News Article | May 4, 2017
28 April, Geneva, Switzerland. G20 AND THE EVOLUTION OF THE GLOBAL TRADE AND INVESTMENT REGIME: FROM CRISIS MANAGEMENT TO VISION AND LEADERSHIP? This dialogue is jointly organised by the International Centre for Trade and Sustainable Development (ICSTD) and the Friedrich-Ebert-Stiftung (FES) Geneva office. The focus of the dialogue will be on the trade and investment agenda for the G20, first reviewing and reflecting on this year’s agenda and then moving to the prospects for 2017 and 2018. The sessions will be followed by a roundtable discussion on the interlinkages between trade and climate policy, specifically within the context of the G20’s work. Please note that attendance for this event is by invitation only. For more information, please visit the ICTSD website. 2 May, London, UK. CHATHAM HOUSE PRIMER: THE VOTE FOR BREXIT. This Chatham House event will feature as its guest speaker Matthew Goodwin, co-author of “Brexit: Why Britain Voted to leave the European Union,” to examine what factors motivated a majority of British voters to vote for leaving the EU. The talk will address topics ranging from the driving forces behind Euroscepticism and possible Brexit deals that would win the approval of those who voted to leave. To learn more and to register, please visit the Chatham House website. 1-3 May, Yokohama, Japan. GLOBAL THINK TANK SUMMIT 2017. This two-day summit is jointly organised by the Asian Development Bank Institute (ADBI) and the Think Tanks and Civil Societies Program (TTCSP) of the University of Pennsylvania. This conference aims to bring together policymakers and think tank representatives from dozens of organisations across the world to discuss key policy issues of today. Please note that attendance is by invitation only. For more information on this summit, please visit the ADBI website. An updated list of forthcoming WTO meetings is posted here. Please bear in mind that dates and times of WTO meetings are often changed, and that the WTO does not always announce the important informal meetings of the different bodies. Unless otherwise indicated, all WTO meetings are held at the WTO, Centre William Rappard, rue de Lausanne 154, 1211 Geneva, Switzerland, and are open to WTO Members and accredited observers only. 3 May: Council for Trade in Services – Special Session 10 May, Geneva, Switzerland. 10TH ANNUAL UPDATE ON WTO DISPUTE SETTLEMENT. This event will be held at the Graduate Institute and will consist of an overview session followed by a roundtable discussion. The event will cover the WTO’s dispute-related activities and developments over the past year. Its speakers will include WTO Deputy Director-General Karl Brauner, South African WTO Ambassador and Dispute Settlement Body Chairperson Xavier Carim, and Appellate Body Chairperson Thomas Graham, among others. To learn more and to register, please visit the Graduate Institute website. 11 May, London, UK, and online. REFUGEES: ARE JOBS THE ANSWER? This event is organised by the Overseas Development Institute (ODI) and will feature an expert panel to discuss the creation of economic opportunities for refugees. Specifically, the panel will discuss the possibility of creating Special Economic Zones (SEZ) where business and trade laws could be revised to allow refugees to work within the zone. This event is open to the public and will be streamed online. To learn more and register, or watch online, visit the ODI website. 19-20 May, Singapore. THIRD CONFERENCE ON GLOBAL VALUE CHAINS, TRADE AND DEVELOPMENT. This conference is being organised by the Centre for Economic Policy Research (CEPR) and the World Bank Group and will feature as its guest speakers Shang-Jin Wei from the Columbia Business School and CEPR and David Chor from the National University of Singapore. The aim of this conference will be to foster new ideas and research on the subject of global value chains. To learn more and to register, please visit the World Bank website. 23 May, Stockholm, Sweden. TRADE AND CLIMATE ACTION POST-PARIS: LEVERAGING SYNERGIES. This event is being organised jointly by the International Centre for Trade and Sustainable Development (ICTSD) and Sida, Sweden’s development policy agency. The event will examine the relationship between trade, sustainable development, and climate action in the context of the UN’s Paris Agreement on climate change. The objective is to have a discussion over ways trade policy can support climate action, along with ensuring that efforts to support the latter objective do not have overly trade-distorting effects. For more information, including an event programme, please visit the ICTSD website. 26-28 September, Geneva, Switzerland. WTO PUBLIC FORUM 2017. This year’s edition of the WTO’s outreach event will have as its theme “Trade: Behind the Headlines.” The meeting will aim to look at the real-life implications of trade, as opposed to rhetoric, and will also look at how trade can support the 2030 Agenda for Sustainable Development and related issues. A call for proposals is currently open for those who wish to organise sessions at this year’s forum, with a due date of 4 June 2017. To learn more, please visit the WTO website.
Taghizadeh-Hesary F.,Keio University |
Taghizadeh-Hesary F.,Asian Development Bank Institute |
Yoshino N.,Asian Development Bank Institute
Economics and Policy of Energy and the Environment | Year: 2015
The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in three countries, the People’s Republic of China (an emerging economy), Japan, and the United States (developed economies), in a model incorporating monetary variables (money supply and exchange rate). The main objective of this research is to investigate whether these economies are still reactive to oil price movements and compare their reactions. Monetary variables are included in this survey because our earlier research showed that they have a significant role in oil price determination. To assess the relationship between crude oil prices and macro variables we adopt an N-variable structural vector autoregression (SVAR) model. The results suggest that the impact of oil price fluctuations on developed oil importers’ GDP growth is much milder than on the GDP growth of an emerging economy. On the other hand, however, the impact of oil price fluctuations on the People’s Republic of China’s inflation rate was found to be milder than in the two developed countries that were examined. © FrancoAngeli.