The barriers between the voluntary exchange of willing buyers and willing sellers have progressively been reduced through trade liberalisation, competition and better property rights protection. However, the world has done significantly less well in reducing barriers involving competition and property rights. This book analyses how the economic prosperity which was promised has been undermined by these "Anti-Competitive Market Distortions", which damage international trade as well as domestic conditions of competition and, ultimately, GDP per capita.

August 18, 2025: New Book by Shanker Singham on International Trade Released

We are happy to announce that the publisher Routledge has published on August 18, 2025, my new book entitled “International Trade, Regulation and the Global Economy – The Impact of Anti-Competitive Market Distortions”.

The book’s description from the publisher’s website includes the following:

“The barriers between the voluntary exchange of willing buyers and willing sellers have progressively been reduced through trade liberalisation, competition and better property rights protection. However, the world has done significantly less well in reducing barriers involving competition and property rights. This book analyses how the economic prosperity which was promised has been undermined by these “Anti-Competitive Market Distortions (ACMDs)”, which damage international trade as well as domestic conditions of competition and, ultimately, GDP per capita.”

The book also develops modeling for showing the impact of ACMDs and makes the case for using the ACMD approach in the context of the current rapidly changing world trading system.