The G7 has set up a Coordination Platform on Economic Coercion to counter any attempts to"weaponize" trading and economic dependencies."We affirm the importance of cooperation on export controls on critical and emerging technologies such as microelectronics," the G7 leaders' statement adds, saying that its trade ministers will"explore coordinated or joint actions where appropriate against ...
Share, comment, bookmark or report
This monthly round-up brings you a selection of the latest news and updates on global trade. Top international trade stories: A new World Bank report highlights global trade challenges and slow recovery; Emerging economies' share of world trade has doubled over past 60 years, UNCTAD says; India sees boom in exports; and more.
Share, comment, bookmark or report
Since 2008, economists and analysts have highlighted how a well-functioning trade finance market is essential to the global trading system. Renewed attention has been paid to the instruments used for financing trade as well as to the structure and regulation of the global trade finance market (Asmundsson et al. 2011, BIS 2014, Niepman and Schmidt-Eisenlohr 2016a, 2016b, 2017).
Share, comment, bookmark or report
Both tax and trading schemes generate revenues for governments - about $22 billion in 2016. These funds can be used to reinvest in green development projects. In other cases the revenues are used to decrease the overall tax burden.
Share, comment, bookmark or report
Trading blocs have historically been a key way of promoting regional relations and economic prosperity. Here we take a look at six of the world’s biggest trading blocs. The World Economic Forum’s 2023 Growth Summit on 2-3 May will explore ways of making economic growth inclusive and sustainable for all, including looking at how we can foster regional trade in a fragmenting world.
Share, comment, bookmark or report
The IMF also predicts the world economy will see less “economic scarring” from the multiple consecutive crises of the past four years, including the trade impact of the pandemic and the war in Ukraine, which pushed up energy and food prices leading to high interest rates.
Share, comment, bookmark or report
International trade is a driving force behind economic growth, and two so-called “mega-regional” trade deals are dominating public debate on the issue: the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP).
Share, comment, bookmark or report
Image: Trading Economics The full level of economic damage will be dependent on how long the war drags on, says the report. Even when it ends, the World Bank predicts a slow recovery and a growing threat of widespread poverty.
Share, comment, bookmark or report
This round-up explores 10 articles from the World Economic Forum on key economic terms and theories. As the effects of inflation are felt around the world, these articles will help you understand the driving forces behind the global economy and the impacts on your finances.
Share, comment, bookmark or report
Learn how trade flows along complex supply chains, how emerging economies have grown their share of global trade, and how trade agreements and services trade are affected by various factors. See three charts that illustrate the key trends and challenges of world trade.
Share, comment, bookmark or report
Comments