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Tag Archives: Trans-Pacific Partnership

A Planet at Risk Requires Multilateral Action

Signe Krogstrup and Maurice Obstfeld  December 3, 2018 Español, Português A wolf in the snow: the planet isn’t crying wolf as man’s economic activities reach a scale where the global climate is at risk (photo: ImageBroker/ David MichaSheldon/Newscom) The COP-21 Paris Agreement limiting greenhouse gas emissions was a major achievement on the road to meeting the threat of climate change. But as the evidence becomes increasingly unambiguous that human activity is destabilizing the...

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Creating a Better Global Trade System

By Christine Lagarde May 29, 2018 Versions in عربي,  Русский     Engineers inspect the 3D printing of a bicycle frame in California: trade in services has risen dramatically and the use of technology is changing how countries trade with each other (photo: Stephen Lam/Reuters /Newscom). Recent news on global trade has tended to focus on protectionist measures and diplomatic tensions. These challenges have raised concerns over growth and jobs across the world. Yet what is often lost in...

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Global Economy: Good News for Now but Trade Tensions a Threat

By Maurice Obstfeld April 17, 2018 Versions in عربي (Arabic), 中文 (Chinese), Español (Spanish), Français (French), 日本語 (Japanese), Português (Portuguese), Русский (Russian) Container ship in Colombo, Sri Lanka: the recent escalating tensions over trade present a growing risk to the global economy (photo: STRINGER/REUTERS/Newscom). The world economy continues to show broad-based momentum. Against that positive backdrop, the prospect of a similarly broad-based conflict over trade...

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How Lowering Trade Barriers Can Revive Global Productivity and Growth

By Era Dabla-Norris and Romain Duval Weak productivity growth in many advanced and emerging market economies in the wake of the global financial crisis is raising concerns about future growth prospects. New research indicates that easing barriers to international trade and foreign direct investment (FDI) could boost productivity and output. Efforts to lower trade barriers have been stalling, but a push toward new agreements promises to reverse the trend. The recent Trans-Pacific Partnership...

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