SocioEconomic Challenges (SEC)
Permanent URI for this collectionhttps://devessuir.sumdu.edu.ua/handle/123456789/61497
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Item Recent Regionalism in UK and USA: A Legal and Economic Analysis(Sumy State University, 2017) Narayanan, B.G.; Jaswal, I.; Sharma, L.While there have been a lot of analysis currently being conducted to analyze the recent trends across the world towards a new era of protectionism, many of them are either in the realm of law or economics; there is a dearth of studies analyzing them from a combined legal and economic perspective. Our paper is a unique attempt in this regard. We show from both legal and economic perspectives, that the new regionalist policy initiatives in UK and USA potentially have more negative effects than positive effects for the entire world in the future.Item International trade policies and sustainability of nano-textiles(Sumy State University, 2017) Narayanan, B.G.; Kadasala, N.R.; Achari, N.L.V.; Sahoo, S.While a considerable part of developments in the field of industrial and technical textiles involves nanomaterials, there are increasing challenges faced across the world in their acceptability and sustainability. Their potential adverse impact has been documented in the scientific literature. European Commission and USEPA (United States Environmental Protection Agency) have already come up with regulations that govern these materials. In future, therefore, we can expect trade sanctions by these countries on exports of nano-textiles from countries like India. In this paper, we shall discuss the technical literature that points towards potential hazards of nano-textiles and the policy aspects currently in place. Further, we employ a widely used global economic (Computable General Equilibrium) model (GTAP – Global Trade Analysis Project) to evaluate the economic and business impact of such sanctions quantitatively, in a stochastic and comparative setting.