The welfare effect under GTAP model computes a money metric equivalent of the utility change. This is calculated by measuring ‘equivalent variation’ (EV) which summarizes the regional welfare changes resulting from any policy shock and is given in dollar values (US $ million). In GTAP, this...

The study attempted to analyse the long-term effects of the FTA on India. It is argued that after full trade liberalization, India’s allocative efficiency will increase, but the terms of trade effect will worsen continuously and remain negative. India will be able to arrest the worsening in...

This paper examines the trends, the research and studies done globally on open innovation and open business models in the field of Telecommunication Services. These include value added services pertaining to communications, online, web and media, mobile, triple/quad play, etc. on both consumer...

India-Sri Lanka signed free trade agreement (FTA) in 1998. Looking at the success of the agreement both the countries engaged themselves in negotiating a ‘Comprehensive Economic Partnership Agreement’ (CEPA), which include trade, investment, and technology transfer etc. The CEPA negotiation...

This paper examines the trends, the research and studies done globally on open innovation and open business models in the field of Telecommunication Services. These include value added services pertaining to communications, online, web and media, mobile, triple/quad play, etc. on both consumer...

India has a multidimensional relationship with the European Union (EU). EU is our largest trading partner, the biggest source of our foreign direct investment, a major supplier of our developmental aid, an important source of technology, and also home to a large and influential Indian diaspora....

India and Bangladesh have pursued policies of trade liberalization since the early 1990s. However, owing to the differential speeds of opening up, Bangladesh's bilateral trade deficit with India widened substantially over the years. This aggravated the economic and the political tensions between...

The India–Sri Lanka Free Trade Agreement (ISFTA) was signed between India and Sri Lanka in December 1998 and came into operation in March 2000. It is now 10 years since this FTA has been signed and during this period the bilateral trade between these two economies has reached new heights...

Service sector has emerged as the largest and fastest-growing sector in the global economy in the last two decades, providing more than 60 per cent of global output and, in many countries, an even larger share of employment. The growth in services has also been accompanied by the rising share of...

The global automotive industry, increasingly characterized by global mergers and relocation of production centers to emerging developing economies, is in the grips of a global price-war. The industry is subject to imperfect competition which has resulted in too much of everything — too much...