Working Papers

  • 18-April-2012


    The Economic Value of Rebuilding Fisheries

    Rebuilding a fishery from a collapsed state could see up to five-fold increases in its value, depending on its ecological, economic and regulatory characteristics. Appropriately-designed rights-based systems can better align individual fisher incentives to promote sustainable fisheries.

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  • 29-March-2012


    Trade, Employment and Structural Change: The Australian Experience

    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.

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  • 26-March-2012


    Trade Effects of Exchange Rates and their Volatility: Chile and New Zealand

    Exchange rate volatility impacts trade flows in small, open economies more than for larger economies, according to this study of trade in the agricultural and the manufacturing and mining sectors of Chile and New Zealand.

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  • 20-March-2012


    Effects of NAFTA on US Employment and Policy Responses

    The signing of the North American Free Trade Agreement (NAFTA) was a source of debate in United States politics, particularly regarding possible labour market effects. This paper gives an overview and assessment of the debate and US employment policy responses.

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  • 8-February-2012


    Structural Change in Commodity Markets: Have Agricultural Markets Become Thinner?

    Market thinness, where there are few buying or selling offers, can contribute to price volatility. Contrary to general assumptions, agricultural commodity markets have not become 'thinner', according to this study of trade in selected commodities from 1970 to 2010.

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  • 24-January-2012


    Trade and Innovation - Synthesis Report

    Innovation is critical to creating new sources of growth, and trade can strengthen innovation in the business sector. Technology diffusion, competition and exports are channels through which trade affects innovation. These channels along with the related policy issues are discussed in this report.

  • 14-December-2011


    International Agreements for Commodity Price Stabilisation: An Assessment

    Low stocks to use ratios of recent years were one of the contributory factors to the grain price spike in 2007-08, says this paper on international stockholding arrangements with economic provisions for stabilising world agricultural commodity prices.

  • 9-December-2011

    English, , 2,266kb

    Promoting Energy Efficiency Through Trade

    A first step to facilitating trade in energy-efficient products is to encourage developing and emerging economies to reform their policies in trade and energy-pricing, according to this paper which draws on work by Japan’s Research Institute of Innovative Technology for the Earth (RITE).

  • 7-December-2011


    Agricultural Commodity Price Volatility: An Overview

    Recent years have witnessed a sharp increase in many commodity prices. This report examines the question of whether commodity price volatility has materially changed with the rapid run up in world prices in 2006-09, followed by an equally sharp decline in many commodity prices.

  • 30-November-2011


    Global Imbalances: Trade Effects and Policy Challenges

    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.<

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