Benefits of Trade Liberalisation

Trade liberalisation benefits countries, firms and consumers. The OECD analyses the impact that further trade openness can have on different economic sectors and regions, as well as on overall economic growth. More...

Key areas of work include:
> Trade and jobs
> Trade policy response to the global economic crisis
> Regional trade agreements

What's new

VIDEO: Jagdish Bhagwati on why trade still matters

22-Nov-2011

Trade is essential to global economic recovery and protectionism would be harmful, says Professor Jagdish Bhagwati of Columbia University in this interview with OECD. He also challenges the fear that trade 'takes' jobs from developed countries, pointing out that firms from developing countries are now creating jobs in richer economies.

Imports bring wages of skilled workers up, new OECD study finds

19-Oct-2011

Imports tend to bring wages up for skilled workers rather than push wages down, according to this study of the relationship between wages and trade in 55 countries and 40 industries. This positive effect is evidence of the increased productivity of firms who import inputs.

Open trade in IT goods and services supports innovation and productivity growth

01-Jul-2011

Trade liberalisation in the information and communications technology (ICT) sector, a major contributor to innovation and productivity growth, can help foster competition and reduce prices for consumers, according to this study.

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