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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.
From Food Security to Food Justice
07 February, 2012, Ananya Mukherjee
Millions of Indians suffer from the twin violence of hunger and injustice. However, most of the Indian governments are neither willing nor able to deliver food justice. Therefore, the need of the hour is the devolution of power and resources to the local level so that with their knowledge of local needs and situations they can create a just food economy, as has been shown by the women in Kerala.
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 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.
WTO: One More Failure
07 August, 2008, C.P. Chandrasekhar
On July 29, a meeting of ministerial representatives of a large group of members of the World Trade Organisation ended without result. The meeting itself should not have been held in the first place. It was unscheduled, and was convened to clinch a deal on the modalities that should govern the Doha Round of trade negotiations, even though there was no evidence that members were anywhere near agreement in a number of areas that mattered.
Do Missed WTO Deadlines Matter?
02 May, 2006, C.P. Chandrasekhar
Another deadline has been missed in the perpetually ''ongoing'' negotiations to further liberalise world trade. The 149 members of the World Trade Organisation were to arrive at agreement on the ''modalities'' for reducing various forms of support to agriculture and increasing market access for non-agricultural commodities by the 30th of April.
The Political Economy of Self-delusion
04 January, 2006, Jayati Ghosh
India's stand at the WTO Ministerial Meeting at Hong Kong was not just a betrayal of other developing countries it suggests that the government has not understood the real interests of the Indian people either.
NAMA: Downplaying the Danger
18 November, 2005, C.P. Chandrasekhar
In the run up to the Hong Kong WTO Ministerial, the focus of attention is the deadlock over liberalisation of agriculture. This is not surprising, given the fact that the unwillingness of EU members, especially France, to agree to ''adequate'' concessions on agricultural tariffs and subsidies, has stalled negotiations on further liberalisation of trade in areas outside of agriculture.
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
Towards Hong Kong: History as Farce
14 November, 2005, C.P. Chandrasekhar
It is history repeating itself as farce. Negotiators meeting in London, Geneva and elsewhere await an acceptable agreement between the US and the EC on agriculture, before working out a deal that would help salvage the next major step in the Doha Round of trade negotiations: the Hong Kong Ministerial starting December 13.
The Contentious World of Agricultural Trade
08 July, 2005, C.P. Chandrasekhar & Jayati Ghosh
Agriculture, including activities allied to it, has a rather divergent role in economies across the world. To start with, there is a great diversity in the share of agriculture as a percentage of GDP, with the figure varying from 52 percent in Laos, for example, to just 6 percent in Korea. Similar differences exist with regard to the share of agricultural employment in total employment.
WTO and Agriculture: Once more with Vengeance
26 July, 2004, C.P. Chandrasekhar
Developed country negotiators and officials at the World Trade Organisation, the powerbrokers in global trade, are striving hard to impose a limited ''consensus'' on members of the organisation. Holding out the threat of the breakdown of the multilateral trading
The 'Cotton Initiative' at the Cancun Ministerial Meet
05 October, 2003, Parthapratim Pal
A prominent feature of the Cancun Ministerial meet was a debate about how high subsidies given to cotton farmers by developed countries is adversely affecting cotton exporters from some West African countries. On the first day of the Cancun Ministerial meet, Benin, Burkina Faso, Chad and Mali pointed out that as a result of subsidies given to cotton in richer countries, exports of these four West African countries have suffered.
Cancun crossroads for the WTO
09 September, 2003, Jayati Ghosh
The Cancun meeting of the World Trade Organization (WTO) takes place at a time when the legitimacy of the institution is under question more than ever before.
The Mirage of Farm Exports
04 August, 2003, C. Rammanohar Reddy
A new orthodoxy has taken root in the international discourse on trade. According to this orthodoxy, if the advanced economies cut import duties, remove non-tariff barriers such as quotas or standards and stop protecting uncompetitive domestic producers, then there will be a phenomenal increase in the exports of the developing countries.
Tokyo Mini-Ministerial: No Takers for Free Trade
21 February, 2003, C.P. Chandrasekhar
The message from the WTO mini-ministerial at Tokyo (1416 February) is clear. There are no takers for free trade in the international system. In the second of the series of 'informal' mini-ministerial meetings being convened to forge an as-yet elusive consensus on the framework for the Doha Round of world trade talks, the twenty-two participating countries (out of twenty-five who were invited) could not agree on any issue of significance.
What is at Stake in Doha ?
13 November, 2001, C.P. Chandrasekhar & Jayati Ghosh
The ongoing WTO Ministerial Meeting at Doha in Qatar was the focus of controversy well before it started. The WTO has been subject to growing criticism not only from governments of developing countries but also from civil society in developed and developing countries.
The Real Causes of Poverty
14 July, 2000, Jayati Ghosh
Suddenly, after a decade when the poor of the world were effectively ignored by mainstream economics, poverty seems to be back in fashion. Not the practice of it, of course, but the analysis of it, which typically makes the analysts, at least, quite rich. So we find a plethora of new considerations of the problem even from the international organisations, some of which are actually daring to speak out in ways which would have been unimaginable over the past few years.
The Cost of Free Trade : The WTO Regime and The Indian Economy
20 February, 2000, Utsa Patnaik
It is indeed a privilege to have been asked to deliver the E M S Namboodiripad memorial lecture and I thank the organisers for it. Two years ago, after EMS (as he was referred to affectionately by everybody) passed away in March 1998, there was a memorial seminar held in June at Perintalamana in Malabar, the town which is within a short distance of EMS's ancestral home. I read a paper on this occasion, which was specifically on EMSs writings on the agrarian question - in particular how his famous Minute of Dissent to Commission Malabar Tenancy Reforms, was informed by the Marxist theory of ground rent.

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