International trade produces income gains, but increased trade exposure also creates some challenges that require complementary policies to maximise the benefits of trade. This paper looks at how Australia has dealt with these issues in recent years.
Trade policy reforms have a role to play in reducing large current account imbalances, this paper finds. A multilateral and co-ordinated approach to reducing imbalances, involving macroeconomic, exchange rate and structural reforms, is essential for achieving maximum benefits for all countries.<
The most open sectors of the Chilean economy show higher wages relative to the other sectors, according to this analysis of the relationship between wages and levels of trade and foreign direct investment (FDI) openness in twenty-nine sectors in Chile.
Greater trade openness does not necessarily have an adverse effect on employment, and labour market mobility and flexibility can help countries gain from globalisation, according to this comparison of Denmark and Spain.
Physical and human capital (especially second- and third-level education), financial development and some aspects of labour market institutions are important policy and institutional areas that determine comparative advantage today, according to this paper.
Tariffs, government policies and availability of credit and electricity are among the factors that restrict the trade expansion of developing countries. This report identifies and quantifies these constraints, and includes case studies of Azerbaijan and Uganda.
Ce rapport examine les interventions sur le marché prises dans dix grandes économies émergentes face à la hausse des cours internationaux des produits de base en 2006-08 ; les répercussions de ces mesures ; leur efficacité au regard des résultats visés et les conclusions pour l’action publique.
Momentum for intellectual property (IP) reform in China is related to economic potential there, involving privatization policies, trade and FDI policies, and the government's role in innovation strategy. This study looks at IP issues facing firms operating in China.
Reforms in policy on intellectual property rights (IPRs) such as copyrights, trademarks and patent protection deliver positive economic results for developing countries, according to this OECD study.
Aid for Trade has the potential to boost economic growth in developing countries. However, while most trade reforms have been successful, some proved unsustainable and others had little impact on growth. This paper shows the reasons why and the lessons learned.