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

In: Globalization and Standards

Author

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  • S. K. Mohanty

    (Research and Information System for Developing Countries)

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.

Suggested Citation

  • S. K. Mohanty, 2014. "Environmentally Sensitive Goods in India’s Trade: Emerging Challenges and Prospects," India Studies in Business and Economics, in: Keshab Das (ed.), Globalization and Standards, edition 127, chapter 4, pages 61-100, Springer.
    • Handle: RePEc:spr:isbchp:978-81-322-1994-1_4
    DOI: 10.1007/978-81-322-1994-1_4
    as

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