But without sustained pressure from foreign competition, India's exporters will lack the incentive to respond by moving upmarket, and its government will continue to balk at much-needed liberalisation and structural reform.
But without sustained pressure from foreign competition, India's exporters will lack the incentive to respond by moving upmarket, and its government will continue to balk at much-needed liberalisation and structural reform.
不过,如果没有外国竞争带来的持续压力,印度出口商会缺乏向高端转向的应对动机,印度政府也会继续执拗不前,不去进行急需的开放和结构改革。