International Trade and Global Development: Essays in Honour of Jagdish Bhagwati

Fluctuations in the volume and pattern of international trade can have a profound effect on the economies of less developed countries. "International Trade and Global Development" explores the relationship between international trade and global development through a series of essays which relate advances in trade theory to key issues in trade policy. Leading international economists consider what the appropriate policies are for dealing with issues stemming from the new protectionism, the increases in the level of foreign direct investment and the problems of international economic co-ordination. The emphasis is on the increasing interdependence of the global economy. The book is intended to be of interest to lecturers and students of economics, development studies and international relations.