Trade Policies in South Asia : An Overview, Volume 2. An Overview

During the last decade, South Asia's five largest countries - India, Pakistan, Sri Lanka, Bangladesh and Nepal - have been implementing trade policy reforms, gradually moving their economies away from protectionism toward greater trade opennes...

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Bibliographic Details
Main Author: World Bank
Format: Foreign Trade, FDI, and Capital Flows Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/09/5154913/trade-policies-south-asia-overview-vol-2-3-overview
http://hdl.handle.net/10986/15657
id okr-10986-15657
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURAL TRADE
AGRICULTURE
BILATERAL TRADE
BUDGET DEFICITS
CAPITAL GOODS
COMPARATIVE ADVANTAGE
CONSUMERS
CPI
CUSTOMS
CUSTOMS DUTIES
DEVALUATION
DEVELOPED COUNTRIES
DUMPING
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ECONOMIC PERFORMANCE
ECONOMIC WELFARE
EMPIRICAL RESEARCH
EMPIRICAL STUDIES
EXCHANGE RATE
EXCHANGE RATES
EXPORT GROWTH
EXPORTS
FINANCIAL CRISIS
FISH
FREE TRADE
GDP
IMPORT BARRIERS
IMPORT LICENSING
IMPORT QUOTAS
IMPORT RESTRICTIONS
IMPORT SUBSTITUTION
IMPORTS
INCOME
INFLATION
INFLATION RATES
INTERMEDIATE GOODS
INTERMEDIATE INPUTS
INTRAREGIONAL TRADE
MANUFACTURING
MONOPOLIES
NON-TARIFF BARRIERS
OIL
OPEN ECONOMIES
OVERVALUATION
OVERVALUED EXCHANGE RATES
PER CAPITA INCOME
PRODUCERS
QUOTAS
RAPID INDUSTRIALIZATION
RESOURCE ALLOCATION
TARIFF REDUCTIONS
TARIFF REFORM
TAX RATES
TAX REVENUE
THAILAND
TOURISM
TRADE AGREEMENTS
TRADE DEFICIT
TRADE DEFICITS
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE POLICY REFORM
TRADE POLICY REFORMS
TRADE POLICY REVIEW
TRADE REFORMS
TRADE REGIME
TRADE REGIMES
TRANSACTIONS COSTS
URUGUAY ROUND
VALUE ADDED
WELFARE EFFECTS
WTO
spellingShingle AGRICULTURAL TRADE
AGRICULTURE
BILATERAL TRADE
BUDGET DEFICITS
CAPITAL GOODS
COMPARATIVE ADVANTAGE
CONSUMERS
CPI
CUSTOMS
CUSTOMS DUTIES
DEVALUATION
DEVELOPED COUNTRIES
DUMPING
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ECONOMIC PERFORMANCE
ECONOMIC WELFARE
EMPIRICAL RESEARCH
EMPIRICAL STUDIES
EXCHANGE RATE
EXCHANGE RATES
EXPORT GROWTH
EXPORTS
FINANCIAL CRISIS
FISH
FREE TRADE
GDP
IMPORT BARRIERS
IMPORT LICENSING
IMPORT QUOTAS
IMPORT RESTRICTIONS
IMPORT SUBSTITUTION
IMPORTS
INCOME
INFLATION
INFLATION RATES
INTERMEDIATE GOODS
INTERMEDIATE INPUTS
INTRAREGIONAL TRADE
MANUFACTURING
MONOPOLIES
NON-TARIFF BARRIERS
OIL
OPEN ECONOMIES
OVERVALUATION
OVERVALUED EXCHANGE RATES
PER CAPITA INCOME
PRODUCERS
QUOTAS
RAPID INDUSTRIALIZATION
RESOURCE ALLOCATION
TARIFF REDUCTIONS
TARIFF REFORM
TAX RATES
TAX REVENUE
THAILAND
TOURISM
TRADE AGREEMENTS
TRADE DEFICIT
TRADE DEFICITS
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE POLICY REFORM
TRADE POLICY REFORMS
TRADE POLICY REVIEW
TRADE REFORMS
TRADE REGIME
TRADE REGIMES
TRANSACTIONS COSTS
URUGUAY ROUND
VALUE ADDED
WELFARE EFFECTS
WTO
World Bank
Trade Policies in South Asia : An Overview, Volume 2. An Overview
geographic_facet South Asia
South Asia
description During the last decade, South Asia's five largest countries - India, Pakistan, Sri Lanka, Bangladesh and Nepal - have been implementing trade policy reforms, gradually moving their economies away from protectionism toward greater trade openness and global economic integration. In the late 1980s and early 1990s, the four mainland countries began to follow the liberalizing course on which Sri Lanka had embarked in the late 1970s. Each country faces differing opportunities to exploit and resistances to overcome. Because many of their circumstances and choices are similar, however, this paper seeks to assess their situations collectively as well as separately. Many of its findings are broadly applicable. So, with allowances for historic, economic and social differences, are many of its policy recommendations. The bulk of the report describes key aspects of the current trade regimes in the Jive largest South Asian states and the policies and practices that have produced the systems now in place. It principally focuses on traditional trade policies which affect imports and exports i.e. tariffs, non-tariff barriers, anti-dumping, export policies, and to a limited extent aspects of sanitary and technical regulations that affect trade. All of these are still major issues of concern and debate in South Asia. The report does not attempt to describe where the South Asian countries stand on newer trade policy issues which are prominent in World Trade Organization negotiations, such as trade in services, intellectual property, government procurement and Customs valuation. The report also does not attempt to place the South Asian countries' trade policies in the context of their trade and other aspects of their economic performance. Its purpose is rather to provide up-to-date information about, and interpretations of, the current trade policies it covers, with the idea that this should provide starting points for further applied economic research on useful and relevant topics, as well as points of reference and factual information for discussion and debate. Nevertheless, the report does assess, on theoretical and empirical grounds, the appropriateness of the policies described. Conclusions and suggestions for change are generally summarized at the end of each stocktaking section. This summary, in condensing the work of stocktaking, highlights the key issues that all or most of the countries have addressed and need to pursue further. To reinforce the operational nature of those findings, the summary deals with the recommendations next, as an immediate continuation of the central policy questions. It then reviews trade policies in three key sectors- agriculture, fertilizers, and textiles and clothing.
format Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study
author World Bank
author_facet World Bank
author_sort World Bank
title Trade Policies in South Asia : An Overview, Volume 2. An Overview
title_short Trade Policies in South Asia : An Overview, Volume 2. An Overview
title_full Trade Policies in South Asia : An Overview, Volume 2. An Overview
title_fullStr Trade Policies in South Asia : An Overview, Volume 2. An Overview
title_full_unstemmed Trade Policies in South Asia : An Overview, Volume 2. An Overview
title_sort trade policies in south asia : an overview, volume 2. an overview
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/09/5154913/trade-policies-south-asia-overview-vol-2-3-overview
http://hdl.handle.net/10986/15657
_version_ 1764428746003054592
spelling okr-10986-156572021-04-23T14:03:18Z Trade Policies in South Asia : An Overview, Volume 2. An Overview World Bank AGRICULTURAL TRADE AGRICULTURE BILATERAL TRADE BUDGET DEFICITS CAPITAL GOODS COMPARATIVE ADVANTAGE CONSUMERS CPI CUSTOMS CUSTOMS DUTIES DEVALUATION DEVELOPED COUNTRIES DUMPING ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC WELFARE EMPIRICAL RESEARCH EMPIRICAL STUDIES EXCHANGE RATE EXCHANGE RATES EXPORT GROWTH EXPORTS FINANCIAL CRISIS FISH FREE TRADE GDP IMPORT BARRIERS IMPORT LICENSING IMPORT QUOTAS IMPORT RESTRICTIONS IMPORT SUBSTITUTION IMPORTS INCOME INFLATION INFLATION RATES INTERMEDIATE GOODS INTERMEDIATE INPUTS INTRAREGIONAL TRADE MANUFACTURING MONOPOLIES NON-TARIFF BARRIERS OIL OPEN ECONOMIES OVERVALUATION OVERVALUED EXCHANGE RATES PER CAPITA INCOME PRODUCERS QUOTAS RAPID INDUSTRIALIZATION RESOURCE ALLOCATION TARIFF REDUCTIONS TARIFF REFORM TAX RATES TAX REVENUE THAILAND TOURISM TRADE AGREEMENTS TRADE DEFICIT TRADE DEFICITS TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE POLICY REVIEW TRADE REFORMS TRADE REGIME TRADE REGIMES TRANSACTIONS COSTS URUGUAY ROUND VALUE ADDED WELFARE EFFECTS WTO During the last decade, South Asia's five largest countries - India, Pakistan, Sri Lanka, Bangladesh and Nepal - have been implementing trade policy reforms, gradually moving their economies away from protectionism toward greater trade openness and global economic integration. In the late 1980s and early 1990s, the four mainland countries began to follow the liberalizing course on which Sri Lanka had embarked in the late 1970s. Each country faces differing opportunities to exploit and resistances to overcome. Because many of their circumstances and choices are similar, however, this paper seeks to assess their situations collectively as well as separately. Many of its findings are broadly applicable. So, with allowances for historic, economic and social differences, are many of its policy recommendations. The bulk of the report describes key aspects of the current trade regimes in the Jive largest South Asian states and the policies and practices that have produced the systems now in place. It principally focuses on traditional trade policies which affect imports and exports i.e. tariffs, non-tariff barriers, anti-dumping, export policies, and to a limited extent aspects of sanitary and technical regulations that affect trade. All of these are still major issues of concern and debate in South Asia. The report does not attempt to describe where the South Asian countries stand on newer trade policy issues which are prominent in World Trade Organization negotiations, such as trade in services, intellectual property, government procurement and Customs valuation. The report also does not attempt to place the South Asian countries' trade policies in the context of their trade and other aspects of their economic performance. Its purpose is rather to provide up-to-date information about, and interpretations of, the current trade policies it covers, with the idea that this should provide starting points for further applied economic research on useful and relevant topics, as well as points of reference and factual information for discussion and debate. Nevertheless, the report does assess, on theoretical and empirical grounds, the appropriateness of the policies described. Conclusions and suggestions for change are generally summarized at the end of each stocktaking section. This summary, in condensing the work of stocktaking, highlights the key issues that all or most of the countries have addressed and need to pursue further. To reinforce the operational nature of those findings, the summary deals with the recommendations next, as an immediate continuation of the central policy questions. It then reviews trade policies in three key sectors- agriculture, fertilizers, and textiles and clothing. 2013-09-05T15:41:40Z 2013-09-05T15:41:40Z 2004-09-07 http://documents.worldbank.org/curated/en/2004/09/5154913/trade-policies-south-asia-overview-vol-2-3-overview http://hdl.handle.net/10986/15657 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Economic & Sector Work South Asia South Asia