Contemporary Issues in International Trade Challenges and Opportunities

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 specialization
• Impact of crises on trade
• Macroeconomic vulnerability in developing countries
• India?s automotive and technological exports
• The influence of liberalization on India?s manufacturing sector
• International insurance markets
• Protectionism
• Labour market impact of trade reforms
• Blockchain technology
• The influence of ?fake news? on trading preferences
• Challenges in the globalisation of agriculture
• Correlations between trade and human development

Reaching 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.

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 Bhardwaj
Chapter 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 Dey
Chapter 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

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.