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Author: Ram Upendra Das
Publisher: World Scientific
ISBN: 981445222X
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
The Asia-Pacific region has emerged as a dominant player in trade and will continue to be an influential pole of world trade and economics, with the center of gravity shifting to this region. This book presents analytical insights into the various regional and bilateral trade agreements (RTAs) and their beneficial effects on bilateral trade and development. It provides an incisive analysis and a roundup of all major RTAs and also presents an overview of all major agreements between the countries involved, which might propel their trade flows and influence future economic engagements.The book in a novel way also discusses possible obstacles that are encountered during the implementation of RTAs and circumvention routes, once those taken into account could ensure the successful execution of the agreements. The book dwells on the issue of regionalism and multilateralism with reference to General Agreements on Trade and Tariffs and World Trade Organisation, which have revolutionized the trade dynamics by opening up new areas of trade-rules and formulating specific policy guidelines for the member countries to adhere to during trade negotiations. The book also provides new insights into some of the issues of negotiations such as sensitive lists, trade and investment cooperation, including trade in services, rules of origin, non-tariff barriers, anti-dumping etc. The book also focuses on policy instruments that could convert trade gains to development gains. The existing economic cooperation arrangements in the region as well as those that are at various stages of study and negotiations, empirical insights and policy suggestions are elucidated in detail./a
Author: Ram Upendra Das
Publisher: World Scientific
ISBN: 981445222X
Category : Business & Economics
Languages : en
Pages : 253
Get Book Here
Book Description
The Asia-Pacific region has emerged as a dominant player in trade and will continue to be an influential pole of world trade and economics, with the center of gravity shifting to this region. This book presents analytical insights into the various regional and bilateral trade agreements (RTAs) and their beneficial effects on bilateral trade and development. It provides an incisive analysis and a roundup of all major RTAs and also presents an overview of all major agreements between the countries involved, which might propel their trade flows and influence future economic engagements.The book in a novel way also discusses possible obstacles that are encountered during the implementation of RTAs and circumvention routes, once those taken into account could ensure the successful execution of the agreements. The book dwells on the issue of regionalism and multilateralism with reference to General Agreements on Trade and Tariffs and World Trade Organisation, which have revolutionized the trade dynamics by opening up new areas of trade-rules and formulating specific policy guidelines for the member countries to adhere to during trade negotiations. The book also provides new insights into some of the issues of negotiations such as sensitive lists, trade and investment cooperation, including trade in services, rules of origin, non-tariff barriers, anti-dumping etc. The book also focuses on policy instruments that could convert trade gains to development gains. The existing economic cooperation arrangements in the region as well as those that are at various stages of study and negotiations, empirical insights and policy suggestions are elucidated in detail./a
Author: Nisha Taneja
Publisher: Springer
ISBN: 9811022151
Category : Business & Economics
Languages : en
Pages : 396
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Book Description
This book explores the unfinished India–Pakistan Trade normalisation agenda (building upon the themes covered in the book “India-Pakistan Trade: Strengthening Economic Relations” published by Springer in 2014) and discusses the steps that must be undertaken in order to move the bilateral engagement forward. Given the commencement of bilateral state-level talks and the Indian government’s emphasis on South Asian integration, it adds impetus to the trade liberalisation process, while also providing essential recommendations for policymakers in both countries. The unfinished agenda faces obstacles such as the list of items for which export from India to Pakistan continues to be restricted; lack of land borders and seamless cross-border transport services, which hampers the realisation of trade potential; negative reporting in the media, which influences traders’ perceptions; and the continued occurrence of informal trade resulting from inadequacies of formal trade relations. The book examines various sectors, including the agricultural, textiles, automotive and pharmaceutical industries, given their predominance on the list of restricted items for bilateral trade. It also covers studies on unconventional and under-researched themes concerning informal trade, informational barriers to India–Pakistan trade, and opening new land borders for trade – all of which can play a facilitating role in realizing the untapped trade potential between India and Pakistan. The book also includes the second round of the India–Pakistan trade perception survey, which identifies impediments to India–Pakistan bilateral trade and assesses the change in traders’ perceptions since the first round of the survey, which was published in 2014.
Author: Ram Upendra Das
Publisher: World Scientific
ISBN: 9812839151
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
Given the recent emergence of China and India as economic powers, trade and economic engagement within the Asia Pacific region has become a significant area of interest to many policy-makers, academics and the general public. As international trade has been increasing among the countries in the region, many have decided to explore possibilities to introduce free trade through negotiating Free Trade Agreements (FTAs) due to its many advantages. This book comprehensively covers the existing economic cooperation arrangements in the region as well as those that are at various stages of study and negotiations.
Author: Aswini Kumar Mishra
Publisher: Springer Nature
ISBN: 3030603547
Category : Business & Economics
Languages : en
Pages : 148
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Book Description
Since the process of liberalization and opening of markets in the 1990s, the emerging markets have created a thriving culture of entrepreneurship, creativity and global collaboration. Along with these opportunities, however, there are challenges in doing business with emerging markets. This book underlines the challenges that come with managing business relationships in diverse emerging countries such as India. It also provides useful implications and conclusions for successful and profitable business ventures in emerging economies.
Author: Joong-Wan Cho
Publisher: UN
ISBN:
Category : Political Science
Languages : en
Pages : 570
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Book Description
International trade and investment have enabled many countries in the Asia-Pacific region to boost economic growth and have lifted millions out of poverty. As the Asia-Pacific region continues to thrive economically, trade and investment barriers are being dissolved and eliminated. As countries begin to depend on each other more, trade policy is gradually becoming a useful measure to achieve inclusive and sustainable development. Trade and investment are linked to the environment and social issues; hence, their impacts are also multi-dimensional. It has now been recognized that sustainable production and consumption are essential for sustainable development. Countries realize that they are not able to approach global and regional problems on their own and require cooperation, both at the level of government and business. As a result, the region has been active in concluding regional cooperation frameworks which routinely are centered on trade and investment. In the meantime, business has forged regional integration through the formation of regional value chains and production networks while governments have paved the way for the expansion of such production networks through the formation of regional trade agreements and economic partnerships. Thus, the Asia Pacific Trade Agreement (APTA), which is the oldest preferential trade agreement in the region with a large consumer base, can play an important role in filling this gap. Given a slow progress in the multilateral negotiations in the WTO, especially when the members have started questioning the utility of the negotiations after 15 years, and a lack of consensus on how to move forward, the regional trade agreements can play a vital role. Even if they pose a challenge to the multilateralism, selected liberalisation of trade and economy in present time can become a building block for future multilateral negotiations. One of the reasons for the surge in these preferential trade agreements is to make binding commitments on WTO-plus and WTO-beyond issues. While there are many agreements that exist in Asia and the Pacific, there is no such attempt to consolidate them in one umbrella framework. Understanding the benefits of the consolidation, one such initiative was started by ESCAP a few years back. The RECI initiate for market integration could well be facilitated by APTA; however, it cannot deliver unless it transforms itself in a new generation agreement. Regional integration and cooperation are also important to meet the 2030 agenda for sustainable development. Instead of wasting resources in discussing a new institutional framework, it would be more effective to use the existing framework and for the Asia-Pacific economies, the APTA provides an existing institutional platform. The cases discussed in this book prepare a ground for the future, and it is expected that all the stakeholders, member States of ESCAP, private sector as well as researchers would benefit from this publication on APTA: South-South Regional Integration and Sustainable Development.
Author: Sanjay Kathuria
Publisher: World Bank Publications
ISBN: 1464806489
Category : Business & Economics
Languages : en
Pages : 165
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Book Description
Bangladesh's ambition is to build on its very solid growth and poverty reduction achievements, and accelerate growth to become a middle income country by 2021, and share prosperity more widely amongst its citizens. This includes one of its greatest development challenges: to provide gainful employment to the over 2 million people that will join the labor force each year over the next decade. Moreover, only 54.1 million of its 94 million working age people are employed. Bangladesh needs to use its labor endowment even more intensively to increase growth and, in turn, to absorb the incoming labor. The Diagnostic Trade Integration Study identifies the following actions centered around four pillars to sustain and accelerate export growth: (1) breaking into new markets through a) better trade logistics to reduce delivery lags; as world markets become more competitive and newer products demand shorter lead times, to generate new sources of competitiveness and thereby enable market diversification; and b) better exploitation of regional trading opportunities in nearby growing and dynamic markets, especially East and South Asia; (2) breaking into new products through a) more neutral and rational trade policy and taxation and bonded warehouse schemes; b) concerted efforts to spur domestic investment and attract foreign direct investment, to contribute to export promotion and diversification, including by easing the energy and land constraints; and c) strategic development and promotion of services trade; (3) improving worker and consumer welfare by a) improving skills and literacy; b) implementing labor and work safety guidelines; and c) making safety nets more effective in dealing with trade shocks; and (4) building a supportive environment, including a) sustaining sound macroeconomic fundamentals; and b) strengthening the institutional capacity for strategic policy making aimed at the objective of international competitiveness to help bring focus and coherence to the government's reform efforts.
Author: Marc Bacchetta
Publisher:
ISBN: 9789287038128
Category : Political Science
Languages : en
Pages : 0
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Book Description
Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development
Author: Marian P. Ehlert
Publisher: Gavin Jay Maureemootoo
ISBN:
Category : Business & Economics
Languages : en
Pages : 115
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Book Description
Understanding Globalization and International Economics is a comprehensive book that covers all aspects of the global economy and its impact on countries around the world. From the theories of international trade to the complexities of trade policies and agreements, this book provides a deep understanding of the forces that shape the global economic landscape. The first few chapters lay the foundation by introducing readers to the concept of globalization and its history. The importance of understanding international economics is emphasized, setting the stage for the in-depth exploration of various topics in subsequent chapters. The book extensively covers the theories of international trade, such as comparative advantage and absolute advantage. It delves into the Heckscher-Ohlin model and new trade theories, providing a comprehensive understanding of the factors that drive international trade. Trade policies and agreements, including tariffs, quotas, and the role of the World Trade Organization, are examined in detail. The book goes beyond the theory and explores the practical implications of trade liberalization and free trade agreements on economies around the world. Global value chains, another crucial aspect of the globalized economy, are thoroughly explored in a dedicated chapter. The concept, structure, and factors influencing global value chains are examined, with a particular focus on the implications for developing countries. The book also delves into foreign direct investment (FDI) and its various types and motivations. The impacts of FDI on host countries are analyzed, providing valuable insights into the benefits and challenges associated with attracting foreign investment. The international financial system and its institutions, such as the International Monetary Fund, are discussed in detail. The foreign exchange market and the occurrence of financial crises and contagion are examined, giving readers a comprehensive understanding of the complexities of the global financial landscape. Exchange rates and balance of payments are explored, with a focus on the determinants of exchange rates and different exchange rate regimes. The analysis of balance of payments provides valuable insights into the economic transactions between countries. International monetary policy and the role of the International Monetary Fund are thoroughly explored, along with the challenges posed by currency manipulation, exchange rate policies, and capital flows. The book also addresses the important issue of income inequality in the era of globalization. It examines the effects of globalization on income distribution and presents policy responses to address income inequality. The impact of globalization on poverty reduction is also analyzed in depth. Finally, the book explores emerging markets and their implications for global economic development. The characteristics, challenges, and opportunities of emerging markets are discussed, providing readers with a comprehensive understanding of the global economic landscape. Understanding Globalization and International Economics is an essential resource for anyone interested in gaining a comprehensive understanding of the global economy. With its in-depth analysis, comprehensive coverage, and practical insights, this book is a valuable tool for students, researchers, and professionals in the field of international economics and global business.
Author: Michael Witter
Publisher: Routledge
ISBN: 135114751X
Category : Business & Economics
Languages : en
Pages : 225
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Book Description
This book is concerned with the impact of economic globalization and an unregulated global market system on the Caribbean economies. The book is in three parts. Part I examines theoretical issues and includes an assessment of recent globalization trends, the limits of globalization, and the question of uneven development. Part II considers alternative policy solutions including interventionist alternatives, effective monetary strategies and innovative tourism strategies. Part III focuses on Jamaica and the Bahamas. Overall, this book provides a rich menu for alternative economic policies in the Caribbean at the turn of the century.
Author: Kakali Mukhopadhyay
Publisher: Springer Science & Business Media
ISBN: 9048135079
Category : Business & Economics
Languages : en
Pages : 219
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Book Description
In recent years, the East and South East Asian region has witnessed a rapid expansion of regional economic cooperation through bilateral and plurilateral free trade agreements. The current book attempts to comprehensively analyze the economic and environmental impacts of regional economic integration in East and South East Asia to the year 2020. This region has some of the fastest growing economies of the world. A global economic model was used to undertake the analysis. A rare feature of the book is the detailed environmental implications of the Regional Trade Agreements focusing on air, water, and waste pollution. Economic integration among the East and South East Asian region has been an important agenda item for the academic and policy communities in recent years. The study provides insight into pursuing a concrete multilateral trade liberalization policy (combining ASEAN and other countries in East Asia) and throws more light on the on-going trade and environment debate. This book will be a good addition to the field of trade and the environment. The academic community – primarily researchers and policy makers, and world bodies, such as the WTO, ADB and the World Bank, will benefit from the book.
