This study examines economic implications of India’s trade and trade policy reforms during the period from 1990 to 2007. It first describes India’s economic growth and the composition and performance of its trade at the product and broad sector level. Next, recent reforms and the current...

This paper discusses the economic impacts of the phase-out of the Multi-Fibre Arrangement (MFA), which was provided for under the 1994 Agreement on Textiles and Clothing (ATC). It presents an overview of the integration process of textile and clothing products into the GATT, takes stock of the...

This paper examines key trade and trade related issues facing South Africa. It describes South Africa‘s re-entry into the global trade architecture and its economic growth in the context of its trade performance, as well as the composition and performance of South African exports at the...

This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners’ factor...

The COVID-19 outbreak and the resulting disruptions in supply chains of some manufacturing and medical products have renewed the debate on costs and benefits of globalisation and, particularly, on risks associated with international fragmentation of production in global value chains (GVCs)....

Issues of Trade and Connectivity with India have attracted renewed attention in recent times following the visit of the Hon’ble Prime Minister of Bangladesh to India during January 10â€13, 2010. The joint communiqué emerging from this visit mentions deepening bilateral economic cooperation...

Issues of Trade and Connectivity with India have attracted renewed attention in recent times following the visit of the Hon’ble Prime Minister of Bangladesh to India during January 10â€13, 2010. The joint communiqué emerging from this visit mentions deepening bilateral economic cooperation...

Transport cost, a significant determinant of competitiveness. Due lack of regional connectivity in South Asia and poor trade facilitation at border crossing, logistic costs are 13-14% of the value compared to 8% in USA. Transport connectivities between South Asian countries continue to remain...

Employment is a major concern in the context of trade liberalization. At one level, productive employment is a major route out of poverty, and hence, in a country such as Bangladesh, it should be of an issue of major concern. There is a vast body of literature which shows that trade is good for...

The service sector is evolving. New services and new modes of delivering existing services have increased the complexities of services negotiations in the WTO and in FTAs. The WTO negotiations focus on market access but FTAs tend to go beyond market access to seeking regulatory commitments from...