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Innovation - Providing global public goods in a rapidly changing world
Innovative ways of making progress on global economic and environmental governance
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The future of development at the G20: towards the St Petersburg Development Principles
When Mexico hands the G20 presidency to Russia on 1 December 2012, it will bequeath a G20 that is still doing some soul-searching on how to lead the world economy. Recent news suggests there is plenty to do. The global economy is in the doldrums, with growth forecasts for the BRICS and the Euro area dropping steeply. Climate change is increasingly visible, and increasingly costly. Food and energy prices are still high and volatile.
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The governance of global value chains and the effects of the global financial crisis transmitted to producers in Africa and Asia
Journal of Development Studies Volume 48, Issue 6This article uses a global value chain (GVC) approach to trace the effects of the Global Financial Crisis (GFC) transmitted to low income producers in Africa and Asia through trade. It explores how the governance structures associated with different types of GVC determined producers' vulnerability to the exogenous trade shock of 2008. -
How will EU trade policy respond to new challenges in the coming decade?
The European Union’s communication on trade, growth and development, launched on 27 January, sets the framework for its actions on trade and development in the coming decade.
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Time for the World Trade Organization to change tack
While Pascal Lamy continues to describe the Doha Development Round as ‘deadlocked’, the rest of us are still waiting for the official pronunciation of its death. After three days of deliberations at the latest WTO Ministerial Conference, there remained little light at the end of the tunnel.
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A problem-driven WTO for the 21st Century
Trade ministers will convene in Geneva this week to consider the next steps along the long road of the Doha Round of the World Trade Organization negotiations that were launched in 2001. The mood has been bleak for some time. The Doha Round is moribund.
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Greek Dra(ch)ma at the G20: kicking the Cannes down the road, but all roads lead to ... Rome
What was agreed in Cannes?I recently asked whether the G20 could come to the rescue to solve yet another crisis. The general assessment now is that it kicked Cannes down the road instead.
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The role of development finance institutions in tackling global challenges
This paper explores the role that development finance institutions (DFIs) have in tackling global challenges, offering a general methodology to estimate the impact of DFIs on investment - especially during financial crises and in post-conflict periods - and the ability of DFIs to improve energy efficiency. -
Hyundai Commodore container ship at Keelung, Taiwan
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Source: FlickrThe future of the world trading system
After a decade of negotiations, there are few signs that the long-running Doha round of global trade talks will be finalised soon. Looking forward, trade officials now openly speak about a so-called “plan B” involving salvaging non-divisive issues from the current round and agreeing upon those as a stand-alone agreement. This event will investigate the key factors shaping the future world trading system.
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Capital controls in a global economy: in search of a coordinated truce
In the aftermath of the global financial crisis, capital flows into emerging and developing economies have bounced back quickly from their slump in 2008. This has been triggered by prospects of strong output growth, investors regaining their appetite for risk, and, in particular, by ‘carry trade’ practices favoured by the exceptionally low interest rates in developed countries.