Chapter: 12th Commerce : Chapter 20 : Business Environment : Liberalization, Privatization and Globalization

Dimensions of New Economic Policy

There are three dimensions of New Economic Policy. They are explained below.

Dimensions of New Economic Policy

There are three dimensions of New Economic Policy. They are explained below.

The base for New Economic Policy in various countries of the world is Dunkel Draft, which was all about the General Agreements on Trade and Tariff. Mr. Arthur Dunkel (1932-2005) submitted a 22000 page document for the World Trade Organisation (WTO) and followed by many Nations to adopt their respective New Economic Policies. India is one among such nations to commit itself to the New Economic Policy in 1991

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12th Commerce : Chapter 20 : Business Environment : Liberalization, Privatization and Globalization : Dimensions of New Economic Policy |