Business Law (Books and Journals)

• Foreign Trade Review

Defence mechanism for any nation is the way through which internal as well as external geo-political condition can be stabilised. Moreover, defence sector can also be treated as one of the most potential sectors regarding financial transactions and the relevance of it is valid both in autarky and in the regime of international trade. Using Granger Causality for a panel of 27 developing countries...

• Foreign Trade Review

The objective of this paper is to examine the effect of trade openness on employment in Cameroon. The methodologies used in order to test our hypothesis were the FMOLS and DOLS. The results of the estimations show a positive and significant effect of trade openness on employment in Cameroon with both methods. Indeed, industrialisation and investments were found to significantly increase...

• Foreign Trade Review

India shares its majority of international trade with the United States of America. But a huge amount of discrepancy is frequently observed in the recorded bilateral trade statistics between these two countries. The main reasons are caused by several restrictions prevailing on the account of international trade in India. Export is found to be under-reported consistently whereas import data shows...

• Foreign Trade Review

This paper evaluates the performance of Free Trade Agreements (FTAs) by analysing the determinants of trade flows of Asian economies for a panel of 31 countries during 2007–2014 using a Gravity model. The estimated results suggest that certain FTAs negatively contribute to trade flows across the region and, that GDP and population, among other factors, can explain total trade flows. This study...

• Foreign Trade Review

Applying an asymmetric model, the study reported no evidence of J-curve phenomenon in case of India. In the short-run currency appreciation deteriorates the trade balance and currency depreciation improves it. In the long-run, again the similar response is observed, however, only the impact of currency depreciation is statistically significant. Increase in domestic demand deteriorates the trade...

• Foreign Trade Review

Commitment of South Asian Free Trade Agreement (SAFTA) from South Asian Preferential Trading Agreement (SAPTA) for trade liberalisation was one of the hopes in South Asia. This article highlights untapped trade potential in agro-trade between India and its trading partners in South Asia through Trade Potential Index (TPI). This article evaluates post-SAFTA effects of non-tariff measures (NTMs) on

• Foreign Trade Review

This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004–2011 and Generalised Method of Moments. The following findings are established. First, whereas marginal effects from...

• Foreign Trade Review

Xu Qian, Water Services Disputes in International Arbitration: Reconsidering the Nexus of Investment Protection, Environment, and Human Rights. The Netherlands: Kluwer Law International BV, 2020, xiv+280 pp., GBP 156.51. ISBN 978-94-035-2203-6.

• Foreign Trade Review

This paper evaluates the effect of infrastructure and logistics performance on economic performance. In addition, the mediating role of international trade on the relationship between infrastructure and economic performance, and logistics performance and economic performance, respectively. Generalized Structured Component Analysis (GSCA) was proposed as a Component-Based Approach to Structural...

• Foreign Trade Review

• Foreign Trade Review

The cost of logistics plays a vital role in the pricing of goods in international trade. Besides, the recent imposition of additional tariff by even upper-middle income countries such as the USA, China etc., has led to an increase in the total landed cost of goods. However, a seller has no option but to adapt to changing tariff requirements and can articulate only the logistics cost to a certain...

• Foreign Trade Review

Julien Chaisse (Ed.), Sixty Years of European Integration and Global Power Shifts: Perceptions, Interactions and Lessons. Oxford: Hart Publishing, 2020, £91.80, 520 pp., ISBN: 9781509933747.

• Foreign Trade Review

This article addresses limitations of Logistics Performance Index (LPI) and suggests remedies. Reliability of the instrument used in LPI may be better found by Angular Association method or Bhattacharyya’s measure, using only the frequencies or probabilities of item–response categories without involving assumptions of continuous nature or linearity or normality for the observed variables or the...

• Foreign Trade Review

The COVID pandemic seems to have raised the question, ‘whether existing supply chain (SC) disruption philosophies and strategies continue to remain valid?’. This article assesses the differences in the business scenarios pre-and post-COVID. The authors capture the mathematical and operational relationships amongst the relevant factors and propose a System Dynamics (SD) model to carry out the...

• Foreign Trade Review

This article examines the effect of disruptive event, namely recession, on supply base management (measured by supply base size) by using a large and longitudinal dataset on Indian manufacturing firms. It is found that the buyer firms have increased their supply base size at the annual rate of 8.23 suppliers per year per manufacturer during the pre-recession (2004–2007) period. The strategy of...

• Foreign Trade Review

Since the outbreak of the Syrian crisis in March 2011, the USA, European Union, Arab League and several other regulatory entities imposed negative economic sanctions on Syria—some of the most comprehensive ever implemented. This article first provides an assessment of Syrian foreign trade sector during the reform period of the 2000s and its impact on economic growth. Second, it estimates the...

• Foreign Trade Review

The European Monetary Union (EMU) crisis holds special lessons for existing monetary unions. We assess the behaviour of real effective exchange rates (REERs) of members of the Central African Economic and Monetary Community zone with respect to their long-term equilibrium paths. A reduced form of the fundamental equilibrium exchange rate model is estimated for associated misalignments. Our...

• Foreign Trade Review

Imported intermediate inputs, that is, parts and materials sourced from abroad and used to make products either consumed domestically or in producing exported goods are a growing force in world trade. We test for the relative effect of imported intermediate inputs and domestic inputs in promoting foreign exports and various forms of domestic sales, using firm-level survey data. Imported...

• Foreign Trade Review

The decarbonization of the energy system requires the adoption of a mix of zero or low carbon intensive technological options, which depends on their cost-effectiveness, their potential to reduce emissions and on social acceptance issues. Transport electrification combined with renewable energy sources (RES) deployment in power generation is a key decarbonization option assessed in many recent...

• Foreign Trade Review

In 2018, the United States (US) Administration initiated several trade actions, including tariffs on China for unfair trade practices outlined by the US Trade Representative (USTR). In response, China filed requests for consultations with the World Trade Organization (WTO) and has implemented or threatened to implement increased tariffs on US products. In this article, the implications of current

• Foreign Trade Review

The world today is facing a major challenge in adjusting to the adverse effects of the Coronavirus (COVID-19) spread. Meeting the demand for several key drugs and preventive medical supplies has emerged as major concern in many countries. India has over the years consolidated its position as a major producer and exporter of not only bulk drugs and formulations but also other medical provisions...

• Foreign Trade Review

Like many developing economies, services have emerged as crucial economic activities in South Asia; yet, this cannot increase the rapid growth in the intra-trade in the region. To find out the service trade potential in the region, this article uses revealed comparative advantage indices to assess the comparative advantage and the indicative trade potential of different South Asian countries in...

• Foreign Trade Review

• Foreign Trade Review

This article analyses the trends in greenhouse gas (GHG) emissions intensity over the period 1995–2009 in a mix of developing and developed economies that account for almost two-thirds of global emissions. From the accounting point of view, it distinguishes between the production-based emissions (PBEs) and consumption or demand-based emissions (DBEs). Several studies find that while PBEs in many...

• Foreign Trade Review

Arpita Mukherjee‚ Divya Satija‚ Angana Parashar Sarma‚ Soham Sinha‚ Brahma Chauhan and Raj Kumar Shahi, Streamlining Food Imports for Trade Facilitation and Ease of Doing Business in India, Academic Foundation is association with Indian Council for Research on International Economic Relations (ICRIER), 2019, US$99, 130 pp., ISBN: 9789332705159.

• Foreign Trade Review

Decades after the trade liberalisation policy shift, poor performance problem of non-oil export in Nigeria (a net-oil exporting economy) persists. Against this backdrop, and given the lack of analytical depth among Nigerian-specific studies, this study empirically provided answer to the question of whether trade liberalisation policy enhances non-oil export trade in Nigeria. The study adopted an...

• Foreign Trade Review

Dumping, which is a form of price discrimination or differential pricing of different units of the same good sold at different prices in different markets, remains a continuing problem for many countries. The World Trade Organisation (WTO) members resort to the imposition of anti-dumping duties or levies to offset the effects of the dumped products on the domestic industry. This article provides...

• Foreign Trade Review

This study is an appraisal of North–South trade and environmental debate on the context of ‘carbon leakage hypothesis’. This article attempts to quantify the CO2 emissions embodied in the bilateral trade between India and the United Kingdom (hereafter mentioned as the UK) using an input–output model-based analysis for the year 2015. It further proposes a hypothetical situation of no trade between

• Foreign Trade Review

Geopolitical territories have often engaged in one form of trade or another with their neighbours. That is because no nation in the world can survive without one form of trade with other sovereign states. This study examines the nature of trade openness and economic growth in Nigeria from 1970–2011. The emphasis of this empirical study is to ascertain the impact of trade openness on Nigeria’s...

• Foreign Trade Review

The paper analyses some selective aspects of economic crises, namely skilled-sector recession, reversed international migration of labour and decline in foreign capital inflow on the informal sector employment and wage rate in developing economies and seeks to explain the non-monotonic effect on the informal sector both across nations and within nation across sectors. In so doing, we develop...