Trade Policy and the Global Participation: The Indian Experience

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The increasingly felt need to expand world trade at still faster pace led to installation of WTO, replacing the former arrangements under GATT. It has much greater coverage and precise and details of trade governance for the benefit of trade entering parties. Today, liberalization privatization and globalization are the basic features of trade related policies, which has compelled the member countries to remove the trade barriers for enhancing the size of foreign trade with a view to raise their standard of living, insuring full employment and enlarge the steadily growing volume of real income and effective demand. But it marks a big question mark that even after the fifteen years of our experience with the economic reforms, what has India gained as a result of reforms? If gains are not substantial, what are the main constraints, reasons, and has can India remove them? Still today a ‘tug of war’ can be noticed between the ‘two’ groups of ‘WTO’. An attempt has been made, in this book, to find out the answer of multinationals problems and constraints in trade related policies. This endeavour would be found useful to trade policymakers, students and researchers.

ABOUT THE AUTHOR R.S. Jalal

Dr. R.S. Jalal, reader, department of Economics, Kaumaun University, Nainital, has teaching and research experience of 26 years to his credit. A scholar of outstabding ability, his ares of interest are Rural Economics and International Economics. He has a number of publications to his credit: and he is actively engaged in research. Dr. Jalal has particitpated in a number of seminars, conferences and workshops and has over three dozens of research papers to his credit published in reputed books and leading economic journals of India. His books (Rural development in India, Industrial Entrepreneurship (Edt.) and Rural Cooperatives in India) are widely known in the academic world. he has taken up a highly important dimensions of Indian Rural economy relating to â€˜Dauiry developmentâ€™ for field based research with the support of university Grants Commsision, India, New delhi, which is likely to suggest the workable frame-work of reorganization of dairy sector in tune with the domestic and global market developments. Nearly a dozen researchers have benefited by his scholarly mastered guidance towards their doctoral degrees and eight of them have already been awarded Ph.D. Degree.