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- DescriptionAvailable research suggests that less developed countries have significant competitive advantage over developed countries in three major areas of international trade: agriculture, textiles and clothing (T&C), and cross-border labor mobility. Incidentally, these are also the trade sectors which experienced widespread protectionist measures, especially in developed world, for decade after decade. Under the World Trade Organization (WTO), which replaced the General Agreement on Tariff and Trade (GATT) in 1995, much of the restrictions in T&C trade has been phased out, but still this sector faces much higher tariff and n-tariff barriers than any other manufacturing sector in world ecomy. The agricultural sector also experienced significant dismantling of deeply entrenched trade barriers under the WTO over the course of last two decades, but the sector still remains plagued with quite extensive domestic supports, export subsidies, and tariff barriers. At the same time, despite both theoretical expositions and empirical trends point to significant potential gains from cross-border labor mobility, the sector remains mired in a complex quagmire of ecomic and political restrictions around the world. Thus, all three sectors in which less developed countries have exports interests still remain less liberalized than the sectors in which developed countries have exports interests. This book provides an in-depth and up-to-date scholarly analysis of all three trade sectors-agriculture, T&C and cross-border labor mobility-with a penetrating scrutiny of historical backgrounds and developments, crosscurrents of interests and perspectives of both developed and developing countries, and evolving trade patterns and potentials in a more liberalized and globalized world ecomy. The book also identifies critical ecomic issues and options for less developed countries in the WTO negotiations for further liberalization of agriculture, T&C, and cross-border labor mobility. This volume will be an important point of reference for students, scholars, and practitioners of international trade, ecomic development, development ecomics, and WTO-related issues.
- Author BiographyCaf Dowlah is Professor of Economics at the City University of New York, USA.
- Author(s)Caf Dowlah
- PublisherTaylor & Francis Ltd
- Date of Publication06/08/2015
- SubjectEconomics: Professional & General
- Series TitleRoutledge Studies in the Modern World Economy
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- Content Note41 black & white illustrations, 57 black & white tables, 41 black & white line drawings
- Weight544 g
- Width156 mm
- Height234 mm
- Spine20 mm
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