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.
Trade and Development
Cocoa has played a pivotal role in the economic development of Ghana. This report aims to explore the revenue management and producer pricing mechanism within Ghana’s cocoa sector.
The Legatum Prosperity Index™ for 2019 analyses the performance of 167 nations across 65 policy-focused elements, measured by almost 300 country-level indicators.
Analysing Economic Openness and assessing its positive effects on prosperity is now a time sensitive task, with the benefits of globalisation and Economic Openness being questioned in the wake of the global financial crisis. We continue to see the impact of the crisis in public debate ten years on, with the rise of nationalism and populist politics in Indonesia, and across the world. As Joko Widodo starts his second term, his challenge is to continue improving the openness of Indonesia’s economy, paying particular attention to encouraging greater competition, both domestically and internationally, while maintaining enough broad-based political support for reform programmes.
China recently moved to ban Canadian canola, soybeans, and other agriproducts. These efforts at economic coercion are closely tied to the ongoing tensions between the two countries, which began when Canadian authorities arrested Huawei CFO Meng Wanzhou in December 2018, following a US extradition request. In the long-term, Canada should be taking every measure available to diversify our trade beyond China. Taiwan has been vigilantly doing so for years, and Canadians should take note of its efforts to achieve greater resilience against China’s economic coercion. Such trade diversification should be part of Canada’s long-term strategy in the Indo-Pacific region.
The bills under scrutiny in the Chilean parliament are worth taking seriously. They play an important role in environmental degradation mitigation, however, it is necessary to adopt policies that are able to enact these changes without deterring necessary investment.
The Philippine Institute for Development Studies (PIDS) has released its annual report for 2018 detailing its accomplishments in research, policy recommendation, and collaboration in numerous fields effecting economic outcomes.
In 2017 there were 3,199 Swedish controlled enterprise groups with affiliates abroad, a decrease of 15 groups since 2016. Of these enterprise groups 960 or 30 percent had subsidiaries in Norway. Between 18 and 20 percent of the enterprise groups had subsidiaries established in Finland, Denmark, and the USA.
This paper presents how the Asia-Pacific Economic Cooperation (APEC) has evolved as an institution, the changes it has undergone, and the challenges it has faced for the past decades. More importantly, this paper tries to enumerate the roles of APEC in positioning the Philippines in the global economy.
Today, the United States and Europe stand before a series of major decisions regarding an extremely important region. Overlooking Chinese policy, particularly the Belt Road Initiative (BRI) in Central Asia and the Caucasus, could prove to be a costly miscalculation just like the deference shown the Soviet Union at the end of World War II.