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From the 2008 global financial crisis and the Covid-19 pandemic, to Brexit and the ongoing Russia-Ukraine war, the past two decades have been a turbulent period for the global economy.Recognising that we are currently at a tipping point, Contemporary Issues in International Trade: Challenges and Opportunities provides a comprehensive overview of the changes in trade and capital flows currently in play across the globe. Topics of discussion include:Vertical specializationImpact of crises on tradeMacroeconomic vulnerability in developing countriesIndia’s automotive and technological exportsThe influence of liberalization on India’s manufacturing sectorInternational insurance marketsProtectionismLabour market impact of trade reformsBlockchain technologyThe influence of ‘fake news’ on trading preferencesChallenges in the globalisation of agricultureCorrelations between trade and human developmentReaching beyond the usual terrain of economic engagement, this edited collection confronts critical issues to demand urgent analytical attention and a harnessing of the economic potential at stake.
Rajib Bhattacharyya is Associate Professor in the Department of Economics, Goenka College of Commerce and Business Administration, Kolkata, India.Debashis Mazumdar is Professor & HOD in the Department of Economics at The Heritage College, Kolkata, West Bengal, India.
PART-A. GROWTH ASPECT OF INTERNATIONAL TRADE Chapter 1. ‘Imminent’ Global Recession: Some Reflections; Soumyen Sikdar Chapter 2. Unraveling the Complexity of Vertical Specialization and Fragmentation Trade: A Survey of Patterns, Drivers, Implications, and Evolving Dynamics; C. Veeramani Chapter 3. Trade Impact of Crisis: A Tale of Three Episodes; Bibek Ray Chaudhuri Chapter 4. Macroeconomic Vulnerability of Less Developed Countries; Ranajoy Bhattacharyya and Riddhi Chatterjee Chapter 5. New Dawn or Prolonged Eclipse? Upcoming RTAs and India’s Automotive Exports; Debashis Chakraborty and Ripudaman BhardwajChapter 6. Export Price Pass Through in India:The Role of Asymmetry; Darpajit Sengupta and Saikat Sinha Roy Chapter 7. Technology Intensive Indian Exports: Hurdles and Puzzles; Subhasree Banerjee and Bibek Ray Chaudhuri Chapter 8. Influence of Liberalization on Indian Manufacturing Sector: Empirical Evidence over 1987-2018; Aaheli Ahmed and Debashis Chakraborty Chapter 9. Trade Flows and Labour Market: Some Reflections; Rajib Bhattacharyya Chapter 10. An Empirical Study on the Relative Stance of Indian Insurance Market within the Framework of Selected International Insurance Markets; Sonali Saha and Samrat Roy Chapter 11. “Imposed” Standards induced Protectionism in International Trade: A Game Theoretic Exploration; Atreyee Sinha Chakraborty Chapter 12. Inquiring the Nexus Between International Trade, Economic Growth and Environment for the BRICS Economies; Nilendu Chatterjee and Tonmoy Chatterjee Chapter 13. Block Chain Technology in the Global Supply Chain: A Theoretic Overview and Security Issues; Siddhartha Roy Chapter 14. Fake News, International Trade and Asymmetric Information: Tracing the Changing Trade Preferences; Rishab Lodh and Oindrila DeyChapter 15. India’s Foreign Trade in Asia: The Changing Pattern in Volume, Nature and Trade Balance During Liberalization; Subhasis Santra Chapter 16. Capital Structure and Profitability of Indian Computer Firms; Kalpita Ray PART-B. DEVELOPMENT ASPECT OF INTERNATIONAL TRADE Chapter 17. Women’s Contribution to Trade in Bangladesh and Challenges in Post Covid-19 Era; Salma Akhter and Debashis Mazumdar Chapter 18. Problems of Globalization of Agriculture: A Critique of Inclusive Growth; Pratip Kumar Datta and Saumya Chakrabarti Chapter 19. Trade, Skill Formation and Human Development: A Theoretical Note with Reference to Less Developed Economies; Debashis Majumdar, Mainak Bhattacharjee, and Nishat Alam Chapter 20. Strategic Partnership Between Medical Technology Companies and Healthcare Service Providers Towards Global Competitiveness; Gautam Samaddar and S.K. Bhogal Chapter 21. Impact of Factoring Environment, Social and Governance in Credit Rating in India on Global Capital Flow; Sitangshu Khatua and Ajanta Ghosh