Trade, Globalization and Development

Rajat Acharyya is a Professor of Economics at Jadavpur University, and currently teaches Microeconomic Theory and International Economics. He was a student of Prof. Kalyan K. Sanyal at Calcutta University from 1987 to 1989. He completed his Ph.D. at Jadavpur University and subsequently held a Ford Foundation Fellowship at the University of Rochester, USA (1997-1998). He was honoured with the EXIM Bank International Trade Research Award in 1997 and the Mahalanobis Memorial Medal Award in 2006. Prof. Acharyya was a Visiting Fellow at the University of Kent at Canterbury, UK (2008 – 2010) and is the Editor of Trade and Development Review (www.tdrju.net ). Sugata Marjit is the Reserve Bank of India Professor of Industrial Economics at the Centre for Studies in Social Sciences, Calcutta and Chairman of the West Bengal State Council of Higher Education. His research interests include International Economics, Industrial Organization, Development Economics, Macroeconomics and Public Economics. He has held professorial positions e.g. at the Indian Statistical Institute, Jawaharlal Nehru University, at the Universities of Bonn, Cornell, Penn State, Rochester, Erasmus, Copenhagen, Queensland and at the City University of Hong Kong. He received the Mahalanobis Medal from the Indian Econometric Society in 2002 and the VKRV Rao National Prize for young Social Scientists in 2003. He serves on the editorial boards of various national and international journals and is the Editor of The South Asian Journal of Macroeconomics and Public Finance.

• Part I:  Globalization, Input Trade and Sanyal’s Contribution to Trade Theory.- Chapter 1: Middle Products Revisited.- Chapter 2: Competition Policy vs. Industrial Policy.- Part II: Trade, Technology and Increasing Returns.- Chapter 3: Protectionism and Increasing Returns.- Chapter 4: Transaction Cost, Technology Transfer and Mode of Organization.- Chapter 5:  A Simple Model of Foreign Brand Penetration with Multi-Product Firms.- Part III: Agricultural Trade, Uncertainty and the Emerging issues.- Chapter 6: Agricultural Trade with Production Uncertainty.- Chapter 7: Safeguards and Investigations.- Part IV: Trade Diversity, Quality and the developing Countries.- Chapter 8: Infrastructure Development, Comparative Advantage and Missing Trade.- Chapter 9: Catching up in terms of Product Quality.- Part V: Dynamic Issues.- Chapter 10: Convergence in a Three Factor Dynamic Model: Finite Vs. Infinite Lives.- Part VI: Trade, Financial Flows and Exchange Rate.- Chapter 11: Some Reflections on the Recent Financial Crisis.- Chapter 12: Mundell-Fleming with Stock Market and Endogenous Risk Premium.- Chapter 13: Reforms, Exchange Rate Pass-Through and India’s Export Prices.