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Kautilya on international trade policies

Balbir S. Sihag (Department of Economics, University of Massachusetts, Lowell, Massachusetts, USA)

Humanomics

ISSN: 0828-8666

Article publication date: 20 February 2009

1149

Abstract

Purpose

The purpose of this paper is to present Kautilya's ideas on international trade.

Design/methodology/approach

A non‐technical descriptive approach is followed.

Findings

Kautilya implicitly proposes a theory of gains from trade and recommends imports promotion rather than export promotion.

Research limitations/implications

It is indicated that our current understanding regarding international trade during ancient times is quite inadequate.

Practical implications

There will be no need for current endless negotiations if countries commit themselves to Kautilya's policy of import promotion.

Originality/value

The paper provides insights into trade patterns during the ancient times.

Keywords

Citation

Sihag, B.S. (2009), "Kautilya on international trade policies", Humanomics, Vol. 25 No. 1, pp. 68-74. https://doi.org/10.1108/08288660910934781

Publisher

:

Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited

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