Download or read book The India Korea CEPA written by Sudhakar Yedla and published by Springer. This book was released on 2018-12-30 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the changes that the Comprehensive Economic Partnership Agreement (CEPA) could produce by boosting the competitiveness of firms in India and Korea. It evaluates the CEPA in terms of its effects on the environment and natural resources of the importing and exporting countries alike. Further, it employs the revealed comparative advantage (RCA) and relative trade advantage (RTA) methods of analysis to gauge the influence of the CEPA on industrial competitiveness in both host and receiving countries. While the CEPA would increase trade between India and Korea in their respective strong domains, the book argues that, given the nature of the exported and imported goods and products, India would be more susceptible to serious environmental impacts than would Korea. The book subsequently presents these impacts in a qualitative framework and stresses the need for a comprehensive valuation of not only environmental impacts, but also the losses due to tariff cuts and the gains due to increased trade between the two countries.
Download or read book India Korea CEPA written by Shahid Ahmed and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present study investigates the potential economic impacts of India- Korea CEPA using trade indices, partial equilibrium and computable general equilibrium. One hypothetical scenario is examined in SMART model and two hypothetical tariff liberalization scenarios are examined in GTAP model focusing on short run and long run. Using the partial equilibrium WITS-SMART model, we tried to assess the impact of liberalization under the CEPA, assuming full liberalization of imports from the India into Korea and vice versa. We more specifically looked at consumer surplus, trade creation and diversion results as well as the impact on tariff revenues. Using GTAP model, it is a good instrument for identifying the winning and losing countries and sectors under policy changes. GTAP can be used to capture effects on output mix, factor usage, trade effects and resultant welfare distribution between countries as a result of changing trade policies at the country, bilateral, regional and multilateral levels. Finally, bilateral investment flows has also been discussed. The GTAP results reveal that Korea gains while India loses in terms of welfare. Sectoral output and employment effects are mixed. Both countries are gaining significantly in their bilateral trade flows. The SSA results reveal that the CGE results are robust. Using partial equilibrium analysis, SMART model indicates positive effect on consumer surplus and on other trade flows. However, tariff revenues will be reduced by this agreement. India is expected to loose US$ -768.37 million while Korea will loose by US$ -1232.6 million. The study recommends the following in light of our findings. First, in order to tamper the losses in budget revenues, countries should seek to diversify their tax base and develop alternative less distortionary revenue generating strategy. Secondly, if the consumers are to truly benefit of CEPA, the national capacity to limit rent capture by importers and exporters should be strengthened.
Download or read book Two Years On written by Woong Lee and published by . This book was released on 2014 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Korea-India CEP ...
Download or read book Bilateral Cooperation in IT and IT enabled Services Between India and Korea in the Post CEPA Era written by Priyadarsh Dash and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bilateral economic relations between India and Korea seem to have improved considerably after the Comprehensive Economic Partnership Agreement (CEPA) between the two countries came into force in January 2010. This was reflected in a dramatic rise in India's bilateral trade with Korea from US$ 3.4 billion and US$ 8.6 billion in 2009 to USS$ 4.4 billion and 13.1 billion in 2011 for exports and imports, respectively. In addition, the Agreement has created possibilities for higher trade in several product lines and services, and created scope for foreign direct investments (FDI) in both economies. FDI by Korea in India has almost doubled in the four-year period from US$ 68 million in 2007 to US$ 132 million in 2011. Likewise, Indian firms are increasingly becoming active by investing in diversified sectors of the Korean economy. While the early harvest gains from this expanded market access is more visible in merchandise trade, the future of trade in services between the two economies appears to be more promising. In particular, the information technology sector provides ample scope for enhancing two-way trade especially in the areas of software, Business Process Outsourcing (BPO) and other IT-enabled services (iTeS).
Download or read book Bilateral Cooperation in IT and IT Enabled Services Between India and Korea in the Post CEPA Era written by Priyadarshi Dash and published by . This book was released on 2016 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the prospects of trade in IT and IT-enabled services after ratification of India-Korea Comprehensive Economic Partnership Agreement (CEPA) by combining emerging development policy paradigms in both the countries.
Download or read book India s Recent Economic Policy and the Potentials of Korea India Cooperation written by Jeong-Gon Kim and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea and India are ideal economic partners with matching needs. Korea needs to foster co-operation with India in terms of diversifying trade and investment in the wake of COVID-19 and the U.S.-China conflict. Meanwhile, fostering manufacturing is a priority of India, and continuous efforts will be made to improve participation in GVC. Considering the strengths of both countries, the potential for cooperation is high. Korea is competitive in key manufacturing industries such as electronics and automobiles that India wants to foster, and has upgraded economic relations with India since the signing of the Korea-India CEPA. In addition, Korea has strong trade and investment links with ASEAN and could serve as a cooperative partner for India in ASEAN. Meanwhile, India is actively improving its investment environment and has excellent service industries in areas such as IT, R&D, and business services. Moreover, India is building a diversified economic network with the United States, the EU, South Asia, the Middle East, and Africa, showing its high potential for cooperation with Korea in those countries.
Download or read book South Korea s Rise written by Uk Heo and published by Cambridge University Press. This book was released on 2014-07-03 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores South Korea's phenomenal economic rise and the impact that this has had on the country's foreign policy.
Download or read book Cepa written by Hankyoung Sung and published by . This book was released on 2015 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: English Abstract: This study aims to identify development plans and to explore their application in the ICT industry related to utilization of the Korea-India CEPA. The Indian economy was under the danger of financial crisis during the recession but still has maintained its position as a major emerging market. After Korea-India CEPA entered into force in January 2010, trade between the two countries rapidly increased. However, bilateral trade has declined due to the recent global economic crisis. In addition, while Indian investment to Korea is being expanded, Korean investment to India among small and medium enterprises has been shrinking. In terms of competitiveness, Korea has comparative strengths in the ICT manufacturing sectors, and also in banking and finance. Since the Ministry of Science, ICT and Future Planning was established, Korea views the ICT as a pivotal sectors in its quest for a creative economy. India's policy goal on ICT involves making India a global hub and destinations for IT-ITeS. There are obstacles in this regard as Korea suffers from the shortage of ICT expertises and India is weighed down by potential IPR issues. The Korea-India CEPA could strengthen the complementary cooperation in ICT between Korea and India. According to the dynamic CGE model analysis, both economies would have benefit if the Korea-India CEPA succeeds in increasing the productivity of ICT manufacturing and ICT service sectors in both economies. Korea has increased cooperation in ICT with the US., the EU, as well a inemerging markets through its FTAs. The expansion of the CEPA concession, enhancement of the CEPA utililization rate and the movement of ICT expertise would be implemented by regular job fairs, which not only provide information on Indian IT-related firms, universities and the market but also provide 'practice' projects on ICT for small and medium enterprises. In addition, it is necessary to figure out problems on a fundamental level regarding mismatches of HS codes and certification of the origin. Lastly, we should pursue long-term performance to bolster relations between the two countries by adopting a careful and gradual approach.
Download or read book India and the Republic of Korea written by Skand R. Tayal and published by Routledge. This book was released on 2015-07-17 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the underlying logic of the strategic and economic partnership between the Republic of Korea and India, this book is the first detailed study of the numerous facets — cultural, economic, people-to-people, and strategic — of blossoming relations between two major Asian democracies. This comprehensive survey documents the interaction between the two governments, relying on facts and hitherto unpublished original records provided by India’s Ministry of External Affairs; offers an illuminating account of India’s active role as a neutral party in the post-Second World War events of the Korean War and the division of the Korean Peninsula; and provides a vision of the future direction of India–Korea relations. The author also shares candid observations of Korean society and its people during his service as Ambassador of India in Seoul. The work will be useful to policy makers as well as students of politics and international relations, strategic studies, economics, and contemporary world history.
Download or read book The Legality of Bailouts and Buy Nationals written by Kamala Dawar and published by Bloomsbury Publishing. This book was released on 2017-09-21 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book offers a well-argued and insightful critical assessment of the shortcomings of international trade and competition rules in tackling interventionist State measures in the context of an economic crisis. Dawar offers an evidence-rich account of the challenges that State protectionism creates for international trade liberalisation and for the protection of competition in international markets. Her insights will be particularly interesting in the context of current events leading to another surge of State economic interventionism, both for academics and for policy-makers with an interest in international trade." Dr Albert Sanchez-Graells, University of Bristol Law School "This book bursts the bubble of the self-congratulatory attitude that existing institutions, which were set up to discipline governments from a race to the bottom on economic policy, worked well after the financial crisis. These institutions may have prevented tariff wars, a big achievement compared to the time of the Great Depression. But they went along with the subsidies and state aid that governments put in place after 2007. Such flexibility on economic policy is essential in turbulent times. But these institutions are undermined if flexibility comes with a race to the bottom that shifts money away from policies for the more marginalized sections of society. At a time when the left behinds are changing the political landscape of the world, Kamala's book debunks the myth of the success of existing institutions in containing the economic fallout of the global financial crisis. It gives a sobering warning of what might unfold when institutions deal with economic challenges by turning a blind eye to their own rules for checking unfair competition." Dr Swati Dhingra, Senior Lecturer at the Department of Economics, London School of Economomics 'An impressive contribution to our understanding of the financial crisis. Dawar's reading of bailouts and buy national through the lens of competition law and government procurement law and policy is inspirational.' Professor Mary E Footer, University of Nottingham School of Law 'The diplomatic fiction that during the crisis years regional and global trade rules ensured a level commercial playing field is skewered by Dawar's trenchant legal analysis.' Professor Simon Evenett, University of St Gallen This book examines the international regulation of crises bailouts and buy national policies. It undertakes this research with specific reference to the crisis years 2008–2012. The book includes a comparative analysis of the regulation of public procurement and subsidies aid at both multilateral and regional levels, identifying the strengths and weakness in the WTO legal framework and selected regional trade agreements (RTAs). Ultimately, the aim of this work is to provide options for improving the consistency of these laws and the regulation of these markets. This is of immediate relevance for good economic governance, as well as for managing future systemic financial crises in the interests of citizens: as tax payers and consumers.
Download or read book Regulation Of Foreign Investment Challenges To International Harmonization written by Zdenek Drabek and published by World Scientific. This book was released on 2013-01-11 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main aim of this book is to assess the importance of international rules for foreign direct investment and the major challenges to international harmonization of those rules. Particular attention is paid to the most controversial and contentious issues with the view of appraising the prospects for establishing global rules. The book is divided into three parts; the first part includes papers assessing the role of national and international legislation with further distinction being made between bilateral, regional and multilateral legal frameworks. The second part addresses regulatory issues of technology transfer, labor, environment, subsidies and investment incentives, national security, public services and sovereign wealth funds. The final part looks at the experience of some international fora in addressing these issues and at some theoretical and conceptual problems of rule harmonization. The papers have been written by legal and economic scholars from leading universities.
Download or read book Special Economic Zones in India written by Arpita Mukherjee and published by Springer. This book was released on 2016-07-14 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines India’s ten years of experience developing Special Economic Zones (SEZs) and the performance of SEZs in the context of India’s growing international engagement, its endeavours to attract domestic and foreign investment in manufacturing and services and its aim to increase and diversify exports of goods and services. SEZs are industrial enclaves/clusters within a country that receive certain incentives and business facilitation benefits that are not generally available to the rest of the country. To facilitate private and foreign investment in SEZs, India introduced the SEZ policy in 2000, which was followed by the SEZ Act in 2005. After ten years under the Act, India now has one of the largest number of approved SEZs in the world and its SEZ policy remains heatedly debated, with a number of studies arguing both for and against it. Given this background, the book also identifies the challenges faced by SEZs in India and offers policy recommendations on how to make the SEZs an engine for India’s economic growth and development that can more effectively link the country’s manufacturing and services sectors to global value chains.
Download or read book Industrial Policy Challenges for India written by Smitha Francis and published by Taylor & Francis. This book was released on 2019-03-15 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the debates on global value chains (GVCs) and free trade agreements (FTAs) as springboards for industrial development in developing countries, especially India. It connects the outcomes in GVC-led industrial restructuring and upgrading to industrial policy choices in trade and FDI liberalisation, in particular those through FTAs. With the share of manufacturing in GDP stagnant at around 15–16% since the 1980s, India’s policymakers have pinned their hopes on greater integration into GVCs to revitalise the manufacturing sector. The multiple FTAs the country has signed over the last few years, specifically the ones with the Association of Southeast Asian Nations (ASEAN), South Korea, Malaysia and Japan have been sought to be rationalised using the same argument. The book argues that failing to factor in the industrial policy causalities involved in sustainable indigenous technology development, structural barriers to the entry into GVCs, the assessments of the available evidence on the adverse impact of trade and FDI liberalisation as well as existing FTAs on firm-level incentives for undertaking domestic production, and the industrial policy constraints imposed by FTAs can prove costly for the trajectories of developing country economies, including India. Rich in data, this book will be useful to scholars and researchers of development economics, economics in general, development studies and public policy as well as government bodies, industry experts and policymakers.
Download or read book India s National Security written by Satish Kumar and published by Taylor & Francis. This book was released on 2016-10-04 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fifteenth volume of India’s National Security Annual Review undertakes an incisive analysis of India’s endeavours to maximise its gains with respect to its strategic partners. The volume also focuses on the new dynamism that India has injected in its relations with countries in the Middle East and the Asia-Pacific. India’s threat perceptions in its extended security zone, critical aspects of its strategic preparedness and complex issues regarding its internal security have been thoroughly examined.
Download or read book Free Trade Agreements written by V. S. Seshadri and published by Oxford University Press. This book was released on 2023-04-15 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Free Trade Agreement (FTA) is an agreement between two or more countries where the countries agree on certain terms and conditions that affect trade between them. There are more than 350 FTAs worldwide today. In the last two decades these agreements significantly expanded in scope, covering not only market access but also behind-the-border policy issues going far beyond WTO rules. Mega regional FTAs like Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Regional Comprehensive Economic Partnership (RCEP) are coming into play. Developed countries are also establishing their own templates for FTA-making. This book is intended to bring about a greater level of understanding among readers in a systematic manner with respect to the vast changes taking place on the FTA scene worldwide and about India's own limited participation in this regard so far. FTAs are legal instruments, but they also substantially affect business, industry, and agriculture interests. There is a widely held perception in the country, not without some validity, that India's existing FTAs, even if limited, have benefitted the partner countries more than us. India has recently signed two FTAs- with the UAE and Australia. Discussions with the UK are at an advance stage and both the countries are expected to sign the FTA soon. This book tries to capture various aspects of these agreements keeping India's position in mind.
Download or read book Deepening Economic Cooperation between India and Sri Lanka written by Indra Nath Mukherji and published by Asian Development Bank. This book was released on 2013-09-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the performance and impact of the India–Sri Lanka free trade agreement over the past decade and suggests the way forward. India became an important source of imports for Sri Lanka immediately after the implementation of the free trade agreement. Bilateral trade between the countries increased steadily thereafter, with Sri Lankan commodities finding a large market in India. The composition of trade also changed with an increased number of new goods being traded. The book computes indices and suggests scope for deepening economic cooperation between the two countries by pruning the negative lists for trade in goods, identifying potential investment, and suggesting policies for expanding cooperation in services.
Download or read book Handbook on Product Standards and International Trade written by James J. Nedumpara and published by Kluwer Law International B.V.. This book was released on 2021-11-05 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Trade Law Series, Volume 55 India, one of the world’s foremost trading nations, exhibits a particularly complex regulatory landscape with a variety of standard-setting bodies, regulators, accreditation and certification bodies, inspection agencies, as well as several state-level regulators. This is the first book to extensively describe the nature of standard-setting processes in India and the key agencies involved with this task, greatly clarifying the scope of market opportunities in the country. Lucid contributions from experienced practitioners and regulators with first-hand experience in formulating and advising on standards-related issues in international trade help disentangle the web of laws, regulations, operations, and functions of India’s standard setters in governmental, non-governmental, and industry contexts. The chapters describe how standards apply to such crucial trade aspects as the following: conformity assessment practice and procedure; environmental, ethical, social, and safety issues; import bans and import licensing; certification and labelling measures; mutual recognition agreements; food safety; and standardisation of the digital economy. The book is drafted throughout in an easy-to-read style, with numerous tables, flowcharts, and figures illustrating step-by-step compliance procedures. Informative annexes guide the reader to relevant agencies and identify their roles and responsibilities. This book provides a clear and concise guide to the operations, functions, and compliance and documentation requirements of India’s standard-setting and regulatory bodies across all sectors and products, and thus will serve as an unmatched guide for manufacturers, traders, and exporters operating in the Indian market or seeking to export to India. It will also serve as a useful Handbook to policymakers, academics, and researchers interested in understanding the role of standard-setting bodies in the field of international trade.
