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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.
Has Donald Trump Already Changed US Trade?
19 June, 2018, C.P. Chandrasekhar & Jayati Ghosh
Donald Trump is threatening to dismantle the current world trading system, but in his first year US trading patterns show strong continuity with the previous administration.
Ashok Mitra
03 May, 2018, Prabhat Patnaik
A man of great wisdom, and generosity, scrupulously adhering to principles and willing to fight for them, but without any malice towards anyone, Ashok Mitra was a pillar of support for the Left.
Trump's Trade War
24 April, 2018, C.P. Chandrasekhar
The trade sanctions on China and other protectionist measures announced by the Trump administration will not only not serve the cause of the U.S.’ trade deficit but could also spark off a trade war, resulting in an overall shrinkage of world trade.
Trump's Protectionism
26 March, 2018, Prabhat Patnaik
Trumps' announcement of tariff hike tantamount to a beggar-thy-neighbor policy that would inevitably attract retaliation. But these current protectionist measures on capital-in-production do not in any way restrict capital-as-finance. They are just desperate and counter-productive attempts at coping with a crisis, which is itself an outcome of the process of globalization of finance.
The Economic Survey 2017-18
04 February, 2018, Prabhat Patnaik
Like the person on the proverbial tiger, the Indian economy is currently riding a precarious course. The Government of India’s Economic Survey for 2017-18 recognizes this frankly, but its panacea is to keep one’s fingers crossed and hope that the ride continues.
The Question Of Farm - Loan Waiver
23 June, 2017, Prabhat Patnaik
The primary reason why loan-waiver is being demanded at present is not an output fall owing to any natural calamity. It is the price-fall on account of the bumper harvest that underlies this demand. It is the breaking down of an appropriate institutional mechanism that is responsible for the peasants’ distress and periodic demands for loan-waivers.
China's Capital Flight Syndrome
30 January, 2017, C.P. Chandrasekhar
The sudden collapse in reserves due to an outflow of capital in a country that was considered the favoured destination for FDI points towards the fact that China is now paying the price for the capital account liberalisation measures adopted with its entry into the WTO.
Imperialism's New Trade-Negotiating Strategy
28 December, 2015, Prabhat Patnaik
The Nairobi ministerial meet marks a shift in the strategy of imperialism from multilateral trade agreements to regional trade agreements and from seeking grand agreements to negotiating only specific issues.
Financial Services under WTO: Disciplining governments and freeing business
22 December, 2015, C.P. Chandrasekhar
Services trade negotiations at the World Trade Organization may fail at the Doha Round, only because there has been no progress in agriculture and industrial goods trade.
Dispute Settlement in International Investment Agreements and the Rules of an Indian Model Bilateral Investment Treaty
22 September, 2015, Andrew Cornford
This article reviews the Indian model bilateral investment treaty and the major provisions of international investment treaties, often with special attention to their historical development.
India Concludes Bilateral Agreement with US, Agrees to an Indefinite 'Peace Clause'
17 November, 2014, Biswajit Dhar
By making a bilateral agreement with the US, India is able to avert any challenge to its food security programme for now, but the programme will be under WTO surveillance.
IPR Policy Must Drive Innovation
08 October, 2014, Biswajit Dhar
Making a national IPR policy entails a balance between public policy objectives and the private rights of creators; otherwise it may serve only narrow corporate interests.
India Faces Criticism for Blocking Global Trade Deal, But is it Justified?
09 September, 2014, Jayati Ghosh
Contrary to wider perception, the bigger risk to the multilateral trading system comes from the developed world failing to listen to the concerns of developing countries.
Affordable Medicine: A big step forward
27 April, 2012, C.P. Chandrasekhar
The recent judgement by India’s Controller of Patents granting Compulsory License to an Indian pharmaceutical company for the production of a cancer drug, the patent for which is held by German pharmaceuticals and chemicals giant Bayer, is not just historic but path breaking.
The Chinese Way
24 February, 2012, C.P. Chandrasekhar
Although the use of the banking system as a development instrumentality in China has been useful, there are a host of new problems that has cropped up. This would possibly encourage the government to retrace its steps and strike a new path.
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.
Patents and the Public Interest
08 September, 2010, C.P. Chandrasekhar
The discussion paper on the Compulsory Licencing of Patents is significant because it spells out the circumstances in which the compulsory licencing option is available to the government. The paper makes an important contribution by seeking to illustrate the implications of the flexibility available in the case of drugs and pharmaceuticals.
India: A Setback for Neo-Liberalism
10 June, 2010, Prabhat Patnaik
The current developments in India mark the beginning of a process of the polarization of society into two camps, a pro-imperialist camp supported by the Fund, the Bank, globalized finance and the MNCs, and an anti-imperialist camp led by the Left but encompassing diverse elements. The degree to which consolidation of the latter camp can be successfully accomplished depends crucially on the ability of the Left to overcome sectarianism and narrowness of outlook and unite the widest possible segments of anti-imperialist social forces.
The WTO as Barrier to Financial Regulation
08 February, 2010, Jayati Ghosh
Many of the financial regulatory proposals now being considered by developed countries might not be feasible given the legally binding commitments these countries have made under GATS with respect to financial services liberalisation. Such WTO rules may therefore get ignored or GATS may require to be renegotiated, for the necessary financial sector reforms to take place.

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