Regionalism and Multilateralism Book
Contents: Preface. 1. Multilateralism and regionalism : a debate/Shrawan Kumar Singh. 2. SAARC transcending SAPTA and SAFTA : an optical view on intra SAARC trade/Masroor Ahmad Beg. 3. How well is India doing in the field of regionalism and multilateralism in international trade?/Asim K. Karmakar. 4. Trade relations among SAARC countries/S.P. Saha, Suresh Bhindwar and Ravi Shankar Bakta. 5. Globalization and international trade : an experience of Indian foreign trade/Rishi Vivek Dhar and U.S. Rai. 6. WTO, BRICKS and regionalism : (US and EU nations importance)/Suhas Avhad. 7. Aspects of trade and regional development among SAARC countries/R. Maya. 8. India’s trade relations with SAARC markets : an empirical analysis/Surya Rao Kappagantula and Lakshmi Narayana Perarapu. 9. India’s trade potential, prospects and role in building a free trade area within the SAARC countries : a decadal analysis/S. Lingamurthy and Jagatjyoti Barua. 10. Export Led Growth (ELG) hypothesis : an empirical investigation among SAARC nations/Alok Kumar Pandey and Annapurna Dixit. 11. Trade complementarity and similarity between India and ASEAN countries in the context of the RTA/B.P. Sarath Chandran. 12. Changing faces of international trade multilateralism to regionalism : an application to India/Vandana Mittal and Gaurav Agrawal. 13. An econometric enquiry on the relationship between export and economic growth in Nepal/Amit Kundu and Chandan Kumar Mukhopadhyay. 14. The success of euro : a lesson for SAARC countries/Deepa Rawat and Gunjan Agarwal. 15. Regionalism and multilateralism international trade/M.P. Goswami, Rakesh Purohit and Soma Gaur. 16. The regionalism and multilateralism in the international trade : a post-WTO perspective/Md. Qaiser Alam and Satendra Narayan Singh. 17. Import policy in India : impact of WTO/Neena Malhotra and Meenu. 18. Issues and challenges of Indo-ASEAN FTA with special reference to trade in services/Manmohan Krishna and Rakesh Kumar Singh. 19. Regional integration : new dimensions/Puspa Tarafdar. 20. India’s agricultural exports to China : some constraints/Anjali Tandon. 21. India and SAFTA/Davinder Kumar Madaan and Bharat Bhushan. 22. Trade reforms of the South Asian countries : future options/Bipin Kumar. 23. Critical analysis of regionalism and multilateralism in international trade/Dev Raj. Index.
Globalization is a phenomenon integrating economic activities of countries through trade for global welfare. World Trade Organization (WTO) is the international body to manage and regulate trading nations easy access to global markets, enlarging their market share, dismantling trade-distorting tariffs and eventually fostering their economic growth and development. Since trade negotiations of WTO on various issues are delayed, countries integrate economically on regional basis as trade blocs. There is sprouting of trade blocs after the emergence of WTO especially in the Asian continent.
Regional trade agreements among subset of nations involve deep integration which includes not only reduction of trade barrier but also liberalization of FDI regime and trade in services, globalization is a process whereby access to market of the north and attracting DFI from the developed countries that performs as an important factor for successful integration of the world economy. The proliferation of FTA’s in recent years pose a problem to multilateralism. Bilateral agreements must serve as a stepping stone for the widest possible openness in the global trading system. The FTAs are major vehicle for deeper integration.
The book provides discussions on the performance of trade blocs in Asia through a comprehensive review of India’s experiences in regional trade. The book comprises 22 papers arranged in such a way that the overall matters appear at the beginning and different perspectives of the theme included subsequently desiring for a specific order. The book draws lessons on dimensions of multilateralism and regionalism in correct perspective, relevance for India in particular and developing world in general. This book will come in handy to students and researchers of international economics and development economics. It will be useful for policy-makers to identify optional decisions and initiate the relevant policies. (jacket)