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Transparent trade legislation, policies and practices benefit governments and business alike by reducing uncertainty and transaction costs, simplifying procedures and encouraging investment. This paper studies the information published online by 33 countries on their export restriction policies in the minerals sector, and presents a checklist of best practices for addressing gaps in the availability and accessibility of information.
In a highly integrated and interdependent global economy, trade liberalisation is essential to foster competition, innovation and development. The rising importance of Global Value Chains is clear proof of how many countries can benefit from the creation, production and export of a given product, said OECD Secretary-General.
Instead of resorting to trade measures such as export restrictions, Chile manages its minerals sector through a combination of balanced taxation, stable investment measures, good management of tax revenue, exchange rate policy and initiatives aimed at producing a multiplier effect of economy-wide development, according to this study.
What obstacles do companies face in doing business internationally? This event brought together representatives from firms in various sectors and regions to identify and prioritize barriers to international business activity.
Drawing on OECD trade facilitation indicators, this paper finds that the combined effect of comprehensive trade facilitation reform would reach almost 14.5% reduction of total trade costs for low income countries, 15.5% for lower middle income countries and 13.2% for upper middle income countries.
Compared to the third quarter, the value of merchandise exports and imports for the G7 and BRICS countries increased by 1.2% and 1.0%, respectively.
Occupation-level analysis of short-term labour market impacts from trade can provide policy makers with better insights than industry-level studies, says this paper using a unique dataset based on harmonised labour force surveys from Canada, Israel, United Kingdom, United States, Brazil and South Africa. For instance, occupation-level data shows that imports can be associated with higher wages and a lower probability of unemployment.
A new OECD report presents around 550 measures that support fossil-fuel production or use in the OECD’s 34 member countries and also highlights the successes and challenges in bringing about reform, says this OECD Insights blog post.
Agricultural trade can be a powerful engine for economic growth, poverty reduction, and development. However, efforts by developing countries to expand their agricultural trade are often hampered by domestic supply-side constraints such as lack of trade-related infrastructure. This report looks at some of the most important of these constraints, and features case studies from Indonesia, Zambia and Mozambique.
This new Database, including preliminary data for 40 countries, can play an important role in understanding better what is going on in global trade, investment and production patterns, and in helping us to improve our policies, said OECD Secretary-General