Trade and Development

Trade is indispensable to fostering greater levels of global economic development. As the OECD has written, “No country has lifted itself out of poverty without international trade.” This category consolidates GTIPA-member reports assessing the intersection of trade and economic development.

Why We Still Need Free Trade and Globalization

The increasingly tense interplay between trade and politics should not blind us to the fact that the postwar liberalization of trade worldwide has been a resounding success and remains one of globalism’s most significant achievements, if not the most important achievement, period. This opening up did not happen spontaneously in an institutional vacuum. Instead, the current degree of economic openness and the resulting prosperity are results of a combination of multilateral trade negotiations under the auspices of the General Agreement on Tariffs and Trade (GATT) and later the World Trade Organization (WTO), underwritten largely by the United States, as well as a variety of regional initiatives.

Center for Social and Economic Research Thu, 01/28/2021

The Bay Area-Silicon Valley and Australia: An Expanding Trans-Pacific Partnership

Given current geopolitical challenges around the world, the Indo-Pacific region will continue to grow in importance for the United States, and so, too, will its relationship with Australia. This report assesses Australia's economic ties to the Bay Area and outlines areas where capabilities, resources, and close alignment will offer stronger opportunities for business and other collaboration in the future.

The Bay Area Council Economic InstituteWed, 01/27/2021

Why economic freedom is vital for SA's future prosperity

South Africa is no Venezuela, which ranks at the very bottom with one of the worst-performing economies in the world. But neither is it close to the top of the list and among the best. The Economic Freedom of the World Index tells a sad tale of South Africa's decline in recent years.

The Free Market Foundation Fri, 11/06/2020

GTIPA Perspectives: Nations' Trade Policy Priorities for the Year Ahead

This report provides Global Trade and Innovation Policy Alliance (GTIPA) members' perspectives on their nations' three most-significant trade priorities for the year ahead. This document aims to deliver a succinct snapshot of what to expect in the coming year regarding trade policy priorities for these countries. The volume compiles briefs from Argentina, Australia, Bangladesh, Chile, Colombia, Germany, Italy, the Philippines, Poland, South Africa, the United Kingdom, and the United States. It also offers specific examples and recommendations that countries can seek to adopt to advance their trade policy agendas.

The Free Market Foundation Tue, 10/27/2020

GTIPA Perspectives: Nations' Trade Policy Priorities for the Year Ahead

This report provides Global Trade and Innovation Policy All

German Economic InstituteTue, 10/27/2020

GTIPA Perspectives: Nations' Trade Policy Priorities for the Year Ahead

This report provides GTIPA members’ perspectives on their nations’ three most-significant trade priorities for the year ahead. This document aims to deliver a succinct snapshot of what to expect in the coming year regarding trade policy priorities for these countries.

Information Technology and Innovation FoundationMon, 10/26/2020

Gobierno Grande, Empresas Grandes, Proteccionismo Exacerbado

It is commonly assumed on the left and (increasingly) on the right that free markets foster — and that state regulation controls — the growth and market power of large corporations. Liberalized international trade and investment policies, in particular, are often criticized by market skeptics as a tool that large companies use to strengthen their dominant position at the expense of workers and potential competitors. Liberals and other free-market supporters, of course, argue the opposite: that free-market competition encourages "creative destruction" - that is, the economically valuable displacement of the old, with big business being displaced by newer competitors, as first described by economist Joseph Schumpeter — and thus serves as a powerful cap on large companies, which often lobby for and benefit from trade restrictions and other state regulations that discourage new entrants to the market.

Fundación Internacional BasesFri, 10/23/2020

The future of free trade

The United States was never truly fond of free trade agreements (FTAs). Since 1984, the U.S. has signed FTAs with only 20 countries, the most significant of which was the North American Free Trade Agreement (NAFTA), recently replaced with the United States-Mexico-Canada Agreement (USMCA). In comparison, the European Union has the world’s largest network of preferential trade agreements, having such pacts in force with 77 countries.

Austrian Economics CenterMon, 10/19/2020

Por Qué el “Misterio” de la Balanza Comercial No Es un Misterio

We recently learned that the US trade deficit increased more than expected in August. Why the confusion and mystery regarding the negative US external balance? After all, the US has had a negative external balance every year since 1975. The reason for that is simple. The negative external balance is "made in the US" —A result of your savings deficiency.

Fundación Internacional BasesThu, 10/15/2020

Indonesia's "Omnibus Bill" weakens labor and environmental standards

Indonesia’s new “Omnibus Bill” aims to bolster foreign investment by streamlining business regulation and cutting red tape. But the Indonesia bill contains measures that run contrary to the concept of sustainable trade by, for example, rolling back environmental and labor standards. This approach is out of synch with the modern-day realities faced by companies.

Hinrich FoundationTue, 10/13/2020

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