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Merchandise trade continued to slow in most major economies in the third quarter of 2012 compared to the second quarter of 2012.
OECD Secretary-General Angel Gurría delivers remarks at the G20 Trade and Investment
Promotion Summit held in Mexico City.
Governments appear increasingly inclined to apply border and domestic measures to restrict the export of raw materials. For industrial raw materials, the OECD is constructing an Inventory of measures that have been applied since 2009. The underlying survey covers some 100 countries, some 15 types of measures and most minerals, metals and wood. This paper analyses 2009-2010 data collected so far for the minerals and metals sector.
Developing effective policies to reduce illegal trade in environmentally sensitive goods requires a clear understanding of what drives this trade and the circumstances under which it thrives, says this report.
Watch the Jobs Knowledge Platform webcast of the World Bank-OECD "Policy Priorities for International Trade and Jobs" seminar on the JKPLive Facebook channel.
Merchandise trade slowed in most major economies in the second quarter of 2012, with contractions in all major European economies, India, Russia and South Africa.
OECD countries have agreed new rules to strengthen current environmental and social due diligence processes when providing export credits and to create financially prudent incentives to support business projects with low CO2 emissions. The second agreement also aims to encourage support for advanced climate-friendly technologies such as carbon capture and storage.
Merchandise trade grew moderately in most major economies in the first quarter of 2012. Total imports and exports of G7 and BRICS grew by 1.0% and 0.6% respectively.
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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.