In the last ten years, there has been a sea change in trade and related policies in emerging markets. This results from autonomous reforms undertaken in conjunction with macroeconomic stabilization programmes. Many non-tariff measures have been eliminated and tariffs, now the principal trade...

The textiles and clothing sector has been a key driver of export growth in least-developed countries (LDCs) that are on the path of graduation, especially from Asia. Graduation from LDC status would imply loss of LDC trade preferences. This report, a product of inter-agency collaboration,...

This book brings together contributions from the 14 WTO chair-holders of the first phase of the WTO Chairs Programme (2010-2014). The volume is divided into four sections, focusing on export diversification, the role of non-tariff measures, the rule of law in connecting to global markets, and...

Purpose - This study aims to explore the impact of systematic liquidity risk on the averaged cross-sectional equity return of the Indian equity market. It also examines the effects of illiquidity and decomposed illiquidity on the conditional volatility of the equity market....