The G20 needs to go structural, social, and green! With fiscal and monetary policy room nearly exhausted, structural reforms are the best choices, sometimes the only choice. The OECD battle cry in this regard has been unchanged since 2008: “go structural!”.
Deepening economic integration via regional co-operation has emerged as a key priority in the reform strategies of most developing economies over the past decade. This is evidenced by the explosive growth in bilateral and regional trading agreements in which they now participate. Regional aid for trade can help developing countries spur regional economic integration, enhance competitiveness, and plug into regional production networks.
Based on a rich set of experiences regarding regional aid for trade projects and programmes, the study finds that regional aid for trade offers great potential as a catalyst for growth, development and poverty reduction. The study recommends greater emphasis on regional aid for trade as a means of improving regional economic integration and development prospects. While regional aid for trade faces many practical implementation challenges, experience has shown that associated problems are not insurmountable but do require thorough planning, careful project formulation, and prioritization on the part of policy makers.
Businesses and policy makers are concerned by recent trends in export restrictions on strategic raw materials like rare earths, metals and food commodities. Through data and analysis, OECD is working to bring more transparency and discipline to the use of these restrictions.
The OECD Trade and Agriculture Directorate will have an informational booth at this year's WTO Forum trade & people fair and will also host a panel discussion on trade and jobs.
Merchandise trade broadly stable in the second quarter of 2014, with diverging patterns across major economies
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The protection of trade secrets web annotation explains the need and reasons for the creation of the OECD's Trade Secrets Protection Index available through the iLibrary.
ITC, OECD, UNCTAD, UNECE on behalf of the UN Regional Commissions of ECE, ECLAC, ESCAP and ESCWA, WBG and WCO reaffirm their support in a comprehensive and coordinated manner to such economies in implementing the TFA - in close collaboration with the WTO and the donor community.
Trade policies need to be embodied in effective structural policies to turn potential opportunities into real gains. This is why the OECD so strongly supports the Australian G20 Presidency efforts to better reflect trade and investment as essential elements of a strong, balanced and sustainable framework for growth, jobs, and development, said OECD Secretary-General Angel Gurría.
Global Value Chains (GVCs) are a dominant feature of the world economy that impact growth, jobs and development, but numerous challenges remain to ensure that all countries and all firms have the opportunity to participate and benefit.
A good produced in the European Union and exported to the United States may include raw materials from China, Australia, and Malaysia, and it may use services from Japan, Canada, and India. Goods and services are no longer produced in one country and sold to consumers in a second country; production is fragmented around the world and components are traded across borders multiple times.