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Full Description
This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasising the significance of economic development within policymaking, the book covers important issues like the provisioning of public goods, its implication in a liberalised regime, crime and corruption, skilled-unskilled wage inequality, income distribution and unemployment, environmental regulation and role of educational capital and informal sector. The volume deals with the impact that different aspects of international trade and investment are likely to have on the above-mentioned areas. The essays, written to honour the memory of Professor Sarbajit Chaudhuri, also examine topics that focus on public policy related to immigration of skilled workforce, political resistance and political compulsions that a democratic government might face in keeping with its commitment to tariff reforms, gender wage gap and issues related to globalisation, income distribution and unemployment.
The book will be of invaluable interest to postgraduate students, scholars and researchers of development economics, international economics and labour economics and to those working on theoretical research on applications of general equilibrium trade models in developing countries.
Contents
1. Introduction 2. Optimal Provision of a Restricted Public Good under Lobbying and Income Inequality. Sarbajit Chaudhuri and Sajal Lahiri 3. New Protectionism and Political Economy of Immigration of Skilled Labour. Sarbajit Chaudhuri, Kausik Gupta and Sugata Marjit 4. Discontent and Political Resistance to Tariff Reform. Rajat Acharyya 5. Crime, Efficiency of Labour and Economic Development: A Theoretical Analysis. Manash Ranjan Gupta and Priya Brata Dutta 6. Crime, corruption and Capital: A General equilibrium analysis in presence of political cronyism. SushobhanMahata, Rohan Kanti Khan, Ranjanendra Narayan Nag, Soumyajit Mandal and Salonkara Chaudhuri 7. Asymmetric Adjustment Costs and the Gender Wage Gap with Fragmentation in a Simple General Equilibrium Model. Hamid Beladi, Avik Chakrabarti and Daniel Hollas 8. Skilled Unskilled Wage Inequality, Unemployment and Tourism Development: A Theoretical Analysis. Priyabrata Dutta and Swaraj Das. 9. Globalization, Pandemic Crisis, Income Distribution and Unemployment: A General Equilibrium Analysis. Ranjanendra Narayan Nag, Damayanti Sau ,Asmita Das, TavishiRupani and Shyani Mukherjee 10. Trade Liberalization and Environmental Regulation in Developing Economy. Dibyendu Banerjee and Purbasha Bhattacharyya 11. Pollution Treaties, Bilateral Carbon Trade and Welfare. Saibal Kar and Sarmistha Banerjee. 12. Inflow of Educational Capital, Intermediation and Informal Sector. Sangita Roy and Biswajit Mandal. 13. Exportable Product Quality and International Fragmentation in a Small Open Economy. Sudeshna Mitra