Webinar Link

Meeting No: 2518 209 9837
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

S.K. Mohanty

Professor S.K. Mohanty is a faculty member at the Research and Information System for Developing Countries (RIS). His areas of expertise include World Trade Organization (WTO) issues, regional trade arrangements, human development, social sector issues, economic reforms, food security, productivity analysis, and the services sector. He has contributed to various research projects and seminars in these fields.

His research spans trade and investment prospects, infrastructure development, regional value chains, and economic relations between India, China, Africa, and other countries. Dr. Mohanty has contributed extensively to understanding India's economic partnerships, trade liberalization, and South-South cooperation, especially through IBSA (India-Brazil-South Africa). His work, including studies on multilateral trade agreements and regional cooperation, continues to shape academic and policy discussions on global economic strategies.

He has authored and co-authored numerous influential publications, including works on India-China bilateral trade, the Blue Economy, and the economic prospects of the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC). Dr. Mohanty has contributed significantly to discussions on globalization, non-aligned movements, and economic cooperation in South Asia, with a focus on trade liberalization and environmental challenges. His research and expertise have shaped policy discussions on regional infrastructure, fisheries subsidies, and trade facilitation in Asia and Africa.

Sebnem Kalemli-Ozcan

Şebnem Kalemli-Özcan is Schreiber Family Professor of Economics at Brown University and the Director of the Global Linkages Lab. She is a Research Associate at the National Bureau of Economic Research (NBER) and a Research Fellow at the Center for Economic Policy Research (CEPR). Currently, she is the co-editor of American Economic Journal: Macroeconomics. She also serves at the economic advisory panels of the NY Federal Reserve and the Bank of International Settlements.

She was the Duisenberg Fellow at the European Central Bank, held a position as Lead Economist/Adviser for the Middle East and North Africa Region, served as the Houblon-Norman Fellow of Bank of England and also CFR International Affairs Fellow. She was the Senior Policy Advisor and Assistant Director at the International Monetary Fund. She is the first Turkish social scientist who has received the Marie Curie IRG prize in 2008 for her research on European financial integration.

Her research focuses on global trade and financial linkages and economic fluctuations and growth.