The potential impact of China - India free trade agreement on Chinese and Indian industries

Archana, Vani

doi:10.1080/17538963.2019.1646953

Cited by 4 publications

(1 citation statement)

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“…A study shows that in a scenario where China and India completely open up their markets, there could be huge potential to create an impact on trade and welfare in speciﬁc areas where they enjoy a comparative advantage. 9 The international community also recognizes the potential health implication of WTO FTAs and are trying to improve access to cheap and standard treatment of many drugs, including HIV/AIDS. The present study tries to find whether tariff elimination under FTAs would increase India’s trade and welfare, especially in the pharma sector in India.…”

Section: Trade Openness and Health Care In Indiamentioning

confidence: 99%

Does Trade Liberalization Improve Public Health? The Effect of Free Trade Agreements and Multilateralism in Pharmaceutical Sector in India

Archana

2020

Int J Health Serv

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Despite several economic reforms in India post-1991, millions of Indian households do not have access to drugs because they lack purchasing power or public health facilities. The present article critically examines the potential public health implication of trade liberalization to facilitate access to a variety of good quality drugs at affordable costs. Using the partial equilibrium model, the article suggests that multilateralism and free trade agreements (FTAs) both have a positive impact on welfare gains, consumer surplus, and trade volume in pharmaceutical industries in India. However, the study found that multilateralism is clearly associated with improved human welfare, particularly health. Multilateral trade liberalization should, therefore, be viewed in terms of its wider socioeconomic impact, rather than through the narrow lens of country-specific FTAs.

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Section: Trade Openness and Health Care In Indiamentioning

confidence: 99%