World Trade (Hardcover)  | Released: 1995

In recent years, phenomenal changes are taking place in the field of world trade. More and more countries are opening up their economies. Trade restrictions are being dismantled or substantially reduced. The New GATT Accord is an important milestone in the direction of freeing world trade. Setting up of WTO has strengthened the institutional arrangements for freeing the world trade. Globalisation is taking place on a wide scale. Developing countries are liberalising import of capital and technology. Terms and conditions for the import of capital and technology are being eased. Attractive terms are being offered to the multinationals to induce them to set up production units in the importing countries. In the monetary field, more and more countries are moving in the direction of complete convertibility of their currencies. Currencies are being left free to the maximum possible extent to determine their value on the basis of the forces of demand and supply. State intervention is resorted to only smoothen the process of change or to counteract speculative movements of money. In order to make a critical analysis of the changes that are taking place in the field of world trade and investment, it has been planned to bring out four volumes covering different subjects and including different shades of opinions. The present is the first Volume of the planned four Volumes. The contributors of this Volume are leading experts in the field of international trade. It is hoped that the book would be found useful by students of international trade, government executives concerned with the formulation and execution of trade policies, business community and the general reader.Table of Contents: 1. The External Value of Rupee in the Context of PPP Measure Raj Kumar Sen 2. Regional Economic Groupings N. Parthasarathy 3. Trends in World Trade N. Parthasarathy 4. Economic Cooperation between SAARC countries : Structure, Constraints and Suggestions Shobha Ahuja 5. Climate For Foreign Investment : The Asian Experience Brinda Jagirdar 6. The Final Act of the Uruguay Round : A Summary GATT Secretariat 7. International Trading Environment R.L. Varshney 8. Special Drawing Rights and Developing Countries : Past Allocations and Rationale for a New Allocation Kalpana Pandita 9. European Economic Integration Prospect of Indian Export-Oriented Strategy Bipul Malakar and Suresh P. Singh 10. GATT : Who Dares to Win? Asian Development Bank 11. Transnational Corporations and Economic Development of Third World With Special Reference to India Mangat Ram Aggarwal 12. From General Agreement on Tariffs and Trade To World Trade Organisation and India Mohan Prasad Shrivastava, Virender Prasad & Kanchan Prasad Shrivastava 13. GATT and its Effects on Indian Economy Om Parkash and Sanjay Mahajan 14. Industrial Organization and International Trade : The Case of Less Developed Countries Ranajoy Bhattacharyya 15. Transition from MFA to WTO : Prospects for Indian Exports of Textiles and Garments Swapan K. Bhattacharya 16. IMFs Lending Policies and Operations Kalpana Pandita 17. A Critical Appraisal of Globalisation of Indian Economy K.R. Gupta 18. Doctrine of Comparative Costs and Underdeveloped Countries K.R. Gupta