Implications of Prebisch Singer Hypothesis in Context of India

Dr Ajay Sood, Dr Ashok Kumar Bansal

Page No: 1-10

Historically Less developed countries like India have encouraged export promotion policies to maximize the benefits of International trade. But Prebisch Singer hypothesis presumes that the terms of trade of less developed countries which export mainly primary products remains negative in comparison to the developed countries which generally exports manufacturing goods. The objective of the present study is to analyse the Prebisch Singer hypothesis in context of India. An attempt has been made to study the terms of trade of India for the last five decades by collecting secondary data from various reports. This study supports Prebisch Singer’s hypothesis and suggests that under developed countries should diversify their exports and should increase the exports of manufacturing goods to make terms of trade favourable.

Citations

APA: Dr Ajay Sood, Dr Ashok Kumar Bansal (2025). Implications of Prebisch Singer Hypothesis in Context of India. DOI: 10.86493/OTJ.2433301

AMA: Dr Ajay Sood, Dr Ashok Kumar Bansal. Implications of Prebisch Singer Hypothesis in Context of India. 2025. DOI: 10.86493/OTJ.2433301

Chicago: Dr Ajay Sood, Dr Ashok Kumar Bansal. "Implications of Prebisch Singer Hypothesis in Context of India." Published 2025. DOI: 10.86493/OTJ.2433301

IEEE: Dr Ajay Sood, Dr Ashok Kumar Bansal, "Implications of Prebisch Singer Hypothesis in Context of India," 2025, DOI: 10.86493/OTJ.2433301

ISNAD: Dr Ajay Sood, Dr Ashok Kumar Bansal. "Implications of Prebisch Singer Hypothesis in Context of India." DOI: 10.86493/OTJ.2433301

MLA: Dr Ajay Sood, Dr Ashok Kumar Bansal. "Implications of Prebisch Singer Hypothesis in Context of India." 2025, DOI: 10.86493/OTJ.2433301