ePublications@bond

Global Textiles and Clothing Trade - Trade Policy Perspectives

Umair H. Ghori Dr — Mon, 14 May 2012 16:54:04 PDT

The author presents substantial case studies of the effect of the abolition of quotas on global trade in this sector. Concentrating mainly on China and Pakistan but also examining India, Indonesia, Vietnam, and seven other Asian T&C manufacturing countries, he contrasts post-abolition reality with pre-abolition predictions of the impact of abolishing quotas, and details the continuing distortion caused by tariffs, non-tariff barriers and through trade remedies such as safeguards and anti-dumping. All of the analysis is supported by the judicious use and interpretation of extensive statistics, compelling arguments, and interviews with entrepreneurs and trade officials in Pakistan (as a case study of a country predicted to be a major beneficiary of quota expiry). Among the many crucial issues at the heart of the subject matter the author considers the following: ; - the centrality of the quota system in the historical development of Asian T&C trade; - the impact of rules of origin; - preferential trade regimes; - impact on outward production processing operations; - role of large retailers and their influence on trade flows; - human rights, employment, and social issues; and - opening or restricting domestic markets of developed countries to imports from developing countries. This area of international trade is expected to undergo numerous changes as countries adapt themselves to freer trading in T&C. For its incisive analysis of developing countries’ perspective – and for its extensive statistical and case-study supplement to theoretical analyses – this study of current developments and future directions is of strong interest to trade law experts, industry representatives, trade policy makers, scholars of trade policy, and everyone with a specific interest in textiles and clothing trade

Winner or Loser? A post-quota case study of Pakistan's Textiles and Clothing Exports

Umair H. Ghori Dr — Mon, 14 May 2012 16:48:46 PDT

Textiles and Clothing (T&C) is a critically important sector of international trade for developing countries and least developed countries (LDCs). The T&C sector engages abundant labour resources and requires low investment threshold. The T&C sector has been a contentious area in multilateral trade negotiations. With the expiration of quotas in 2005, many T&C dependent countries are experiencing considerable adjustment challenges. Pakistan is one such country that is extensively reliant on T&C industries. This research note presents a brief case study which looks at post-quota developments in Pakistan’s T&C trade and the trade and economic policy issues it raises.

Anticipating the Future Use of Safeguards by EU and US on China’s Textiles & Clothing Exports

Umair H. Ghori Dr — Mon, 14 May 2012 16:43:40 PDT

Textiles and clothing (T&C) trade after lapse of quotas in 2005 has revealed China’s overwhelming comparative advantage in the manufacture and export of T&C products. China’s advantage in this sector attracted the use of trade remedies by WTO members under WTO laws, often in a manner contrary to WTO norms. China has also been subjected to origin-specific safeguard regimes. The EU and the US have been leading users of safeguards against China’s T&C exports. The use of safeguards by the EU and the US raises a number of questions that impact on the future use of trade remedies by other countries. The use of safeguards also poses challenges for the multilateral trading system. This paper analyses the use of safeguards against China’s T&C exports with a view to anticipating the future use of safeguards in the quota-free trading environment for T&C.

A Comparative Analysis of Decision Trees Vis-à-vis Other Computational Data Mining Techniques in Automotive Insurance Fraud Detection

Adrian Gepp et al. — Sat, 12 May 2012 01:31:25 PDT

Business Failure Prediction Using Statistical Techniques: A Review

Adrian Gepp et al. — Sat, 12 May 2012 01:25:38 PDT

Personal Services Income: where to from here?

Tom Delany — Wed, 09 May 2012 20:20:27 PDT

In Australia, the regime for the taxation of Personal Services Income (PSI) has suffered from being complex, unclear and uncertain, leading to poor compliance with the rules. Personal services income is defined as a reward for, or the result of, one’s personal efforts. Prior to the introduction of the regime, the tax system was plagued with a major inequity: it was possible for individuals to reduce their tax liability by alienating their PSI to an associated company (or other legal entity) and by claiming inappropriate ‘business’ deductions. This article reviews the current interpretation of the PSI rules, evaluates the Board of Taxation and the Henry Review findings and suggests an approach that reduces the potential application of Part IVA.