MR HAMRE: As our Indian friends complain rightly about the Restrictiveness of technology, American companies complain about how
hard it is to do business in India.
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India has found problems with the current methodology adopted by the Organisation for Economic Cooperation and Development(OECD)
under its Services Trade Restrictiveness Index(STRI) to rank countries.
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Like Plato, with his dualism of soul versus bodily appetites, Kant pursues the mind's ability to question its felt inclinations or appetites and to come up with a standard of"duty"(or, in Plato's case,"good")
which transcends bodily Restrictiveness.
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A team of econometricians from Indian Institute of Foreign Trade(IIFT)
has designed a brand new way of measuring Restrictiveness in the services trade which would be more robust
and remain unbiased both for the developed as well as the developing countries.