Review Of The Imf S Trade Restrictiveness Index

This paper examines the construction of the index and its use over the past seven years, identifies its limitations, examines several alternative measures of trade policy, and highlights some options for improving the Fund’s use of trade policy indicators.

The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.

The Fund has responded to a number of recent challenges facing its members by stepping up its work on trade. The Fund’s trade agenda has been shaped by both Executive Board guidance and demands on missions. The present report assesses the Fund’s priorities in the trade area, takes stock of its work, and reviews the Fund’s collaboration and division of labor with other institutions.

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There are many textbooks devoted to international trade but few volumes that survey trade theory, policy, and negotiations in a concise, up-to-date manner from an interdisciplinary perspective. This book provides a comprehensive overview of the issues that dominate both academic discourse and the policymaking arena in the field of international trade, bringing to bear the insights of economics, law, and political science. It also stands out by virtue of its emphasis on the development implications of trade, an increasingly useful perspective given the deepening liberalization of developing and emerging market economies and their growing importance in the world economy. The volume examines the full range of trade policy topics that dominate contemporary debates, such as rules of origin, trade in services, competition, public procurement, and trade facilitation, plus emergent controversial topics like trade-related labour standards and environmental issues. It analyses the international trade architecture and the institutional and practical aspects of policymaking and negotiations at the unilateral, multilateral, and regional level, as well as the effects of trade on economic growth, inequality, and poverty. It also explores the sharp increase in the number of preferential trade agreements and their significance for the global trade system. The treatment of each issue is rigorous, yet highly accessible to anyone with a basic background in economics, law, and international political economy.

This impressive study compares the adoption of environmentally sound technology in industrial sectors in eight developing countries. In combining a variety of quantitative and qualitative methodologies on rich empirical data the authors open the technological change black box and are able to formulate clear conclusions on the drivers and barriers for technological change. A major contribution to better understanding and governing environmentally-sound technological change. Arthur P.J. Mol, Wageningen University, The Netherlands All theory is gray, but the golden tree of life springs ever green , says Goethe. This book is very green (that is empirical) about a green topic: the adoption of environmentally sound technologies in developing countries, using triangulation for assessing the factors behind such choices. A very nice study on an important topic. René Kemp, UNU-MERIT, Maastricht, The Netherlands Industries located in developing countries have made major improvements in environmental performance since the Rio Earth Summit of 1992. More specifically, their record in reducing energy-use and water-pollutant intensities has been better than developed countries. This significant new book investigates what motivates industries in developing countries to adopt environmentally sound technology (EST) a subject about which very little is actually known. The authors present the findings of a United Nations study of the factors that determined EST adoption by 105 manufacturing plants in four different sectors within eight developing countries. They explore both factors internal to the plants as well as external factors including governments, markets and civil society. Environment and Industry in Developing Countries will be of great interest to development assistance agencies supporting programmes for industrial environmental management in developing countries, and also to graduate school programmes in economic development, technology management, as well as in international business.

This volume in the 'Distortions to Agricultural Incentives' series focus on distortions to agricultural incentives from a global perspective.

Intends to present the developments in the methodology and practice of CGE techniques as they apply to various issues in international trade policy. This title is suitable for academic researchers working in trade policy analysis and applied general equilibrium, and advanced graduate students in international economics.