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This book’s lasting achievements may lie not in highlighting the trade theories and their real-world complexities. Instead, the authors have used required analytical tools and techniques to explore many policy objectives. It takes many of the themes and then turns them into a strong narrative and powerful argument. The students of economics and management programmes cannot escape such empirical insights.
This comprehensive volume fills a much-needed space in the field of trade analytics. The focus on analysis that is rooted in the underlying trade institutions enables the reader to better understand the realities of global trade while picking up the fine nuances of analytics. It is a much-needed volume for both advanced students and practitioners.
This book is a timely contribution to the trade literature where, increasingly, quantitative analysis has become important. This book exposes the reader to modelling tools and techniques, and applies them to different sectoral and geographic contexts as well as a range of topical issues such as free trade agreements (FTAs), non-tariff measures (NTMs), global value chains and trade facilitation. It promises to be a valuable resource for trade researchers, students, policymakers and industry.
This is an excellent initiative to put together the critical dimensions of international trade that serious students of the subject need to know. The hallmark of the volume is the creative way in which conceptual issues have been connected with the analytical tools generally used by the researchers in this area. I am glad that Professors Nag and Chakraborty have encapsulated their years of teaching and research experience in this volume.
It is a much-awaited comprehensive and theoretically backed empirical treatment of all the emerging issues in trade, making it an essential read for all those engaged in research, policymaking and teaching/training on trade-related issues.
This most comprehensive volume enables the readers to understand the quantitative analysis of international trade issues in an economy-wide framework. It is most contemporary and covers critical issues such as the impact of exchange rate movements, non-tariff barriers and trade facilitation measures. It is highly recommended for all graduates and research students.
While the implications of international trade received renewed interests around the world, the chapters of this book are crafted to deal with the emerging issues and to highlight the findings and opportunities based on the detailed information, scientific methodology, in-depth analysis and anecdotal evidence that would definitely satisfy the wide-ranging interests of students, scholars, academics and policymakers concerned for the Indian economy and development.
The current volume comprehensively covers all the major empirical methodologies that can be applied for evaluating trade policy outcomes. The book would be a crucial resource for teaching community, academic researchers, trade analytics professionals and policymakers alike.
Nag and Chakraborty had a difficult job of presenting a set of trade-related issues that are rich in policy content, while maintaining their analytical rigour. They performed this task carefully, cohesively and competently. With a focus on foreign trade in India, they have covered issues as diverse as trade indicators, trade diversification, trade facilitation, services trade and long-term trade policy modelling. In this day and age of deglobalization, the book is a must read for students, teachers and policymakers who have interest in international trade.
The book is a much-desired combination of theory and empirics in the context of India’s trade. The traditional textbooks most often deal with theoretical concepts which are not always supported by data and empirical analysis. This is more felt while one tries to relate existing theories with the performance of India’s international trade.
The volume India’s Trade Analytics: Patterns and Opportunities is an extraordinary toolkit where the crucial difference with other volumes lies in the context in which the various key methodologies are laid out. The context is unmistakably Indian, but the same methodologies can be easily applied elsewhere with different datasets. It closes the gap between researchers and those involved in the actual business of international trade by enabling the latter to test opinions and/or forecast for themselves what was earlier sought from think tanks.
This book adequately emphasizes various data analytic tools for analysing pertinent research questions in international trade, with emphasis on the Indian context. It would be extremely helpful to students working on the themes of empirical trade.
During the last several years, with the increased availability of detailed data from varied sources, research in the area of international trade has tended to become predominantly empirical in nature. In this context, this book is timely and unique. Using Indian data, it provides a hands-on experience that allows students, business analysts and policymakers to actively participate in the emerging field of trade analytics.