Environmentally Sensitive Goods in India’s Trade: Emerging Challenges and Prospects

S. K. Mohanty ()
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S. K. Mohanty: Research and Information System for Developing Countries

Chapter 4 in Globalization and Standards, 2014, pp 61-100 from Springer

Abstract: Abstract In the sphere of global trade, insistence upon compliance to environment-related standards has emerged as new forms of nontariff barriers for goods being exported from developing countries to markets in the developed economies. While the exports from developing countries, including India, typically include a large share of products from the traditional sector, by classifying most of these as environmentally sensitive goods (ESGs) their market access is severely curtailed. Through a detailed analysis, this chapter has pointed to the discriminatory strategies pursued by developed countries. These, for instance, include rendering the transfer of environmentally sensitive technology to developing countries expensive or refusing to harmonise standards in the developed countries. The chapter discusses the alternative of a new list of ESGs that promises to be inclusive and responsive to production conditions as prevailing in developing economies, as India.

Keywords: Environmentally sensitive goods; Nontariff barrier; Pollution haven; Harmonisation; Environmental regulation; Multilateral trade (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-81-322-1994-1_4

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