OECD Insights is a new series of reader-friendly books that uses OECD analysis and data to introduce some of today’s most pressing social and economic issues.
This book argues that prosperity has rarely, if ever, been achieved or sustained without trade. Trade alone, however, is not enough. Policies targeting employment, education, health and other issues are needed to promote well-being and tackle the challenges of a globalised economy.
This book analyses key elements of the trade performance of the BRIICS in relation to the rest of the world, focusing on trade and other policies influencing that performance. Developments in global trade policy are reviewed, notably the impact of preferential trade agreements on the multilateral system and patterns of world trade are described using both indices that reveal networks of trading relations and more standard modeling results.
As well as the global analysis, the book also presents a separate chapter for each of the BRIICS, examining the key development and trade issues in each of the six countries over the past few years.
Brazil, Russia, India, Indonesia, China and South Africa (the BRIICS economies) have increased their share of world trade. To build on this progress, these countries should resist protectionism and revive stalled trade reforms, says this OECD study on globalisation.
Six studies that examine how border bottlenecks affect trade and investment flows, how these bottlenecks might be reduced, and whether the expense involved is worth it.
Transparency is critical to the development of a healthy business environment by reducing regulatory impediments, finds this study of China’s trade policy environment. The study focuses on trade-related regulations and their role in supporting China’s market openness.
High levels of policy support for biofuel contributes little to reduced greenhouse-gas emissions and other policy objectives, while it adds to a range of factors that raise international prices for food commodities.
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The Arrangement on Officially Supported Export Credits has moved from a relatively simple to a more sophisticated market-reflective instrument, worth commemorating, especially in the light of its continuing relevance and dynamism.
This case study of Ecuador forms part of a project studying experiences in non-member economies and provides lessons learned on how economies can successfully adjust to trade reform.