Asian Development Bank Institute
Asian Development Bank Institute
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.
News Article | July 20, 2017
ISSUES AND OPTIONS FOR DISCIPLINES ON SUBSIDIES TO ILLEGAL, UNREPORTED AND UNREGULATED FISHING. By Carl-Christian Schmidt for the International Centre for Trade and Sustainable Development (ICTSD) (July 2017). This new reference paper takes a close look at the WTO negotiations to discipline harmful fisheries subsidies, examining the issues that have arisen to date and providing information and options for negotiators to consider going forward. The paper looks closely at the topic of illegal, unreported, and unregulated (IUU) fishing in this context. The publication is available to download at the ICTSD website. WIN-WIN: HOW INTERNATIONAL TRADE CAN HELP MEET THE SUSTAINABLE DEVELOPMENT GOALS. Edited by Matthias Helbe and Ben Shepherd for the Asian Development Bank Institute (ADBI) (July 2017). This new book examines the relationship between trade policy and the Sustainable Development Goals (SDGs), looking at interlinkages between them. The book is geared particularly towards policymakers in developing economies. The publication is available to download at the ADBI website. GREEN FINANCE PROGRESS REPORT. Published by UN Environment (UNEP) Inquiry (July 2017). This new report evaluates the progress seen over the past year among G20 members and other countries regarding seven “options” that were previously identified as ways for the coalition to support the use of green finance. To access the full report and related maps, please visit the UNEP Inquiry website. OPTIONS FOR A FUTURE REGULATORY FRAMEWORK FOR TRADE IN SERVICES AND CUSTOMS AND TRADE PROCEDURES BETWEEN THE EU AND THE UK. Published by the Swedish National Board of Trade (2017). This paper provides a summary of a larger analytical work by the Swedish National Board of Trade, looking specifically at options for services trade between the EU and the UK following Brexit. The summary in English is available here, along with related documents in Swedish. THE MACROECONOMIC EFFECTS OF TRADE TARIFFS: REVISITING THE LERNER SYMMETRY RESULT. By Jesper Lindé and Andrea Pescatori for the International Monetary Fund (IMF) (July 2017). This IMF working paper examines a series of different trade topics, including the implications of a “trade war” and border adjustment taxes for different economic indicators, including incomes. The paper is available for download here. TRADE AND FOOD STANDARDS. Published by the World Trade Organization (WTO) and the UN Food and Agriculture Organization (FAO) (July 2017). This report was released during this year’s Aid for Trade Global Review, and examines various issues in relation to how international food standards can support trade, along with the need for continued collaboration among governments in this area. The full report is available for download at the WTO website. AID FOR TRADE: CASE STORIES. Published by the World Trade Organization (WTO) and the Organisation for Economic Co-operation and Development (OECD) (July 2017). These various case stories were compiled ahead of the Aid for Trade Global Review as part of the joint WTO-OECD monitoring exercise. The case stories were submitted by public and private sector actors, as well as civil society and academia. To access case stories from 2017, as well as from previous Global Reviews, please visit the OECD website.
News Article | May 24, 2017
25 May, Washington, US, and online. TRADE, SECURITY, AND THE U.S.-MEXICO RELATIONSHIP. This event is being organised by the Brookings Institution’s Mexico Initiative and will feature a series of panel discussions that will explore the various dimensions of the US-Mexico relationship, including on trade. Please note that the event will also be webcast live. To learn more and to register, please visit the Brookings website. 25 May, Geneva, Switzerland. GLOBAL HEALTH R&D: HOW CAN WE BEST SET PRIORITIES BASED ON EVIDENCE? This event is being organised by the governments of Switzerland and South Africa, as well as the European Commission, and will be hosted by the Global Health Centre. The meeting will examine research and development (R&D) activities within the context of global health, examining different initiatives that are currently in place to help in setting priorities for future R&D financing. To learn more and to register, please visit the event website. 29-31 May, Dakar, Senegal. PRACTICAL WORKSHOP ON INTELLECTUAL PROPERTY, TRADITIONAL KNOWLEDGE AND TRADITIONAL CULTURAL EXPRESSIONS. This workshop is being organised by the World Intellectual Property Organization (WIPO) and will focus on building knowledge and exchanging views on the subjects of traditional knowledge and traditional cultural expressions. To learn more, visit the WIPO website. 31 May-1 June, Almaty, Kazakhstan. WORKSHOP: EFFICIENT MANAGEMENT OF STATE-OWNED ENTERPRISES. This workshop is being organised by the Asian Development Bank Institute (ADBI) and will examine the challenges and prospects for reforming state-owned enterprises in Asia. The event will bring together government representatives from various countries in the region. Please note that attendance is by invitation only. For more information, 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. 30 May: Workshop on Aid for Trade 31 May: Committee on Trade and Development – Session on Aid for Trade 1 June: Working Party on the Accession of Comoros 2 June, Washington, US. INDIA’S SEARCH FOR PROSPERITY. This event is being organised by the Carnegie Endowment for International Peace and will feature economist Vijay Joshi as the guest speaker. Joshi will lead a discussion based on his book, India’s Long Road: The Search for Prosperity, which examines the evolution of the Indian economy and the roles of different actors in this context. Joshi will be part of a panel featuring speakers from the International Monetary Fund and the Carnegie Endowment. To learn more and to register, please visit the Carnegie website. 12 June, Geneva, Switzerland. DISCIPLINING FOSSIL FUEL SUBSIDIES: A CONTRIBUTION OF THE TRADE SYSTEM TO CLIMATE MITIGATION AND SDGS. This roundtable is being organised by the International Centre for Trade and Sustainable Development (ICTSD) as part of the E15 Initiative, which is jointly implemented with the World Economic Forum. The focus of this event will be looking at trade tools and how these can be used to help discipline subsidies for fossil fuels. The meeting will include both WTO negotiators and experts in the field. Please note that attendance is by invitation only. To learn more, visit the ICTSD website. 14 June, London, UK. BREXIT, TRUMP AND THE FUTURE OF THE TRANSATLANTIC ALLIANCE. This Chatham House event will examine the implications of Brexit and the election of US President Donald Trump for the bilateral relationship between the United Kingdom and the United States. The event’s guest speaker will be Sir Nigel Sheinwald GCMG, who is a Visiting Professor at King’s College London Department of War Studies, and was previously the UK’s ambassador to the United States and the UK’s permanent representative to the European Union. Please note that attendance is by invitation only. To learn more, visit the Chatham House website. 20 June, Brussels, Belgium. INTERNATIONAL FORUM ON WOMEN AND TRADE. This event is being hosted jointly by the European Commission and the International Trade Centre, bringing together stakeholders from a range of backgrounds with the goal of building support for empowering women through trade. A full event agenda is available online. To learn more and the register, please visit the European Commission website. 30 June – 2 July, Geneva, Switzerland. FIFTH GLOBAL REVIEW OF AID FOR TRADE: “REDUCING TRADE COSTS FOR INCLUSIVE, SUSTAINABLE GROWTH.” This biennial WTO event will feature over 50 sessions focusing on the Aid for Trade Initiative, as well as how to address the issue of trade costs in the context of the UN’s Agenda 2030 for Sustainable Development and the related Sustainable Development Goals (SDGs). Please note that registration closes on 26 June. To learn more, please visit the WTO 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.