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China is now the world's fourth largest economy and growing very fast. India's economic salience is also on the rise. Together these two countries will profoundly influence the pace and nature of global economic change. Drawing upon the latest research, this volume analyzes the influences on the rapid future development of these two countries and examines how their growth is likely to impinge upon other countries. It considers international trade, industrialization, foreign investment and capital flows, and the implications of their broadening environmental footprints. It also discusses how th

Poverty reduction is deemed to be a centrepiece of the Doha Development Agenda (DDA) currently being negotiated under the auspices of the World Trade Organization (WTO). Yet there is considerable debate about the poverty impacts of such an agreement. Some are convinced it will increase poverty, while others are equally convinced that it will lead to poverty reduction. This book brings together the best scientific methods to bear on this question, taking into account the specific characteristics embodied in the DDA. Since the trade/poverty field is relatively new, a variety of different methods are utilized to be most appropriate for the varied countries featured. It consistently considers a range of complementary policies that might enhance the poverty outcome of the DDA, permitting poor households to take better advantage of new opportunities that might arise from such multilateral trade reforms. In addition, a fifteen country study, coupled with the global analysis, allows the authors to draw more general conclusions about the poverty impacts of a prospective DDA.