The Changing Profile of Indias Trade Relations

This book unravels the complex spectrum of trade policy in India, with the help of partial and general equilibrium models. It evaluates India's recent trade deals with the UAE, Australia, European Free Trade Area (EFTA) and Mauritius, among others.

This book unravels the complex spectrum of trade policy in India with the help of partial and general equilibrium models. It evaluates India's recent trade deals with the UAE, Australia, European Free Trade Area (EFTA), and Mauritius, among others.

Using applied general equilibrium methods to analyse recent debates about the conduct of India's trade policy, this book aims to present how the barriers to trade have been affecting trade flows. It further presents a set of large-scale computable general equilibrium simulations of the effects of changes in trade barriers. It also explores India's need to deal strategically with China and provide different economic solutions, despite the conflicts along their international borders. Moreover, it focuses on how India, through its trade orientation, needs to manage its natural resources and deal with land scarcity.

The volume will be of interest to scholars and researchers of international trade and finance, business economics, and econometrics. It will also be of interest to foreign trade experts, researchers, policy makers and government officials, among others.

Autorentext

Somesh K. Mathur is Professor of Economics at the Indian Institute of Technology (IIT) Kanpur.

Prabir De is Professor at Research and Information System for Developing Countries (RIS), New Delhi.

Archana Srivastava is Associate Professor at BITS Pilani Hyderabad Campus, Hyderabad.

Inhalt

Introduction Gravity Models: Overview and Chronological Developments Computable General Equilibrium Models: Origin, Development, and Current Scenario Applied Computable General Equilibrium Models and Its Applications Gains from Free Trade Agreements and the Role of Tradable Commodity Baskets: A Theoretical Analysis Revitalizing APTA: Evaluating Japan's Inclusion and India's Omission Evaluation of ASEAN-India Free Trade Regime: A General Equilibrium Approach An Ex-Ante Evaluation of India's Recent Trade Agreements with the UAE: A Computable General Equilibrium Analysis An Ex-Ante Evaluation of Indo-Pacific Economic Framework: A General Equilibrium Analysis Ex-Ante Evaluation of India's Trade Alliance with Indo-Pacific Region: A General Equilibrium Analysis India's Alignment with RCEP and CPTPP: Gains and Losses through General Equilibrium Analysis Assessment of Possible Economic Alignment between G20 Nations with Special Focus on India, G7 and G12: A General Equilibrium Analysis Impact of Input and Output Oriented Technological Progress with Structural Transformation in India, China and Japan: A General Equilibrium Analysis Re-imagining ASEAN: Analyzing the Trade Effects of India and Japan's Participation in the ASEAN Framework using a Structural Gravity Model Conclusions and Policy Implications