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The Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, if successfully concluded, would be the most significant bilateral Free Trade Agreement (FTA) to date, covering approximately 50% of global output, almost 30% of world merchandise trade (including intra-EU trade, but excluding services trade) and 20% of global foreign direct investment.
Read and download for free this OECD series of papers with data, analysis and policy recommendations on food, agriculture and fisheries issues. Feel free to forward and share these papers.
How do small farms in developing countries manage risk? This paper assesses farm-level agricultural risk management strategies in Brazil, China and Viet Nam. Farmers in developing countries often rely on community strategies such as crop sharing, or deplete their assets and so perpetuate poverty. Policies to promote investment, such as access to credit and insurance, can help smallholders move out of poverty or into the non-farm sector.
Global agricultural production is expected to grow 1.5% a year on average over the coming decade, compared with annual growth of 2.1% between 2003 and 2012, according to the latest OECD-FAO agricultural market projections for production, consumption, trade, stocks and prices of featured commodities.
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OECD News: Agriculture and Fisheries #1
Global Value Chains (GVCs) have exploded in the past decade and refer to the international dispersion of design, production, assembly, marketing and distribution of services, activities, and products. Different stages in the production process are increasingly located across different economies, and intermediate inputs like parts and components are produced in one country and then exported to other countries for further production and/or assembly into final products. The functional and spatial fragmentation that has occurred within GVCs has significantly reshaped the global economic landscape, thereby raising some new major policy challenges for OECD countries and emerging countries alike: trade policy, competitiveness, upgrading and innovation and the management of global systemic risk.
Large farm size, low age profile, high educational level and use of financial leverage are factors in high economic performance of farms, according to this analysis of data from nine OECD countries and regions. The analysis shows significant differences in farm economic performances within countries as well as across countries.
The potential multilateralisation of government procurement commitments in regional trade agreements (RTAs) presents many issues and challenges. To what extent do RTAs go beyond the 2012 revised Agreement on Government Procurement (GPA), and how do they differ among trading partners? This report surveys 47 RTAs in force with government procurement provisions where an OECD member is a party.
The costs to implement and maintain trade facilitation measures are not large and far smaller than the benefits gained from implementing these measures, according to this study. Moreover, an increasing amount of technical and financial assistance to implement these measures has been made available to developing countries over the last decade.
International firms in developing economies tend to employ more workers and pay higher wages than firms dealing exclusively with the domestic market, according to this paper demonstrating the links between global value chains (GVCs)and labour market outcomes. Engagement in international activities provides greater opportunities for women to enter the formal employment market.