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Trade policy reforms have a role to play in reducing large current account imbalances, this paper finds. A multilateral and co-ordinated approach to reducing imbalances, involving macroeconomic, exchange rate and structural reforms, is essential for achieving maximum benefits for all countries.<
Total imports of G7 and BRICS countries contracted by 1% in the third quarter, compared to 4.2% growth in the previous quarter.
Previous meetings of the Working Party on International Trade in Goods and Trade in Services Statistics (WPTGS), the OECD-Eurostat Experts in International Trade Statistics (ITS) and the OECD-Eurostat Experts in Trade in Services Statistics (TIS).
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.
The 'phantom of protectionism', gender inequalities, and the need to better distribute the benefits of open trade - all feature in this entertaining OECD Insights blog post with a varied and colourful cast including Senator Smoot, Lady Chatterley, Bobby Darin and King James!
Greater trade openness does not necessarily have an adverse effect on employment, and labour market mobility and flexibility can help countries gain from globalisation, according to this comparison of Denmark and Spain.
Societies can benefit more from open trade, if this openness is accompanied by labour market and employment, said OECD Secretary-General at the Global Forum on Trade.
The most open sectors of the Chilean economy show higher wages relative to the other sectors, according to this analysis of the relationship between wages and levels of trade and foreign direct investment (FDI) openness in twenty-nine sectors in Chile.
OECD papers on trade and environment, free to access and download, on how trade affects the environment and how environmental concerns affect trade, covering a wide range of issues and countries.
OECD analyses how the increasing number of regional and bilateral trade agreements deal with environmental issues. This document sets out a framework for evaluating the implementation of environmental provisions in regional trade agreements.