In this article, the concepts of balance of payment (BOP) and current account deficit are reviewed, with emphasis on the determinants of the latter.
current account deficit, imports & exportsFederal Food, Drug, and Cosmetic Act (FFDCA) of the United States were enacted to prevent the adulteration of food and drugs and their misbranding (Wozniak et al., 2012).
allergy drug market, imports & exports, industry overview, pharmaceutical industryThe drug market in India not only manufactures drugs to be used in the country but also for export to other countries of the world (Basak, 2018). There are different international policies and laws as well as country-specific laws that pharma companies need to follow for the export of drugs.
allergy drug market, imports & exports, industry overview, pharmaceutical industry, situational mappingThe Indian economy witnessed a high FDI inflow after the reform of economic liberalization. The increasing trend continued in the last financial year 2017-18. This increase can be attributed to factors such as the high rate of GDP growth, low inflation rate, exchange rate, trade openness and economic and political stability.
fdi is vital for the economy, imports & exports, Pillars of the Indian economy, the two faces of fdiThe Indian pharmaceutical industry has emerged as the third largest country in the world in terms of volume with a turnover amounting to US $ 21.04 billion in 2009. In addition to this, the industry includes more than 20,000 licensed companies that employs 500,000 people (Industry, 2011).
imports & exports, industry overview, literature survey, pharmaceutical industryThe Indian textile industry has occupied a prominent place in the economic development of the country since independence. The industry has expanded at a very fast rate to become the second largest producer of textile and garments.
garment industry, imports & exports, industry overviewThe Indian chemical industry has gained a major share in Asia’s growing contribution to the global chemical industry. It has also emerged as one of the preferred destinations for investment in the chemical industry worldwide (Chambers, Road, & Nadu, 2012).
fdi is vital for the economy, imports & exports, Indian economy, the two faces of fdiThe pharmaceutical industry of India consists of the total value of pharmaceutical formulations sold in India. It is one of the major contributors in the healthcare industry.
imports & exports, industry overview, pharmaceutical industry