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WTO and Indian Economic Reforms

 
Talwar Sabanna (Author)
Synopsis

The Multilateral Trading System, which the WTO administers, represents a balance of concessions which, if implemented in letter and spirit, could bring about orderliness, transparency and predictability in global trade. The principle of most-favoured nation treatment of all Member countries by each country, more free trade through reduction of tariffs and progressive removal of Non-Tariff barriers, elimination of trade distorting measures, including subsidies, systems of rules to serve as guidelines for national legislation to bring about uniformity in laws and regulations everywhere and simplification of border measures are some of the gains of the system. A very substantial issue for developing countries is the cost of implementing an enforcement system for IPRs. Despite the fact that most WTO Members have now adopted legislation implementing the minimum standards required by the WTO, levels of piracy and counterfeiting continue to increase every year. This is a concern not only because of the financial losses to the IPR holders but also because pirated and counterfeit goods can have a serious impact of health and consumer protection. A significant factor in developing countries' failing to enforce IPRs is the lack of capacity to do so. The costs of establishing a fully functioning system from the ground up can be very high, specially for poor countries with limited resources.

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About the author

Talwar Sabanna

Dr. Talwar Sabanna, Faculty Department of Studies and Research in Economics, Karnatak University KRC P.G. Centre, Belgaum obtained his M.A. (First Rank and Gold Medal), M.Phil and Ph.D. degrees from Gulbarga University, Gulbarga. His area of interest are Gender Issues, Agriculture and Environment. His research papers have appeared in various journals and edited books. He is guiding M.Phil and Ph.D. students and completed one minor project. He is currently undertaking UGC sponsored and Department of Women and Development sponsored Major Research Projects.

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Bibliographic information

Title WTO and Indian Economic Reforms
Format Hardcover
Date published: 27.03.2008
Edition 1st ed.
Language: English
isbn 8183871495
length