Debashis Chakraborty is Assistant Professor at the Indian Institute of Foreign Trade, New Delhi. His research interests include international trade policy and WTO negotiations, environmental sustainability and Indian economic development. He has co-edited the books Environmental Challenges and Governance: diverse perspectives from Asia and Environmental Scenario in India: successes and predicaments, both published by Routledge. Jaydeep Mukherjee is Assistant Professor at the Indian Institute of Foreign Trade, New Delhi. His research interests include financial-sector and real-sector economy interlinkage, open-economy macroeconomy, macro-economic policy and applied econometrics. He has been involved in more than fifteen research projects commissioned by ministries of Indian government, multilateral bodies and corporate entities.

'There is a perceived need to empirically explore the trade-investment nexus in Asia in general and through India’s trade relationship with select Asian and non-Asian partners in particular. In this context, the recent volume edited by Chakraborty and Mukherjee is a well-structured and timely contribution to the literature, which analyzes the emerging issues. [...] Overall this book is an interesting read on issues that are topical and have great policy relevance. It is a must-read reference for anyone willing to explore more about trade and investment nexus in the Asian sub-region.' – Journal of Social and Administrative Sciences, Vol. 3, Issue 2, June 2016'This excellent book represents a landmark contribution. While the Asian economies have significantly benefited over the last decade through the deepened production networks and the ongoing regionalization drive, there is still room for harmonizing product standards, reforming domestic regulations and learning from the integration experience of countries at a comparable level of development. The edited volume by Chakraborty and Mukherjee, which includes several country and regional experiences, will appeal to all those interested in empirical and policy research on trade and development interrelationship. Overall, the editors are to be congratulated on producing an excellent volume on a topic not previously adequately covered.' – Professor Julien Chaisse, Director, Centre for Financial Regulation and Economic Development, The Chinese University of Hong Kong'The trade and investment integration in the Asian region and the neighbouring countries over the last two decades has considerably deepened, through unilateral, multilateral as well as regional reforms. The edited volume by Chakraborty and Mukherjee, which includes both theoretical and empirical analysis, is a major attempt to analyse such experiences. The book will be an important reference for researchers focusing on the theme of trade and development.' — Atanu Ghoshray, Professor of Economics, Newcastle University Business School'Debashis Chakraborty and Jaydeep Mukherjee have put together an excellent volume covering trade and investment issues relevant to the most dynamic region of the world. The volume deals with the major contours of the debates on these issues, both in the multilateral and regional contexts, which makes the volume relevant for academia and policymakers alike.' — Professor Biswajit Dhar, Centre for Economic Studies and Planning, Jawaharlal Nehru University'The volume edited by Chakraborty and Mukherjee is a timely contribution to the existing literature encompassing empirical analysis on crucial policy issues in trade and investment and their role in promoting economic development, particularly for India and several Asian economies. [...] Overall, the book brings out an interesting perspective on contemporary issues of policy relevance. The book provides a diverse picture of the evolving trade-investment scenario for Asian countries in general with a specific focus on India. [...] [It] helps academics, researchers and policymakers to understand and make an evaluation of whether depeer cross-country investment flows and integration would lead to development.' — South Asian Economic Journal, 18(1) p112-130

• 1. Editors’ Introduction: An Asian perspective of global trade and investment dynamics (Debashis Chakraborty and Jaydeep Mukherjee)Section I: Trade: Empirical and Policy Issues2. India’s Vertical and Horizontal Intra-Industry Trade during Post-Liberalization Period (Hemangi K. Kelkar and L. G. Burange)3. Emerging Production Network between India and ASEAN: An Analysis of Value Added Trade in Select Industries (Biswajit Nag)4. Global Crises and Iran-India Trade Relations: A Gravity Analysis (Seyed Komail Tayebi and Zahra Zamani)5. Determinants of Exports of Indian Manufacturing: A Firm Level Analysis (Anirban Biswas)6. Services trade policy and trade performance: The case of India (Hildegunnn Kyvik Nordås and Dorothée Rouzet)7. Accountancy Services Sector in Asia: Case Study of India (Pralok Gupta and Rupa Chanda)8. The Effect of Euro on Bilateral Trade and Exports of EMU Economies (Mohd Hussain Kunroo)Section II: Foreign Capital Flows: Impact on Trade and Welfare9. Does foreign direct investment form human capital? A study with World Input-Output Data in India (Gunja Baranwal)10. Special Economic Zones and Agriculture: An Alternative Theorisation. (Soumyatanu Mukherjee and Sameen Zafar)11. Effect of foreign capital inflows on the Indian manufacturing sector: A firm-level study (Vaishnavi Sharma)12. The Impact of Financial Integration and External Shocks on Economic Growth: Analysis for Maghreb Countries (Soumia Zenasni and Abderrezzak Benhabib)13. Trends, Determinants and challenges of Foreign Direct Investment in Emerging Markets (Pravin Jadhav, Vijaya Katti and Rahul Nath Choudhury)Section III: Trade-Fiscal Policy Interface and Environmental Implications14. Environmental Policy Instruments for International Trade: A Review (Sacchidananda Mukherjee and Debashis Chakraborty)15. Impact of carbon based border tax adjustment on trade: A case study of India’s export to select EU countries (Souvik Bhattacharjya, Nitya Nanda and Saswata Chaudhury)16. How CO2 Emissions are influenced by Scale, Composition and Technique Effects? Panel Data Analysis Results (Debashis Chakraborty and Sacchidananda Mukherjee)Section IV: Institutions, International Trade and Policy Issues17. WTO and Food Security in Developing Countries: Unfair Provisions (Sachin Kumar Sharma)18. Handling Non-Tariff Measures in RTAs: Case of ASEAN and SAARC (Rajan Sudesh Ratna)19. Pacific Integration with Asia (Dibyendu Maiti and Sunil Kumar)20. Editors’ Conclusion: Trade and Investment Issues in Asia – Lessons for the Future (Debashis Chakraborty and Jaydeep Mukherjee)

Debashis Chakraborty is Assistant Professor at the Indian Institute of Foreign Trade, New Delhi. His research interests include international trade policy and WTO negotiations, environmental sustainability and Indian economic development. He has co-edited the books Environmental Challenges and Governance: diverse perspectives from Asia and Environmental Scenario in India: successes and predicaments, both published by Routledge. Jaydeep Mukherjee is Assistant Professor at the Indian Institute of Foreign Trade, New Delhi. His research interests include financial-sector and real-sector economy interlinkage, open-economy macroeconomy, macro-economic policy and applied econometrics. He has been involved in more than fifteen research projects commissioned by ministries of Indian government, multilateral bodies and corporate entities.

'There is a perceived need to empirically explore the trade-investment nexus in Asia in general and through India’s trade relationship with select Asian and non-Asian partners in particular. In this context, the recent volume edited by Chakraborty and Mukherjee is a well-structured and timely contribution to the literature, which analyzes the emerging issues. [...] Overall this book is an interesting read on issues that are topical and have great policy relevance. It is a must-read reference for anyone willing to explore more about trade and investment nexus in the Asian sub-region.' – Journal of Social and Administrative Sciences, Vol. 3, Issue 2, June 2016'This excellent book represents a landmark contribution. While the Asian economies have significantly benefited over the last decade through the deepened production networks and the ongoing regionalization drive, there is still room for harmonizing product standards, reforming domestic regulations and learning from the integration experience of countries at a comparable level of development. The edited volume by Chakraborty and Mukherjee, which includes several country and regional experiences, will appeal to all those interested in empirical and policy research on trade and development interrelationship. Overall, the editors are to be congratulated on producing an excellent volume on a topic not previously adequately covered.' – Professor Julien Chaisse, Director, Centre for Financial Regulation and Economic Development, The Chinese University of Hong Kong'The trade and investment integration in the Asian region and the neighbouring countries over the last two decades has considerably deepened, through unilateral, multilateral as well as regional reforms. The edited volume by Chakraborty and Mukherjee, which includes both theoretical and empirical analysis, is a major attempt to analyse such experiences. The book will be an important reference for researchers focusing on the theme of trade and development.' — Atanu Ghoshray, Professor of Economics, Newcastle University Business School'Debashis Chakraborty and Jaydeep Mukherjee have put together an excellent volume covering trade and investment issues relevant to the most dynamic region of the world. The volume deals with the major contours of the debates on these issues, both in the multilateral and regional contexts, which makes the volume relevant for academia and policymakers alike.' — Professor Biswajit Dhar, Centre for Economic Studies and Planning, Jawaharlal Nehru University'The volume edited by Chakraborty and Mukherjee is a timely contribution to the existing literature encompassing empirical analysis on crucial policy issues in trade and investment and their role in promoting economic development, particularly for India and several Asian economies. [...] Overall, the book brings out an interesting perspective on contemporary issues of policy relevance. The book provides a diverse picture of the evolving trade-investment scenario for Asian countries in general with a specific focus on India. [...] [It] helps academics, researchers and policymakers to understand and make an evaluation of whether depeer cross-country investment flows and integration would lead to development.' — South Asian Economic Journal, 18(1) p112-130

• 1. Editors’ Introduction: An Asian perspective of global trade and investment dynamics (Debashis Chakraborty and Jaydeep Mukherjee)Section I: Trade: Empirical and Policy Issues2. India’s Vertical and Horizontal Intra-Industry Trade during Post-Liberalization Period (Hemangi K. Kelkar and L. G. Burange)3. Emerging Production Network between India and ASEAN: An Analysis of Value Added Trade in Select Industries (Biswajit Nag)4. Global Crises and Iran-India Trade Relations: A Gravity Analysis (Seyed Komail Tayebi and Zahra Zamani)5. Determinants of Exports of Indian Manufacturing: A Firm Level Analysis (Anirban Biswas)6. Services trade policy and trade performance: The case of India (Hildegunnn Kyvik Nordås and Dorothée Rouzet)7. Accountancy Services Sector in Asia: Case Study of India (Pralok Gupta and Rupa Chanda)8. The Effect of Euro on Bilateral Trade and Exports of EMU Economies (Mohd Hussain Kunroo)Section II: Foreign Capital Flows: Impact on Trade and Welfare9. Does foreign direct investment form human capital? A study with World Input-Output Data in India (Gunja Baranwal)10. Special Economic Zones and Agriculture: An Alternative Theorisation. (Soumyatanu Mukherjee and Sameen Zafar)11. Effect of foreign capital inflows on the Indian manufacturing sector: A firm-level study (Vaishnavi Sharma)12. The Impact of Financial Integration and External Shocks on Economic Growth: Analysis for Maghreb Countries (Soumia Zenasni and Abderrezzak Benhabib)13. Trends, Determinants and challenges of Foreign Direct Investment in Emerging Markets (Pravin Jadhav, Vijaya Katti and Rahul Nath Choudhury)Section III: Trade-Fiscal Policy Interface and Environmental Implications14. Environmental Policy Instruments for International Trade: A Review (Sacchidananda Mukherjee and Debashis Chakraborty)15. Impact of carbon based border tax adjustment on trade: A case study of India’s export to select EU countries (Souvik Bhattacharjya, Nitya Nanda and Saswata Chaudhury)16. How CO2 Emissions are influenced by Scale, Composition and Technique Effects? Panel Data Analysis Results (Debashis Chakraborty and Sacchidananda Mukherjee)Section IV: Institutions, International Trade and Policy Issues17. WTO and Food Security in Developing Countries: Unfair Provisions (Sachin Kumar Sharma)18. Handling Non-Tariff Measures in RTAs: Case of ASEAN and SAARC (Rajan Sudesh Ratna)19. Pacific Integration with Asia (Dibyendu Maiti and Sunil Kumar)20. Editors’ Conclusion: Trade and Investment Issues in Asia – Lessons for the Future (Debashis Chakraborty and Jaydeep Mukherjee)