Trade Policies in South Asia : An Overview, Volume 1. Operational Summary
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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| Format: | Foreign Trade, FDI, and Capital Flows Study |
| Language: | English en_US |
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Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/09/5154863/trade-policies-south-asia-overview-vol-1-3-operational-summary http://hdl.handle.net/10986/14379 |
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okr-10986-14379 |
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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 |
AD VALOREM AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AGRICULTURE AIR CONDITIONERS BARLEY BILATERAL TRADE COMMODITIES COMMODITY CONSUMER PROTECTION CUSTOMS CUSTOMS DUTIES DEVALUATION DEVELOPED COUNTRIES DISTORTED INCENTIVES DOMESTIC PRODUCTS DUMPING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC RESEARCH EMPIRICAL RESEARCH EMPLOYMENT EXCHANGE RATE EXCHANGE RATES EXPORTS FINANCIAL CRISIS FISHERIES FREE TRADE GATT GDP IMPORT BARRIERS IMPORT LICENSING IMPORT POLICIES IMPORT PRICES IMPORT SUBSTITUTION IMPORTS INCOME INCOME TAXES INFLATION INFLATION RATE INFLATION RATES INTERMEDIATE GOODS INTERMEDIATE INPUTS MACROECONOMIC STABILITY MANUFACTURING MONOPOLIES NON-TARIFF BARRIERS OVERVALUATION PER CAPITA INCOME POLICY MAKERS POLITICAL ECONOMY PREFERENTIAL TARIFFS PRODUCERS PRODUCTION COSTS PROTECTIONISM PROTECTIONIST MEASURES QUOTAS REAL EXCHANGE RATES REFRIGERATORS RENT SEEKING RENT SEEKING BEHAVIOR TARIFF REDUCTIONS TARIFF REFORM TAX REVENUE TAX REVENUES TAXATION THAILAND TOURISM TRADE DEFICITS TRADE DIVERSION TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE REFORM TRADE REGIME TRADE REGIMES VALUATION WAGES WTO |
| spellingShingle |
AD VALOREM AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AGRICULTURE AIR CONDITIONERS BARLEY BILATERAL TRADE COMMODITIES COMMODITY CONSUMER PROTECTION CUSTOMS CUSTOMS DUTIES DEVALUATION DEVELOPED COUNTRIES DISTORTED INCENTIVES DOMESTIC PRODUCTS DUMPING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC RESEARCH EMPIRICAL RESEARCH EMPLOYMENT EXCHANGE RATE EXCHANGE RATES EXPORTS FINANCIAL CRISIS FISHERIES FREE TRADE GATT GDP IMPORT BARRIERS IMPORT LICENSING IMPORT POLICIES IMPORT PRICES IMPORT SUBSTITUTION IMPORTS INCOME INCOME TAXES INFLATION INFLATION RATE INFLATION RATES INTERMEDIATE GOODS INTERMEDIATE INPUTS MACROECONOMIC STABILITY MANUFACTURING MONOPOLIES NON-TARIFF BARRIERS OVERVALUATION PER CAPITA INCOME POLICY MAKERS POLITICAL ECONOMY PREFERENTIAL TARIFFS PRODUCERS PRODUCTION COSTS PROTECTIONISM PROTECTIONIST MEASURES QUOTAS REAL EXCHANGE RATES REFRIGERATORS RENT SEEKING RENT SEEKING BEHAVIOR TARIFF REDUCTIONS TARIFF REFORM TAX REVENUE TAX REVENUES TAXATION THAILAND TOURISM TRADE DEFICITS TRADE DIVERSION TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE REFORM TRADE REGIME TRADE REGIMES VALUATION WAGES WTO World Bank Trade Policies in South Asia : An Overview, Volume 1. Operational Summary |
| geographic_facet |
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 1. Operational Summary |
| title_short |
Trade Policies in South Asia : An Overview, Volume 1. Operational Summary |
| title_full |
Trade Policies in South Asia : An Overview, Volume 1. Operational Summary |
| title_fullStr |
Trade Policies in South Asia : An Overview, Volume 1. Operational Summary |
| title_full_unstemmed |
Trade Policies in South Asia : An Overview, Volume 1. Operational Summary |
| title_sort |
trade policies in south asia : an overview, volume 1. operational summary |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/09/5154863/trade-policies-south-asia-overview-vol-1-3-operational-summary http://hdl.handle.net/10986/14379 |
| _version_ |
1764428683127291904 |
| spelling |
okr-10986-143792021-04-23T14:03:18Z Trade Policies in South Asia : An Overview, Volume 1. Operational Summary World Bank AD VALOREM AGRICULTURAL SUBSIDIES AGRICULTURAL TRADE AGRICULTURE AIR CONDITIONERS BARLEY BILATERAL TRADE COMMODITIES COMMODITY CONSUMER PROTECTION CUSTOMS CUSTOMS DUTIES DEVALUATION DEVELOPED COUNTRIES DISTORTED INCENTIVES DOMESTIC PRODUCTS DUMPING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC RESEARCH EMPIRICAL RESEARCH EMPLOYMENT EXCHANGE RATE EXCHANGE RATES EXPORTS FINANCIAL CRISIS FISHERIES FREE TRADE GATT GDP IMPORT BARRIERS IMPORT LICENSING IMPORT POLICIES IMPORT PRICES IMPORT SUBSTITUTION IMPORTS INCOME INCOME TAXES INFLATION INFLATION RATE INFLATION RATES INTERMEDIATE GOODS INTERMEDIATE INPUTS MACROECONOMIC STABILITY MANUFACTURING MONOPOLIES NON-TARIFF BARRIERS OVERVALUATION PER CAPITA INCOME POLICY MAKERS POLITICAL ECONOMY PREFERENTIAL TARIFFS PRODUCERS PRODUCTION COSTS PROTECTIONISM PROTECTIONIST MEASURES QUOTAS REAL EXCHANGE RATES REFRIGERATORS RENT SEEKING RENT SEEKING BEHAVIOR TARIFF REDUCTIONS TARIFF REFORM TAX REVENUE TAX REVENUES TAXATION THAILAND TOURISM TRADE DEFICITS TRADE DIVERSION TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE POLICY REFORM TRADE POLICY REFORMS TRADE REFORM TRADE REGIME TRADE REGIMES VALUATION WAGES 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. 2013-07-03T22:06:43Z 2013-07-03T22:06:43Z 2004-09-07 http://documents.worldbank.org/curated/en/2004/09/5154863/trade-policies-south-asia-overview-vol-1-3-operational-summary http://hdl.handle.net/10986/14379 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 |