Innocent Bystanders: Implications of an EU-India Free Trade Agreement for Excluded Countries

Innocent Bystanders: Implications of an EU-India Free Trade Agreement for Excluded Countries

By: Anirudh Shingal (author), Javier Lopez Gonzalez (author), L. Alan Winters (author), Maximiliano Mendez Parra (author), Jim Rollo (author), Michael Gasiorek (author), Peter Holmes (author)Paperback

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The European Union, under its 'Global Europe' initiative, has since 2006 been pursuing trade agreements with its major global trading partners. An EU-India Free Trade Agreement is currently under negotiation; if successfully concluded it is likely to have knock-on effects on other countries' trade with both India and the EU, the trade of the 'innocent bystanders' excluded from the agreement. The authors consider the implications of the EU-India Free Trade Agreement for various groups of other countries, including the ACP countries and those in South Asia, the latter group being most strongly impacted. The analysis considers not only trade in goods but also trade in services, and focuses not only on quantities but also on the prices at which trade is conducted. The authors then consider how excluded countries might respond to the Free Trade Agreement, both at an individual level and at a systemic level.

About Author

L Alan Winters is professor of economics at the University of Sussex, UK, and was in 2008 appointed chief economist at the UK's Department for International Development.


Preface Summary List of tables and figures List of abbreviations Introduction and summary Part I. Background 1. The effects of preferential trading arrangements (PTA) on excluded countries: Welfare not quantities The price effects of a PTA Many markets References 2. EU Trade Agreements: What can we expect an EU-India Agreement to cover? A brief history 'Global Europe' EU-India FTA Government procurement Investment Trade facilitation Standards Services The prospects for agreements on elements of deep integration References 3. The effects of a potential EU-India FTA on the EU and India Introduction Shallow integration Deep integration General equilibrium modelling results Conclusion References Part II. Excluded Countries and the Markets for Goods 1. Trade similarity 2. Trade diversion and trade re-orientation: Aggregate analysis EU preferences India preferences 3. Trade diversion and trade re-orientation: Sectoral analysis EU preferences India preferences 4. Terms of trade effects Terms of trade effects in the EU market Terms of trade effects in the Indian market Trade competitiveness pressure index Part II. References Part III. Services 1. The importance of services in a potential EU-India FTA 2. Barriers to services trade between EU and India, and areas of interest in a possible FTA 3. The coverage of services in FTA 4. The welfare effects of preferential services liberalisation 5. Specific case studies from EU-India 6. The role of investment 7. Conclusion Part III. References Part IV. Policy responses 1. Individual excluded countries 2. Multilateral responses Part IV. References Index

Product Details

  • ISBN13: 9780850928952
  • Format: Paperback
  • Number Of Pages: 122
  • ID: 9780850928952
  • ISBN10: 0850928958

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