Surging food and commodity prices are undermining efforts to tackle global poverty and hunger and threaten economic growth, said OECD Secretary-General Angel Gurría.
Export restrictions on raw materials are applied to achieve a number of policy objectives. However, they can have a significant and negative impact on the efficient allocation of resources, international trade, and the competitiveness and development of industries in both exporting and importing countries.
By diverting exports to domestic markets, export restrictions raise prices for foreign consumers and importers. At the
Recommendations on Common Approaches on Environment and Officially Supported Export Credits
Open markets will be necessary for a sustained economic recovery, so governments must continue to resist protectionist pressures, says this report on trade policy responses to the economic crisis.
The dramatic collapse in world trade in 2009 is, this report shows, mainly due to: the drop in demand for highly traded products; the drying up of trade finance; and the vertically integrated nature of global supply chains. Contrary to expectations, protectionist measures were relatively muted and did not play a significant part. In fact, because of their sheer size, stimulus measures may have had more impact on trade than direct
Developing countries and economies can see real benefits from trade liberalisation, which can play a role in economic development and poverty alleviation.
Links to trade-related websites for Slovenia
Description of OECD Structural Analysis Statistics Online Database.
In July 2010 the OECD and WTO issued a call for case stories on aid for trade. Over 300 stories from 150 countries (almost have from developing countries)worldwide provide a rich and varied source of information on the results of aid for trade activities - an indication of the progress achieved by the Aid-for-Trade Initiative. Consult the publication online and consult the case stories on www.aid4trade.org
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Conclusions and recommendations from a major OECD study in response to the financial and economic crisis that started in 2008.