International Trade, Economic Development and National Welfare : A General Equilibrium Approach book cover
1st Edition

International Trade, Economic Development and National Welfare
A General Equilibrium Approach

  • Available for pre-order on March 10, 2023. Item will ship after March 31, 2023
ISBN 9781032309507
March 31, 2023 Forthcoming by Routledge India
180 Pages 10 B/W Illustrations

FREE Standard Shipping
SAVE $48.00
was $160.00
USD $112.00

Prices & shipping based on shipping country


Book Description

This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasizing the significance of economic development within policymaking, the book covers important issues like provisioning of public goods, its implication in a liberalized regime, crime and corruption, skilled-unskilled wage inequality, income distribution and unemployment, environmental regulation, role of educational capital and informal sector, etc. The volume deals with the impact that different aspects of international trade and investment are likely to have on the above-mentioned areas. The essays, written to honour the memory of Professor Sarbajit Chaudhuri, also examine topics that focus on public policy related to immigration of skilled workforce, political resistance and political compulsions that a democratic government might face in keeping with its commitment of tariff reforms, gender wage gap and issues related to globalization, income distribution and unemployment.


The book will be of invaluable interest to postgraduate students, scholars and researchers of development economics, international economics, labor economics and for those working on theoretical research on applications of general equilibrium trade models in developing countries.

Table of Contents

1. Introduction 2. Optimal Provision of a Restricted Public Good under Lobbying and Income Inequality. Sarbajit Chaudhuri and Sajal Lahiri 3. New Protectionism and Political Economy of Immigration of Skilled Labour. Sarbajit Chaudhuri, Kausik Gupta and Sugata Marjit 4. Discontent and Political Resistance to Tariff Reform. Rajat Acharyya 5. Crime, Efficiency of Labour and Economic Development: A Theoretical Analysis. Manash Ranjan Gupta and Priya Brata Dutta 6. Crime, corruption and Capital: A General equilibrium analysis in presence of political cronyism. SushobhanMahata, Rohan Kanti Khan, Ranjanendra Narayan Nag, Soumyajit Mandal and Salonkara Chaudhuri 7. Asymmetric Adjustment Costs and the Gender Wage Gap with  Fragmentation in a Simple General Equilibrium Model. Hamid Beladi, Avik Chakrabarti and Daniel Hollas 8. Skilled Unskilled Wage Inequality, Unemployment and Tourism Development: A Theoretical Analysis. Priyabrata Dutta and Swaraj Das. 9. Globalization, Pandemic Crisis, Income Distribution and Unemployment: A General Equilibrium Analysis. Ranjanendra Narayan Nag, Damayanti Sau ,Asmita Das, TavishiRupani and Shyani Mukherjee 10. Trade Liberalization and Environmental Regulation in Developing Economy. Dibyendu Banerjee and Purbasha Bhattacharyya 11. Pollution Treaties, Bilateral Carbon Trade and Welfare. Saibal Kar and Sarmistha Banerjee. 12. Inflow of Educational Capital, Intermediation and Informal Sector. Sangita Roy and Biswajit Mandal. 13. Exportable Product Quality and International Fragmentation in a Small Open Economy. Sudeshna Mitra

View More



Kausik Gupta is a Professor of Economics at University of Calcutta, Kolkata, India. He was also the former Vice-Chancellor of West Bengal State University, Barasat, West Bengal, India. He did his PhD in Economics from Jadavpur University, Kolkata, India and his Post-Doctoral Research as a World Bank Fellow from University of York, UK. Professor Gupta was one of the closest friends of Professor Sarbajit Chaudhuri since their Masters Level when they were classmates, did their PhD under the same supervisor, Professor Manash Ranjan Gupta, and had similarities in their research interest like Trade and Development, Labour Economics, Environmental Economics etc. Professor Gupta also published a large number research papers in reputed international and national journals and has supervised a large number of PhD students. Professor Gupta’s current research interest is in the field of theoretical modelling related to trade and development.


Jayanta Kumar Dwibedi is an Associate Professor of Economics at Brahmananda Keshab Chandra College, Kolkata, India. He did his Ph.D. from the University of Calcutta, India, in 2008, working under the supervision of Professor Sarbajit Chaudhuri. With his specialization in Trade and Development and Labour Economics, Dwibedi has published a number of research articles in many renowned international and national journals such as The Manchester School, International Journal of Economic Theory,  International Review of Economics and Finance, , Bulletin of EconomicResearch, Research in Economics, Review of Development Economics and Economic and Political Weekly. His current research interests include development economics, labour economics and issues related to Public Finance and Public Policy.