The World Trade Organization was established in the 1990s, superseding the GATT and providing a stronger institutional foundation for international trading arrangement among countries. As an international organization it faces a number of challenges, including achieving agreement over trade in services, bringing in new members from the economies in transition and developing countries, making the strengthened dispute settlement mechanism effective, and bringing about an increasingly open multilateral trading system.
The World Trade Organization was established in the 1990s, superseding the GATT and providing a stronger institutional foundation for international tr...
Trade, Development and Political Economy takes fundamental issues in trade and development policy and subjects them to well-based economic analysis in a form that is easily accessible to the non-specialist. Distinguished contributors address some of the following questions: Are critics of outward-orientated development wrong? What caused the financial crisis of East Asia? Who supports trade and aid in the US? And, what are the conditions needed to promote growth? They also look forward to what trade policies and agreements will be needed in the future.
Trade, Development and Political Economy takes fundamental issues in trade and development policy and subjects them to well-based economic analysis in...
A traditionally conservative country in financial matters, India enacted a series of reforms in response to its balance of payments crisis in the early 1990s. But since then only halting progress has been made, raising concerns about India's rising fiscal deficit, inefficiencies in its financial system, and its still relatively closed economy. This book analyzes some of the complex issues currently facing the Indian economy. Looking at India in the international economy, the first section examines reforms of policies toward trade and capital inflows, including issues in exchange rate policy...
A traditionally conservative country in financial matters, India enacted a series of reforms in response to its balance of payments crisis in the earl...
Globalization, by which is meant the increasing economic interdependence among nations, has been a critical ingredient in enabling enormous improvement in mankind's condition. While progress has not always been smooth, and has not come without dislocation for some, the economic policy challenge has been, and is, to enable the realization of the large potential benefits of globalization while simultaneously reducing the negative side effects and providing safety nets for those whose lives are disrupted in the process. This volume focuses on the successes of globalization, and some of the main...
Globalization, by which is meant the increasing economic interdependence among nations, has been a critical ingredient in enabling enormous improvemen...