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The new OECD/WTO database on trade in value-added is not just about changing the numbers, but policymakers’ approaches too. It gives trade fresh importance, and a place high on the agenda of the UK’s G8 presidency.
To benefit fully from cross-border trade in electricity, interconnected countries need to establish a non-discriminatory trading regime based on co-operation and co-ordination, says this study of trade in renewables-based electric power in Europe.
With a growing integration via trade and investment, state-owned enterprises (SOEs) that have traditionally been oriented towards domestic markets increasingly compete with private firms in the global market place. This paper presents a conceptual discussion of how potential SOE advantages can generate cross-border effects.
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Business representatives and policy makers provided lively debate and valuable insights on barriers to 21st century commerce when they met at this event at OECD headquarters in Paris. Read the main discussion points, online survey results and recommendations.
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.
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.