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Pravin Krishna on the Political Economy of Multilateral and Preferential Trade Agreements, Trade Liberalization, and the Future of Global Trade

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Manage episode 453928498 series 2774155
Content provided by Shruti Rajagopalan and Mercatus Center at George Mason University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shruti Rajagopalan and Mercatus Center at George Mason University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Today my guest is Pravin Krishna is the Chung Ju Yung Distinguished Professor of International Economics and Business at Johns Hopkins University, at the School of Advanced International Studies (SAIS) and Department of Economics. We talked about history of preferential trade agreements, India’s approach to trade liberalization, whether such agreements are trade creating or diverting, and much more.

Recorded November 12th, 2024.

Read a full transcript enhanced with helpful links.

Connect with Ideas of India

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Timestamps

(00:00:00) - Intro

(00:00:59) - Essential Components of the Postwar Multilateral Trade System

(00:04:38) - India’s Role in the GATT and the Special Status of Developing Countries

(00:06:31) - India in the Global Trade System After 1991

(00:09:10) - The Decline of the WTO and New Trade Dynamics

(00:17:45) - Understanding the Small Percentages of Preferential Trade

(00:20:19) - Indian Trade Liberalization and Alliances from 2010–2020

(00:26:18) - Viner: Trade Creation and Trade Diversion

(00:33:35) - More Optimistic View of Equilibrium

(00:38:46) - Foreign Lobbies in Domestic Markets

(00:49:3) - Just pick a number

(00:55:21) - The Impact of Trade Liberalization

(01:04:05) - Labor Elasticity in Relation to Trade Openness

(01:11:17) - Predicting the Near Future Impact of U.S. Trade Tariffs

(01:19:52) - How the New Administration’s Plans Might Impact India

(01:25:58) - Future Trade Relations Between India and China

(01:30:52) - Outro

  continue reading

127 episoade

Artwork
iconDistribuie
 
Manage episode 453928498 series 2774155
Content provided by Shruti Rajagopalan and Mercatus Center at George Mason University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shruti Rajagopalan and Mercatus Center at George Mason University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Today my guest is Pravin Krishna is the Chung Ju Yung Distinguished Professor of International Economics and Business at Johns Hopkins University, at the School of Advanced International Studies (SAIS) and Department of Economics. We talked about history of preferential trade agreements, India’s approach to trade liberalization, whether such agreements are trade creating or diverting, and much more.

Recorded November 12th, 2024.

Read a full transcript enhanced with helpful links.

Connect with Ideas of India

Follow us on X

Follow Shruti on X

Follow Pravin on X

Click here for the latest Ideas of India episodes sent straight to your inbox.

Timestamps

(00:00:00) - Intro

(00:00:59) - Essential Components of the Postwar Multilateral Trade System

(00:04:38) - India’s Role in the GATT and the Special Status of Developing Countries

(00:06:31) - India in the Global Trade System After 1991

(00:09:10) - The Decline of the WTO and New Trade Dynamics

(00:17:45) - Understanding the Small Percentages of Preferential Trade

(00:20:19) - Indian Trade Liberalization and Alliances from 2010–2020

(00:26:18) - Viner: Trade Creation and Trade Diversion

(00:33:35) - More Optimistic View of Equilibrium

(00:38:46) - Foreign Lobbies in Domestic Markets

(00:49:3) - Just pick a number

(00:55:21) - The Impact of Trade Liberalization

(01:04:05) - Labor Elasticity in Relation to Trade Openness

(01:11:17) - Predicting the Near Future Impact of U.S. Trade Tariffs

(01:19:52) - How the New Administration’s Plans Might Impact India

(01:25:58) - Future Trade Relations Between India and China

(01:30:52) - Outro

  continue reading

127 episoade

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