Doha Round failure: This is the way the round ends…

Joseph Francois, 1 August 2008

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Trade negotiators in Geneva have finally admitted the obvious and given up on their efforts to negotiate a new WTO trade agreement. As a result, the Doha Round of trade negotiations has been allowed to collapse. Next comes the blame game, with finger pointing across the Atlantic and across the rich-poor-countries trench.

Topics: International trade
Tags: China, Commodity prices, Doha Round, food prices, MFN, plurilateral agreements, regional agreements, South-South liberalization, WTO

What’s causing global food price inflation?

Stefan Tangermann, 22 July 2008

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Global food prices have exploded since early 2007, causing major social, political, and macroeconomic disruption in many poor countries and adding to inflationary pressure in the richer parts of the world.1 Concerns about high food prices have been expressed at the highest political level, including during the recent G8 summit on Hokkaido.

Topics: Energy, International trade
Tags: biofuel support policies, biofuels, China, Directive on Renewable Energy, Energy Independence and Security Act, EU, food prices, India, speculation, US

Can production subsidies explain China’s export performance?

Sourafel Girma, Yundan Gong, Holger Görg, Zhihong Yu , 8 July 2008

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China’s exports are booming and – somewhat surprisingly – not just in labour-intensive goods.

Topics: International trade, Productivity and Innovation
Tags: China, export performance, subsidies

China and Wal-Mart: Champions of equality

Christian Broda , 3 July 2008

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The U.S. presidential campaign has sometimes sounded like a contest to prove who despises trade the most, as Willem Buiter and Anne Sibert point out in their recent Vox column.

Topics: International trade
Tags: China, consumer prices, globalisation

The impact of low-income economies on US inflation

Raphael Auer, Andreas Fischer, 13 June 2008

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Have cheap imports from low-wage nations held down inflation in rich economies? Contrary to what customers at Wal-Mart, Toys"R"Us, or Best Buy observe every day, the academic literature has found surprisingly little evidence that trade with China and other poor, yet rapidly industrializing nations have had a large impact on prices in the rest of the world.

Topics: International trade
Tags: China, globalisation, import competition, inflation, monetary policy

Redesigning the EU trade strategy towards China

Patrick A Messerlin, Jinghui Wang, 24 May 2008

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The 2008 April EU-China “high level trade talks” achieved little, despite the fact that the EU sent its largest joint mission to a foreign country for a single meeting in its 50 years of existence.

Topics: International trade
Tags: China, EU, trade

Trade growth, global production, and environmental degradation

Judith M. Dean , Mary E. Lovely, 14 May 2008

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The sheer scale of China's recent trade growth and its environmental degradation are unprecedented.1 In current dollars, the value of China’s exports plus imports rose from $280.9 billion in 1995 to $1422.1 billion in 2005 – a growth of over 400%.

Topics: Environment, International trade
Tags: China, environment, pollution, trade growth

China’s higher education transformation and its global implications

Yao Li , John Whalley, Shunming Zhang , Xiliang Zhao, 18 April 2008

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A central element of China’s unconventional development strategy has been industrial policies aimed at building domestic capabilities in sophisticated industries, though whether these have succeeded remains controversial.1 Since 1999, a similar strategy has been adopted in educational policy, and the emphasis on sophistication has resulted in a major

Topics: Development, Education
Tags: China, development strategy, higher education, transformation

Quality matters: Everything is (not) made in China

Lionel Fontagné, Guillaume Gaulier, Soledad Zignago , 28 March 2008

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The economic transformations induced by globalisation have prompted reactions in developed countries that sometimes seem hysterical: One American author wrote a book about her attempt to go one year without a product manufactured in China.

Topics: International trade
Tags: China, exports, international specialisation, quality

What India must do to modernise

Arvind Panagariya, 15 January 2008

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A key advantage claimed for the outward-oriented development strategy is that it allows poor, labour-abundant countries to specialise in labour-intensive products and, thus make efficient use of limited capital stocks. To quote Anne O.

Topics: Development
Tags: China, India, labour-intensive sectors, manufacturing, modernization, trade openness

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