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RCEP Deal can be Disastrous for India
13 September, 2018, Biswajit Dhar
Our FTA experience and existing trade imbalance with RCEP nations inform us that such a trade pact will hurt our producers.
The Real Problem with Free Trade
11 September, 2018, Jayati Ghosh
Even if free trade is ultimately broadly beneficial, the fact remains that as trade has become freer, inequality has worsened. One major reason for this is that current global trade rules have enabled a few large firms to capture an ever-larger share of value-added, at a massive cost to economies, workers, and the environment.
Mitigating FTA Challenges
02 September, 2014, Biswajit Dhar
India has not been able to sufficiently leverage the FTA agreements to increase its presence as its export share to FTA/CEPA countries has declined.
Course Change in Global Trade Negotiations
07 September, 2011, C.P. Chandrasekhar
The indefinite suspension, on July 1, of the Doha Round of world trade negotiations calls for some rethinking on the expectations India has from a new multilateral agreement. The suspension proved unavoidable when it became clear that the US was offering too little by way of reduced protection for its own agricultural sector, while demanding large concessions in terms of agricultural and non-agricultural market access from the rest of the world.
The Japan-India Comprehensive Economic Partnership Agreement
22 February, 2011, C.P. Chandrasekhar & Jayati Ghosh
There has been much media celebration about the recent signing of the Japan-India Comprehensive Economic Partnership Agreement. This article examines some of the features of the agreement and considers their implications for domestic economic strategies and processes in India.
Indian IT: Privileged, protected and pampered
31 August, 2010, C.P. Chandrasekhar
One possible reason for the Indian IT industry’s protest against the US move to increase visa costs for Indian companies could be that the industry has received privileged treatment at home for more than a decade. But given these special privileges one question that has constantly been posed is, are there adequate reasons to justify their provision?
National FDI Concepts: Implications for investment negotiations
04 June, 2010, Smitha Francis
Free trade agreements and bilateral investment treaties make privileges for and treatment of foreign direct investors legally binding. Thus, apart from the concerns of being able to capture the ''real'' financial and economic contribution of foreign direct investment inflows, FDI definitions are also about protecting the ''rights'' of the so-defined investors in the host country. Keeping this in mind, the article analyses India's current FDI policy and warns that if we define FDI within our national regulatory framework too broadly to allow instruments and flexibility that were earlier resisted, we would have already lost most of the leverage in investment negotiations at the regional and multilateral levels.
The Export Obsession
17 November, 2005, Jayati Ghosh
Once again international attention is focussed on trade negotiations, with hectic parlays between groups of countries before the forthcoming WTO Ministerial Meeting in Hong Kong. And once again it is clear that developing countries are unlikely to get much relief or advantage from these talks

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