Priyaranjan Jha – författare

This Encyclopedia provides a comprehensive overview of theories, empirical research and policy in international trade. Eminent scholars examine the economic, political, geographic dimensions of globalization.Explaining classical frameworks alongside modern developments in theory, authors explore the Heckscher-Ohlin and Eaton-Kortum models, amongst others. The Encyclopedia presents the developments, trends, and impacts of key international trade topics and concepts in entries that are engaging and accessible. Entries outline key topics, including the political economy of policy, foreign direct investment and migration within the context of trade.This is an invaluable resource for students and scholars of international trade, economics and finance, business and management as well as politics and public policy. Its practical insights are also greatly beneficial for policymakers in international trade.Key Features:Includes over 40 contributions by leading scholars across the worldPresents accessible explanations of key topics using established knowledge and open questionsEstablishes excellent starting point for specialists, students, policymakers and general readers seeking greater understanding

This book provides a comprehensive discussion of the economics of International Trade.Key questions related to why countries trade, how they gain from trade, and how international trade can produce winners and losers are answered. The last of these questions is related to the connection of trade to inequality in the distribution of income.The book uses both theoretical models and empirical evidence to answer these questions. It also provides a discussion of the economics of labor migration and international capital mobility. The book also provides a detailed discussion of the welfare implications of various trade policy instruments such as tariffs, quotas, export subsidies etc. This is followed by a discussion of the process of actual policymaking in democratic societies which goes into the realm of political economy. The focus here is on the political economy of trade policy. It also provides a discussion of the economics of preferential trading agreements and a history of multilateral trading agreements under the aegis of GATT (General Agreement on Tariffs and Trade) and its evolution into the World Trade Organization (WTO).