglomeration of industry
there are many examples of growth stimulated by international trade around the large ports in India, including the automotive industry at Chennai. The MNCs General Motors (GM) and Ford, as well as major Indian countries such as Ashok Leyland, are all able to trade in vehicles and components by shipping at this port
ancillary industries have been attracted to the region, contributing to GDP and stimulating the economic multiplier throughout the state of Tamil Nadu
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economic, political, social and environmental interdependence with trading partners
India and China
in the past, there have been conflicts over environmental issues such as water supply and land degradation in the Himalayas. Recently there has been joint investigation and monitoring, such as China's provision of flood-season hydrological area from the trans border Brahmaputra River
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