This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasizing the significance of economic development within policymaking, the book covers important issues like provisioning of public goods, its implication in a liberalized regime, crime and corruption etc.

Kausik Gupta is Professor of Economics at the University of Calcutta, Kolkata, India. He was also former Vice-Chancellor of West Bengal State University, Barasat, West Bengal, India. He did his PhD in Economics from Jadavpur University, Kolkata, India, and his Post-Doctoral Research as a World Bank Fellow from the University of York, UK. Professor Gupta was one of the closest friends of Professor Sarbajit Chaudhuri since their Master's Level when they were classmates, did their PhD under the same supervisor, Professor Manash Ranjan Gupta, and had similarities in their research interests like Trade and Development, Labour Economics and Environmental Economics. Professor Gupta also published a large number of research papers in reputed international and national journals and has supervised a large number of PhD students. Professor Gupta's current research interest is in the field of theoretical modelling related to trade and development.

Jayanta Kumar Dwibedi is Associate Professor of Economics at Brahmananda Keshab Chandra College, Kolkata, India. He did his PhD from the University of Calcutta, India, in 2008, working under the supervision of Professor Sarbajit Chaudhuri. With his specialisation in Trade and Development and Labour Economics, Dwibedi has published a number of research articles in many renowned international and national journals such as The Manchester School, International Journal of Economic Theory, International Review of Economics and Finance, Bulletin of Economic Research, Research in Economics, Review of Development Economics and Economic and Political Weekly. His current research interests include Development Economics, Labour Economics and issues related to Public Finance and Public Policy.

1. Introduction 2. Optimal Provision of a Restricted Public Good under Lobbying and Income Inequality. Sarbajit Chaudhuri and Sajal Lahiri 3. New Protectionism and Political Economy of Immigration of Skilled Labour. Sarbajit Chaudhuri, Kausik Gupta and Sugata Marjit 4. Discontent and Political Resistance to Tariff Reform. Rajat Acharyya 5. Crime, Efficiency of Labour and Economic Development: A Theoretical Analysis. Manash Ranjan Gupta and Priya Brata Dutta 6. Crime, corruption and Capital: A General equilibrium analysis in presence of political cronyism. SushobhanMahata, Rohan Kanti Khan, Ranjanendra Narayan Nag, Soumyajit Mandal and Salonkara Chaudhuri 7. Asymmetric Adjustment Costs and the Gender Wage Gap with Fragmentation in a Simple General Equilibrium Model. Hamid Beladi, Avik Chakrabarti and Daniel Hollas 8. Skilled Unskilled Wage Inequality, Unemployment and Tourism Development: A Theoretical Analysis. Priyabrata Dutta and Swaraj Das. 9. Globalization, Pandemic Crisis, Income Distribution and Unemployment: A General Equilibrium Analysis. Ranjanendra Narayan Nag, Damayanti Sau ,Asmita Das, TavishiRupani and Shyani Mukherjee 10. Trade Liberalization and Environmental Regulation in Developing Economy. Dibyendu Banerjee and Purbasha Bhattacharyya 11. Pollution Treaties, Bilateral Carbon Trade and Welfare. Saibal Kar and Sarmistha Banerjee. 12. Inflow of Educational Capital, Intermediation and Informal Sector. Sangita Roy and Biswajit Mandal. 13. Exportable Product Quality and International Fragmentation in a Small Open Economy. Sudeshna Mitra