Webinar Link

Meeting No: 2518 832 2726
Password: tariff

Certificate of Participants

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Abstract

Tariff walls are trade barriers that countries implement to protect domestic industries by increasing the cost of imported goods. In India, such measures have historically aimed to foster self-reliance and stimulate local manufacturing. However, these tariffs can lead to inefficiencies, higher consumer prices, and strained international relations. In recent developments, the U.S. administration's proposal for reciprocal tariffs has raised concerns about potential annual losses of up to $7 billion for Indian exporters. This situation underscores the need for India to reassess its tariff policies to balance domestic industry protection with the benefits of global trade integration. In the webinar the panel shall discuss the challenges for India in the current global scenario

About the Speakers

H.A.C. Prasad

Dr H A C Prasad served as Senior Economic Adviser ( Additional Secretary Rank) in the Ministry of Finance, Govt. of India for around 13 years and Economic Adviser ( Joint Secretary Rank ) in the Ministry of Commerce & Industry for around 6 years. In the last 3 to 4 years, he prepared three major reports related to India’s International Trade for India Exim Bank as Consultant. He has also served under various capacities like Professor, Indian Institute of Foreign Trade (IIFT), Research Head and Deputy General Manager, India Exim Bank and Consultant, UNCTAD. He was also closely associated with the activities of some Trade & Industry Associations.

Marc-Andreas Muendler

Marc-Andreas Muendler is a Professor in the Economics Department at the University of California, San Diego, a Research Professor at ifo Institute in Munich, a Guest Professor at the University of St. Gallen, and a Research Associate at the National Bureau of Economic Research. He has published in leading economic journals on the origins of globalization and its consequences for local industries and labor markets, firm dynamics and entrepreneurship, and information economics. He has worked as a consultant to the World Trade Organization, the World Bank and private businesses, and as a consulting researcher for the Brazilian census bureau and labor ministry, the German central bank and the Federal Reserve Bank of New York. He received his Ph.D. in economics from the University of California, Berkeley in 2002. Marc Muendler founded and directs the Globalization and Prosperity lab (GP-lab) at UC San Diego. Muendler's current research revolves around local impacts of global markets.

Biswajit Nag

Dr. Biswajit Nag is a Professor of Economics at the Indian Institute of Foreign Trade (IIFT), New Delhi. Involved in empirical economic research for close to two decades he also has teaching experience in India, and abroad. Earlier, he served the Poverty and Development Division of UN-ESCAP, Bangkok. Dr. Nag has completed number of projects for Government of India and international agencies such as UN, World Bank, Asian Development Bank, WTO, DFID etc. Dr. Nag’s current research interest is International Production Network, Global Value Chain, Trade in Services, Regional Trade Agreements, Trade and Development etc. He has also expertise in developing sector based strategies in accessing international market and analysis of consumer behavior. He has published articles in number of international journals and also served as anonymous referee to several reputed journals. Dr. Nag is currently working on Trade and Technology with a focus on firm’s ability to absorb new technology and accelerate its involvement in International Trade. He is also conducting research on technology integration and employment in Indian exportable sector.