Bilateral Trade Agreements in the Era of Globalization: The EU and India in Search of a Partnership

by Sangeeta Khorana, Nicholas Perdikis, May T. Yeung, William A. Kerr

Overview

This unique book provides an assessment of an Indian-EU agreement, drawing on the theory of preferential agreements, the history of India-European relations and the recent refocusing of the Indian economy. The authors explore both a broad overview of the agreement as well as a detailed examination of sensitive sectors.

A preferential trade agreement between India and the EU fires the imagination. It encompasses one fifth of humanity, connecting a large developed single market together with a major developing economy, together representing sufficient scope and diversity to capture almost all the gains expected from globalization. After a broad discussion of the agreement, the book focuses on two sensitive sectors - clothing and footwear, including the results of a stakeholder survey regarding non-tariff barriers in these industries. The book concludes that realizing the potential benefits of an India-EU agreement will depend on a clear understanding of the existing barriers to trade, careful negotiations and the willingness to implement what has been agreed.

Business executives in both Europe and India as well as officials in the Indian government and EU Commission will find this innovative book a fascinating read.

Product Details

ISBN-13:	9781848447950
Publisher:	Edward Elgar Publishing
Publication date:	03/29/2010
Pages:	214
Product dimensions:	6.20(w) x 9.30(h) x 0.80(d)

About the Author

Sangeeta Khorana, Aston University, UK, Nicholas Perdikis, Director, School of Management and Business, Aberystwyth University, UK, May T. Yeung, University of Saskatchewan and William A. Kerr, University Distinguished Professor, Department of Agricultural and Resource Economics, University of Saskatchewan, Canada

Table of Contents

Contents: Preface 1. Imagine 2. Preferential Trade Agreements and the Global Trading Environment 3. India’s Engagement with the World Economy 4. The Evolution of EU–India Trade Relations 5. The Indian Clothing and Footwear Industries 6. Non-Tariff Barriers 7. Preparing for an India–EU Trade Agreement 8. Oh East is East, and West is West, but What if the Twain Shall Meet? Appendices References Index

Editorial Reviews

‘. . . very useful reading which sheds light on many crucial points regarding a EU-India preferential trade agreement. The argument is presented accurately and with special attention to details. Moreover, the book is written in a clear and easily understandable style, with little jargon which makes it a pleasant reading for all those who have some interest in the topic.’

Antonella Viola

‘This is a well-researched book outlining the salient features of trends in trade relations between India and the EU. The trade between the EU and India has grown substantially in the last decade as more trade friendly policies are pursued. The argument is presented with attention to details and the book is a source of valuable data, for example about developments in new sectors of economic co-operation. The authors write clearly and their book is an excellent source of reference for trend data.’

Shanti P. Chakravarty

‘While there are no shortages of contributions on the theory or political economy of trade globalization, this monograph addresses the practical and applied side of all stages of trade negotiations between the EU, a group of countries with disparate production and hence trade structures, and an emerging economy. Written in a clear, jargon free style, this publication will be an extremely useful read for academics, policy makers and practitioners specializing in European and emerging countries trade issues.’

Dipak Ghosh