Foreign Trade And Economic Development Of India

The book contributes to the growing literature pertaining to empirical and policy issues in international trade, foreign capital flows and issues in finance, implications for India and emerging economies related to trade and development interface, and analysis of sector level growth and development in India. Further, the focus is on the policy aspects of these themes and their role in fostering economic development in the context of India and other emerging market economies. The discourse focuses mainly on empirical work and econometric details. The relevant issues are investigated using state of the art techniques such as gravity models, panel co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit models. In addition, detailed literature survey, discussions on data availability, issues related to statistical estimation techniques and a theoretical background, ensure that each chapter significantly contributes to the ever-growing literature on international trade and capital flows. The readers shall find an engaging dialogue on the crucial role played by policy and the trade-capital flows-growth experience of emerging economies. The book is relevant for those who are interested in contemporary issues in trade, growth and finance as well as for students of advanced econometrics who may benefit from the analytical and econometric exposition. The empirical evidences provided here could serve as ready reference for academicians, researchers and policy makers, particularly in emerging economies facing similar challenges.

This graduate textbook offers advanced and contemporary readings in international trade and economic development and provides an overview of the fundamental topics in this area. It brings together many of the issues that are considered staple reading for a course in trade and development and it offers a systematic coverage of the relevant and state of the art research on various aspects of the subject. This includes detailed analysis of important sub-topics such as: trade and labour market, trade and public economics, the theory of the second best, foreign aid, factor mobility, and regional and global welfare. It also covers international trade and labour standards, the informal labour market, and TRIPS. Aimed at post-graduate students interested in trade theory and applications in development issues, this book should also prove a valuable resource for practicing economists, policy makers, and advanced undergraduate students studying international trade. The text balances extensive coverage of available literature in the area with substantive inclusions from new research published in leading journals and volumes. It aims to fill the gap in the teaching resources and should promote further theoretical and empirical research in the subject.

This book is designed to clarify India's interests in the World Trade Organization's Doha Development Agenda and to provide a blueprint for its strategy in multilateral negotiations. The focus is on facilitating domestic and external policy reforms that can serve to bolster India's participation in the multilateral trading system and to enhance the effectiveness of India's trade and related policies in achieving developmental goals. Individual chapters address the economic effects on India of the Uruguay Round Negotiations and the prospective Doha Agenda negotiations; the implications of the abolition of the Multi-Fiber Agreement; services issues and liberalization; telecommunications policy reforms; foreign direct investment; intellectual property rights; competition policy; government procurement; standards and technical barriers; trade and environment; and, finally, a comprehensive analysis of the major issues coupled with concrete proposals to guide India's participation in the Doha Development Agenda.

Remarks on the external commerce and exchanges of Bengal, with appendix of accounts and estimates (1823), by G. Ạ. Priṅsep.--A history of prices, and of the State of the Circulation during the nine years 1848-56, volume VI (1857), Appendix XXIII, by T. Tooke.--Minutes of evidence taken before the Select Committee on the Affairs of the East India Company, 16 March 1832, by J. H. Palmer.--A sketch of the commercial resources and monetary and mercantile system of British India, with suggestions for their improvement, by means of banking establishments (1837), by J. Crawfurd.

Attempts To Cover The Pattern, Structure, Direction, Volume And Value Of India`S International Trade From Pre-Independence Period To The Economic Reforms Period. Contains 10 Chapters. Useful For All Those Interested In The Study Of India`S International Trade.

International Economics is one of the most important and dynamic disciplines of economics. The subject has become all the more complex and interesting because of the interesting because of the intricacies involved in economic factors, international relations, and the socio-economic environment. This book captures all the recent developments in the international economics and business scenario. The contents of the book are divided into four parts. The first part contains - International Economics and Trade, Analytical Tools of International Economics, Theory of Comparative Costs, Modern Theories of International Trade, Hechscher- Ohlin Theory and Gains from International Trade. The second part includes-International Trade and Economic Development, Terms of Trade, Tariffs and International Trade, Contribution of Economic Growth to International Trade, Analysis of Growth Parameters, Free Trade vs. Protection, Non-Tariff Trade Barriers - Quota System, Dumping and State Trading. The third part comprises - Balance of Payments, Foreign Trade Multiplier, Monetary Policy-Fiscal Policy Mix and Foreign Exchange Management. The Fourth part includes - Strategy Towards Globalization, Theory of Economic Integration; Customs Union, Theory of Economic Integration: Regional Blocs and Grouping, WTO Framework, International Financial Institutions, GATS and National Income Determination. The book has a special section on Case pertaining to International Economics and International Business. The book has been written in a clear, crisp and lucid style. Authentic (up-to-date) data and proper illustrations have been provided to facilitate proper understanding of the subject. This book has been designed keeping in view the standard requirements of the undergraduate and postgraduate students of various areas of Economics, International Business and Management.