Trade and Agriculture Newsletters

OECD Trade Newsletter #8

 

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OECD News: Trade
JANUARY 2016 Follow us on Twitter
 
2015 in review - OECD provides new data and analysis to support more open markets for trade and investment

All throughout 2015, the OECD has provided new data and analysis that highlight the benefits of a deeper trade integration. The Trade Facilitation Indicators show that implementing the WTO Trade Facilitation Agreement (TFA) could reduce worldwide trade costs by anywhere from 12.5% to 17.5%.

New Trade in Value Added (TiVA) data was also made available. TiVA measures the flows of goods and services within global production chains, and the new version of the database includes 61 economies and 34 industrial sectors.

The OECD Services Trade Restrictiveness Index allows policy makers and negotiators to understand where restrictiveness is greatest and where the largest benefits would accrue from opening up international trade in services. An interactive simulator and policy database make it easy to make comparisons across sectors and countries.

Below are some of the highlights from our work on trade in 2015. The coming year also promises to be busy: we will be releasing brand new STRI data and providing analysis of SMEs in South-East Asia, as well as looking at the impacts of some of the emerging “behind-the-border” measures that are increasingly affecting trade .

We wish you a great start into the New Year and look forward to connecting with you in 2016!

 

 
Global Value Chains
Trade, GVCs and wage-income inequality

The rise in global value chain (GVC) participation has coincided with significant changes in the distribution of wage income both within and across countries. This paper identifies the linkages between these phenomena.

 

Participation of Developing Countries in Global Value Chains

This latest OECD work analyses GVC participation and policy in the context of five developing sub-regions in Africa, the Middle East and Asia. Highlighting key differences and similarities, the paper can be a starting point to assess countries' GVC engagement and to consider policy options.

 

Diagnostic of Chile's Engagement in Global Value Chains

This OECD report aims to lay an empirical foundation for structuring economic policies to facilitate Chile’s GVC participation and maximise the benefits associated with it for national firms and workers.

   
Services Trade
The Impact of Services Trade Restrictions on Trade Flows

This paper uses newly released OECD STRI data to analyse the relationship between services trade restrictions, cross-border trade in services and trade in downstream manufactured goods.

 

Water in GATS: Methodology and Results

The water in the General Agreement on Trade in Services (GATS) refers to the difference between the bound level of trade restrictiveness permitted by the GATS and the actual trade regime. Using the OECD STRI, this report provides estimates of the water in 15 service sectors for 40 countries.

 

 

Services Trade Restrictiveness Country and Sector Notes

STRI analysis now covers 42 economies with 2-page summaries for each country. The simulator allows for the comparison of a specific country with a range of other selected countries in a particular sector and the database contains information on trade restrictions and behind the border regulation.

   
Other work
Measuring government support to fossil fuel consumption and production

Government support to fossil fuel consumption and production in OECD countries and key emerging economies remains high, at USD 160-200 billion annually.

 

Managing the Minerals Sector: Implications for Trade from Peru and Colombia

Managing and regulating the extractive industries can pose substantial challenges to minerals-rich countries. This study examines the Pervuain and Colombian experiences as regards the design of the tax system as it applies to non-renewable resources, the reform of the distribution of revenues from the sector, and strategies for tackling illegal mining.

 

International Trade and Investment by State Enterprises

The recent surge in competition between state and private firms in global markets calls for a reflection on how to minimise any potentially distortionary effects on international trade and investment created by state enterprises while at the same time restraining any undue protectionist policy responses directed at them.

   
The impact of trade facilitation on supply chains

This report assesses how specific border procedures impact on the operation of supply chains and the resulting policy implications, using data from the OECD Trade Facilitation Indicators (TFIs) database and from the OECD-WTO database on Trade in Value Added.

 

Localisation Barriers to Trade

Local Content Requirements are rules requiring the purchase of domestically manufactured goods or domestically supplied services. This new report quantifies their predominantly negative impacts on trade and the economy and highlights a series of policy alternatives.

 

 

   

 

  

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