This article provides information about the major concerns regarding liberalisation of trade in developing countries: Developmental concerns of the developing countries. It has been assumed by a section of scholars that “trade liberalisation in service can result in increased competition, lower prices, more innovation, technology transfer, employment generation, and greater transparency and predictability in trade… Continue reading Major Concerns Regarding Liberalisation of Trade in Developing Countries
Category: Economics
Interaction between Social Development, Globalisation and Trade Agencies
This article provides information about the interaction between social development, globalisation and trade agencies: The modern world witnessed a series of interrelated socio-political processes and events in the late 1980s and early 1990s. The most important of these have been ever increased global interconnected, introduction of structural adjustment programmes, the phenomenal expansion of information and… Continue reading Interaction between Social Development, Globalisation and Trade Agencies
Notes: Historical Background of WTO
This article provides information about the historical background of WTO: The World Trade Organisation (WTO) has taken concrete shape in 1995 after successful operation of the General Agreements in Tariffs and Trade (GAIT) for around five decades. GATT again, had emerged out of some other experimentation on trade negotiations. Indeed GATT owes its origin to… Continue reading Notes: Historical Background of WTO