Master in International Trade, Finace and Development

21 September 2009 - 20 June 2010, Barcelona, Spain

In the fall of 2008, the world financial system seems on the verge of collapse. A decade earlier, the crisis in East Asia affected the lives of millions overnight. Dramatic changes in China and India have a severe impact on the world economy. While living standards in some developing countries have improved, poverty remains rampant in many. These are some of the serious economic challenges facing the world. Everywhere, development organizations, NGOs, government agencies, central banks, and investment banks are looking for experts who can apply cutting-edge analysis to solve such problems. The program combines rigorous analytical training with a strong focus on policy. For more information, visit www.barcelonagse.eu/ITFD.html

Organizer(s):
Joachim Voth
Type:
Course
Location:
Barcelona, Spain
Attendance:
Open attendance
Contact:
clara.kirchner@barcelonagse.eu
Institution:
Barcelona Graduate School of Economics
More information:
www.barcelonagse.eu/ITFD.html

Disclaimer: Vox is not responsible for the accuracy of this information.

Topic(s):
Global economy
Tags:
Development policy, international finance, trade

Buy American is bad for America (and everyone else)

Gary Clyde Hufbauer, Jeffrey J. Schott , 5 February 2009

The “Buy American” provision in the US stimulus package would violate US trade obligations, damage the US' reputation, and have almost no real impact on US jobs. Moreover, the provisions will be read as an Obama trade policy that leans toward protectionism – with severe consequences abroad.

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On January 28, 2009, the US House of Representatives passed the American Recovery and Reinvestment Act of 2009. Out of the bill's 700 text pages, a small half-page section attracted enormous media attention: the section requiring that all public projects funded by the stimulus plan must use only iron and steel produced in the US.

Topics: International trade
Tags: Buy American, trade, United States, WTO

Workshop on "Conflicts, Globalization and Development"

13 - 14 November 2008, Paris

CEPR and the Paris School of Economics are jointly organizing (with financial assistance from Agence Nationale pour la Recherche, ANR) a one and a half day workshop focusing on conflicts, globalization and development. The workshop will take place at the University Paris 1 Panthéon-Sorbonne campus of the Paris School of Economics. Papers are being sought that focus on the following topics: · Causes and consequences of violent conflicts: civil wars, interstate wars, terrorism, rebellion... · Arms trade · International trade, capital flows and violent conflicts · Institutions and violent conflicts · Multilateral institutions and conflicts . Political versus economic causes of conflicts...

Organizer(s):
Vincent Vicard, Philippe Martin, Thierry Mayer, Mathias Thoenig and Thierry Verdier
Type:
Workshop
Location:
Paris
Attendance:
Closed attendance
Contact:
nclarke@cepr.org
Institution:
CEPR and the Paris School of Economics
More information:
http://www.cepr.org/meets/Diary/forthcomingmeetings.asp?mnum=11

Disclaimer: Vox is not responsible for the accuracy of this information.

Topic(s):
Development, Politics and economics
Tags:
Conflict, development, globalisation, institutions, terrorism, trade

Cultural proximity and trade: Evidence from Eurovision

Gabriel Felbermayr, Farid Toubal , 19 July 2008

This column introduces the use of Eurovision song contest scores as a measure of cultural proximity. Unlike other measures, such as common language or religion, Eurovision scores are asymmetric and time-varying, allowing estimates to distinguish between two potential channels through which cultural proximity might affect trade: trade costs and consumer preferences.

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Each year in May, the European Broadcasting Union organises the Eurovision Song Contest. This is a huge pan-European televised show, where every participating country sends an artist to perform a song. The other countries grade those songs, either by televoting, or (in earlier times) by popular juries.

Topics: Europe's nations and regions
Tags: bilateral trade, cultural proximity, differentiated goods, Eurovision song contest, gravity models, homogeneous goods, trade

Redesigning the EU trade strategy towards China

Patrick A Messerlin, Jinghui Wang, 24 May 2008

EU-Chinese trade relations are disappointingly stagnant. This column proposes a new European strategy for China, suggesting a small, feasible bargain to jump-start economic engagement with the emerging giant.

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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

Politics and trade: evidence from the age of imperialism

Kris James Mitchener , 11 April 2008

Institutions play a central role in determining trade flows. Evidence from the age of high imperialism suggests that political relationships can be as powerful at dictating trade flows as geography and other institutional factors, such as currency unions or widespread fixed-exchange rate regimes like the gold standard.

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What factors determine the size of trade flows between countries?

Topics: International trade, Politics and economics
Tags: institutions, policymakers, political relationships, trade

Multilateralising regionalism: The WTO’s next challenge

Richard Baldwin, 29 February 2008

Trade liberalisation is proceeding everywhere but at the WTO: while nations drag their feet in Geneva, they sign bilateral trade agreements by the dozen. Finishing the ongoing WTO talks is important, but regionalism is the new reality. To maintain its relevance, the WTO must adapt, as regionalism is here to stay.

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The world’s most important trade talks – the Doha Round – appear to be slipping into a coma while key nations play a waiting game. What are they waiting for? Some are waiting to see if Europe commits to unilaterally dismantling the EU’s massively distortionary agricultural policies during its 2008/2009 review.

Topics: International trade
Tags: regionalism, trade, trade agreements, trade liberalisation, WTO

Offshoring may reduce income inequality in short term

Karolina Ekholm, Karen-Helene Ulltveit-Moe, 30 July 2007

In recent years, the skill premium in the US manufacturing sector is declining and the skill intensity increasing. The authors of CEPR DP6042 argue that this pattern can be linked to globalization and the rise in offshoring.

The received wisdom about the relative wages of skilled workers in the US is that the wage gap is growing as the skill intensity within industries is increasing, and these changes in wage and employment structure are often attributed to skill-based technical changes rather than to globalization and trade. Since the early 1990s, however, the pattern has been different.

Journalists are entitled to free DP downloads on request; please contact pressoffice@cepr.org. To learn more about subscribing to CEPR's Discussion Paper Series, please visit the CEPR website.

URL: http://www.cepr.org/pubs/new-dps/dplist.asp?dpno=6402.asp
Topics: International trade
Tags: globalization, offshoring, trade, wage inequality

Trade openness and inflation

Janine Aron, John Muellbauer, 26 July 2007

Changes in openness to trade can disrupt the inflation forecasting on which many nations' monetary policies depend. New research suggests an innovative time-series openness measure that addresses some of the shortcomings of existing measures.

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As the popularity of inflation targeting has spread, inflation forecasting has come to play a central element in many nations’ economic policy-making. Numerous emerging market and developing economies have undergone trade liberalisation.

Topics: International trade, Monetary policy
Tags: inflation targeting, trade, trade measures

Trade and child labour

Eric Edmonds, Nina Pavcnik, 19 July 2007

Why are children working? Eliminating trade-linked jobs does not change the circumstances that cause children to work. Empirically, children are less likely to work in countries with more international trade.

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Iqbal Masih was born in 1982 near Lahore Pakistan. At age four, Iqbal began working a carpet loom for at least 12 hours a day, six days a week. His parents received an advance on his wages, so Iqbal was bonded to his employer. Iqbal could not leave, and his employer chained him to his loom in order to make sure he did not run away. At age 10, Iqbal escaped.

Topics: Labour markets
Tags: child labour, family economics, trade

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