| dc.contributor.author | Bhala, Raj | |
| dc.date.accessioned | 2024-05-24T20:56:59Z | |
| dc.date.available | 2024-05-24T20:56:59Z | |
| dc.date.issued | 2024-05-24 | |
| dc.identifier.isbn | 979-8-9907435-7-1 | |
| dc.identifier.uri | https://hdl.handle.net/1808/35069 | |
| dc.description | This book is Volume Eight of an Eight-Volume set. All of the Volumes are available in KU ScholarWorks.About the Author:Born in Toronto of Indian and Celtic heritage, Rakesh (Raj) Kumar Bhala is a dual Canadian-U.S. citizen prominent in the fields of International Trade Law, Islamic Law (Sharī‘a), and Law and Literature. Raj is the inaugural Leo. S. Brenneisen Distinguished Professor at the University of Kansas School of Law (KU Law). He is published widely world-wide – authoring 100 scholarly articles and 13 books, including the International Trade Law Textbook, which has been used at over 100 law schools around the globe. Ingram’s Business Magazine designated him as one of “50 Kansans You Should Know.”Raj has testified before the U.K. Parliament, House of Commons, International Trade Committee, on trade and human rights. Media frequently call upon Raj. Across 65 consecutive months (from January 2017-October 2022), “On Point” was his column on International Law and Economics, which Bloomberg Quint / BQ Prime (Mumbai) published and distributed to approximately 6.2 million readers globally.Raj is a Harvard Law School (HLS) graduate (Cum Laude). As a Marshall Scholar, Raj earned two Master’s degrees, from the London School of Economics (LSE) in Economics, and from Oxford (Trinity College) in Management (Industrial Relations). His undergraduate degree is from Duke (Summa Cum Laude, Phi Beta Kappa), where he was an Angier B. Duke Scholar and double-majored in Economics and Sociology. After HLS, Raj practiced at the Federal Reserve Bank of New York, where he twice won the President’s Award for Excellence thanks to his service as a delegate to the United Nations Conference on International Trade Law (UNCITRAL), along with a Letter of Commendation from the U.S. Department of State. He is a member of the State Department’s Speaker Program.Raj has served in officer positions at the International Bar Association (IBA) and Inter-Pacific Bar Association (IPBA), on the Executive Board of Directors of the Carriage Club of Kansas City (including as Treasurer), and been on the Alumni Association Board of the University School of Milwaukee (USM), his high school alma mater. He is grateful to his USM teachers for a liberal arts education that made all good things possible. Raj loves fitness training, has finished 115 marathons, including the “Big Five” of the “World’s Majors” (Boston twice, New York twice, Chicago twice, Berlin, and London). He enjoys studying Shakespeare and (especially since becoming Catholic at Easter Vigil 2001) Theology – and watching baseball. | en_US |
| dc.description.abstract | Does participation in cross-border importation, exportation, and direct and portfolio investment enhance human well-being? In particular, does international trade stimulate economic growth and development, and does it alleviate poverty? These hotly debated controversies are the heart of Volume Eight. To engage in this debate, it is necessary to understand Development Economics. That is the subject of Part One. How are “growth,” “development,” and “poverty” defined and measured? Armed with clear answers, this Part describes the classic theoretical models of economic growth, development, and poverty reduction. They include Rostow’s Stages of Economic Growth, and the Fei-Ranis Labor Surplus Model. The potential role of trade in them is highlighted. Equally importantly, this Part also reviews the empirical record of the contribution of trade to growth, development, and poverty across the half-century following the end of the Second War and de-colonization. Thus, the records of countries that pursued export-oriented versus import-substitution policies are contrasted. Part Two spells out and critically analyzes the leading programs in International Trade Law designed to benefit developing and least developed countries: the Generalized System of Preferences (GSP), a GATT-WTO exception to the most-favored nation (MFN) obligation. This Part also highlights one among many national-level, targeted preference schemes, namely, the U.S. African Growth and Opportunity Act (AGOA). Unfortunately, GSP and AGOA have underrealized their full potential to help poor countries. This Part explains why they have not done so. Volume Eight, and thus the eight-Volume set, conclude with a review and evaluation of the trade laws and policies of India. India is the world’s most populous country, the world’s largest democracy, and the world’s most religiously pluralistic country. Its trade regime, characterized by import substitution and protectionism in the decades after the 15 August 1947 British Partition of the Indian Sub-Continent, pivoted in 1991 to openness. But, the pivot is partial: India’s trade liberalization is inchoate, and its free trade agreement (FTA) program is only modestly ambitious. What might the future hold for India and, therefore, the world? Overall, Volume Eight clearly manifests the interdisciplinary nature of International Trade Law through the pressing questions of inequality and injustice in the world trading system. Like the other seven Volumes of International Trade Law: A Comprehensive E-Textbook, this Volume is available Open Access, and thus freely, quickly downloadable. | |
| dc.publisher | Wheat Law Library, University of Kansas | en_US |
| dc.relation.ispartofseries | International Trade Law: A Comprehensive E-Textbook;8 | |
| dc.rights | Copyright © Raj Bhala, 2024, 2025. All Rights Reserved | en_US |
| dc.subject | International law | en_US |
| dc.title | International Trade Law: A Comprehensive E-Textbook, Volume 8 Growth, Development, and Poverty (6th edition) | en_US |
| dc.type | Book | en_US |
| kusw.kuauthor | Bhala, Raj | |
| kusw.kudepartment | Law | en_US |
| dc.identifier.orcid | https://orcid.org/0000-0003-0142-4334 | en_US |
| dc.rights.accessrights | openAccess | en_US |
