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GTS-P09
PGDM 2009-11: Term-V

GLOBAL TRADING SYSTEM
Course Instructor :Prof.S.P.Das

The differences between the trading environment Pre-GATT and today’s system is an essential precursor to evaluating the later. The GATT and now the WTO provide not only a set of multilateral rules and disciplines but also a forum to negotiate tariff reductions and rules changes, plus a legal mechanism to settle trade disputes that is recognized as an integral part of the world’s body of international law. The WTO has added three other contributions to those of the earlier GATT to monitor and report on trade and related policy developments on a regular basis, thereby adding to policy transparency to facilitate the fuller integration of developing and transition economies into the global trading system and to improve cohesion between the WTO and other international economic agencies such as the World Bank and International Monetary Fund.

OBJECTIVE:

There is thus a need for more accessible information, knowledge and understanding of what the global trading system is about, how it evolved, how it works, why the world needs it and what more it can should or should not try to do to make the world a single integrated economic unit. Keeping the above in mind, a sincere effort is being made in this course to acquaint the students of management the need, relevance, operational details as well as the grievance settlement procedure coming out of the Global Trading mechanisms along with the scope for future considerations.

CONTENTS:

Ø From GATT to WTO – A Global Trade Perspective
Ø Agreement on the Application of Sanitary and Phytosanitary Measures
Ø Agreement on Subsidies and Countervailing Measures
Ø Agreement on Anti Dumping Measures
Ø Trade Related Aspects of Intellectual Property Rights
Ø Agreement on Trade-Related Investment Measures
Ø Agreement on Technical Barriers to Trade (TBT)
Ø Agreement on Safeguards
Ø Agreement on Textiles and Clothing
Ø General Agreement on Trade in Services
Ø Agreement on Agriculture
Ø Regional Trading Arrangements


SUGGESTED READINGS:

In Defense of Globalization Jagadish Bhagawati

The Global Trading Systems, Vol. I, II, III, IV Edited by Kyon Anderson & Bernard
DOHA Development Agenda Edited by T.K.Bhaumik

Salvaging the WTO’s Future – Edited by Amit Dasgupta &
DOHA & Beyond Bibek Debroy

International Economics Robert J.Carbaugh

WTO Text & Cases Palle Krishna Rao

Agricultural Trade & WTO Edited by Merlinda D. Ingio


EVALUATION:

Quizzes - 20%

Assignment - 20%

Mid Term - 30%

End Term - 30%




All the Best
Created By: Debasis Mohanty on 08/18/2010 at 08:42 AM
Category: PGDM-II Doctype: Document

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