Open markets will be necessary for a sustained economic recovery. This report recommends that governments continue to resist protectionist pressures and work towards a level playing field for trade.
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.
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Members have updated their responses to the 2007 Survey on the environment and officially supported export credits - Part 02.
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Members have updated their responses to the 2007 Survey on the environment and officially supported export credits - Part 01.
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 trade policy measures Nevertheless, dollar for dollar, direct trade restricting measures have the most strongly negative impacts on growth and employment: a one dollar increase in tariff revenues results in a USD 2.16 drop in world exports and a USD 0.73 drop in world income.
The analyses presented here suggest that exit strategies from measures to deal with the crisis will be most effective in boosting growth and jobs if they first roll back measures that discriminate between domestic and foreign firms and those that target specific sectors. General demand stimulus measures and active labour market policies are preferable under current conditions.
Developing countries and economies can see real benefits from trade liberalisation, which can play a role in economic development and poverty alleviation.
Private financial sector investment in agriculture has increased, mainly because of current prospects for income generation, capital appreciation, and uncorrelated returns with equity markets and as a hedge against inflation. This paper surveys this investment activity and its impacts.
To what extent do governments use international standards in their technical regulations? This paper looks at the electrical household appliance, natural gas equipment and telephony sectors in Canada, Japan, Korea, Mexico, United States and the European Union.
The Development Assistance Committee (DAC) is helping to tackle the challenge of how poorer countries can benefit more from trade and jointly with the WTO OECD will review self-assessment questionnaires sent to donors and partner countries.
Links to trade-related websites for Slovenia