The Case for Relaxed Reciprocity in Freeing Trade
"I know of no other volume that examines this important topic in such a careful and scholarly manner. The work is extremely original and the analysis is very rigorous."--K. C. Fung, Professor, Department of Economics, University of California, Santa Cruz "This is a path-breaking work on the common practice of freeing trade unilaterally. Bhagwati and his team comprehensively analyze the relative merits of unilateralism and reciprocity. All future studies of either issue will have to start from where this work leaves it. Bhagwati, who has been the original source of most important developments in the theory of commercial policy, has once again produced a seminal and definitive work."--T. N. Srinivasan, Samuel Park Jr. Professor of Economics, Yale University "This volume, which collects papers on the role and experiences of unilateral tariff reductions in the multilateral trading system, provides an extremely informative account of the history and the more recent country and industry experiences. Bhagwati is one of the world's most eloquent and knowledgeable experts on trade."--Henrik Horn, Professor, Institute for International Economic Studies, Stockholm University
Jagdish N. Bhagwati is University Professor of Economics, Law, and International Relations at Columbia University and former Adviser to the Director General of GATT, Arthur Dunkel. He is the author (with Arvind Panagariya) of Why Growth Matters: How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries.