If you want to export, you have to import, explains this OECD Insights blog post on the benefits of open markets. Trade has a positive effect on employment, wages and even working conditions, while protectionism protects no one.
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Over the course of the last half century, the global expansion of trade has reshaped the world economy. Trade opening has enabled economies to reap the benefits of specialisation and focus more productively on what they do best, through the sectors where they demonstrate comparative advantage.
Governments that foster open markets and resist protectionism have the best chance of stimulating inclusive economic growth and creating high-value jobs, according to a new study from 10 international organisations presented in Paris.
Launched and co-ordinated by the OECD, the International Collaborative Initiative on Trade and Employment (ICITE) is a two-year old joint undertaking of ten international organisations. Under ICITE, a broad research agenda focusing on the interaction between trade and employment has been implemented. This book brings together some of the results of that research.
Opening with an overview chapter from the OECD, the book
We must improve mobility policies, foster energy technology and innovation and we must go seamless to improve efficiency and connectivity of transport. It is time to act now, to design, promote and put in place better transport policies for better lives!
What incentives do our partners have to open their markets to our businesses when their own businesses have full access to ours? EU commissioners Karel De Gucht and Michel Barnier give the example of the European Union's new public procurement instrument.
Boosting trade is one of the surest drivers of sustainable growth, explains Ian Wood, Deputy Permanent Representative of the United Kingdom to the OECD, in this OECD Insights blog post.
Companies are increasingly producing goods and services through supply chains spanning different countries.
This publication provides preliminary, quantitative estimates of direct budgetary support and tax expenditures supporting the production or consumption of fossil fuels in selected OECD member countries. The information has been compiled as part of the OECD’s programme of work to develop a better understanding of environmentally harmful subsidies (EHS). It has been undertaken as an exercise in transparency, and to inform the
Trade is essential to global economic recovery, says Professor Jagdish Bhagwati 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.