Peterson Institute for International Economics

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Peterson Institute for International Economics

Peterson, United States
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News Article | May 4, 2017
Site: www.ictsd.org

ASIAN DEVELOPMENT OUTLOOK 2017: TRANSCENDING THE MIDDLE-INCOME CHALLENGE. Published by the Asian Development Bank (ADB) (April 2017). This book discusses growth statistics and future prospects for developing Asian economies, along with outlining which types of institutions and policies can help support the region’s economic transformation. The report looks at issues such as productivity growth and macroeconomic policy, among various others. To access this book, please visit the ABD website. RESOURCE TRADE EARTH. Developed by Chatham House (2017). This site aims to enable users to explore how trade in natural resources works, along with the sustainability impacts and related issues, using data from hundreds of countries and territories. The trade data is from the Chatham House Resource Trade Database and covers over 1300 types of natural resources and resource products. It also reviews the quality and limitations of this data. To access this site, please visit the Chatham House website. ATLAS OF SUSTAINABLE DEVELOPMENT GOALS 2017: FROM WORLD DEVELOPMENT INDICATORS. Published by the World Bank Group (April 2017). This atlas brings together World Bank statistics from over 200 economies, looking at various indicators related to the Sustainable Development Goals (SDGs) in order to develop a better understanding of the state of international development and the implications for people’s lives and livelihoods. To view the atlas or download it as a PDF, please visit the World Bank website. GROWTH INCLUSIVENESS IN DJIBOUTI. By Alexei P. Kireyev for the International Monetary Fund (IMF) (April 2017). This working paper examines Djibouti’s economic growth from 2002 to 2013, looking at whether its benefits have been shared equally and which parts of society have benefitted most. The author discusses policies that may help to make growth more inclusive and create opportunities in sectors with better earning potential for the country’s poorest. To download this paper, please visit the IMF website. TRUMP’S THREAT OF STEEL TARIFFS HERALDS BIG CHANGES IN TRADE POLICY. By Chap P. Bown for the Peterson Institute for International Economics (PIIE) (April 2017). This op-ed discusses the impacts of the Trump administration’s announcement to investigate whether imports of steel are a threat to US national security, examining it through the prisms of US trade law and history. To view this op-ed, please visit the PIIE website.


News Article | May 18, 2017
Site: www.ictsd.org

BUILDING SUPPLY CHAIN EFFICIENCY IN SOLAR AND WIND ENERGY: TRADE AND OTHER POLICY CONSIDERATIONS. By Veena Jha for the International Centre for Trade and Sustainable Development (ICTSD) (May 2017). This new research paper examines the latest developments in the wind and solar energy sectors, along with studying value chains for these renewable energy products. The publication includes interviews from private sector actors in this field. To download the paper, please visit the ICTSD website. TRADE IN SERVICES NEGOTIATIONS: A SOUTHERN AFRICAN PERSPECTIVE. By Nicolette Cattaneo for the International Centre for Trade and Sustainable Development (ICTSD) (May 2017). This research paper looks at the various countries of the different Southern African regional economic communities, looking specifically at the area of services negotiations at the regional and international levels. The author also provides related recommendations for supporting a greater role of services trade in supporting development efforts. The paper is available for download at the ICTSD website. THE FALLING ELASTICITY OF GLOBAL TRADE TO ECONOMIC ACTIVITY: TESTING THE DEMAND CHANNEL. By Marc Auboin and Floriana Borino for the World Trade Organization (April 2017). This WTO working paper examines the global trade slowdown in the wake of the financial crisis, trying to determine the potential factors involved, such as problems with demand or global value chains. The paper is available for download at the WTO website. CHATHAM HOUSE PRIMER: THE VOTE FOR BREXIT. By Matthew Goodwin for Chatham House (May 2017). In this video, Chatham House Senior Fellow Mathew Goodwin presents several years’ worth of survey evidence to discuss the motivations behind last year’s Brexit referendum in the United Kingdom. Goodwin explains demographic trends in the Brexit poll, analysing how class, age, and political location may have affected the way people voted. To access this video, please visit the Chatham House website. MACRON’S VICTORY SIGNALS REFORM IN FRANCE AND A STRONGER EUROPE. By Jacob Kirkegaard for the Peterson Institute for International Economics (PIIE) (May 2017). This blog post discusses the implications of the recent French presidential election in both domestic and regional terms. To view this blog, please visit the PIIE website.


News Article | April 17, 2017
Site: www.prweb.com

On April 18 and 19, the Levy Economics Institute of Bard College will gather top policymakers, economists, and analysts at the 26th Annual Hyman P. Minsky Conference on the State of the U.S. and World Economies to discuss, among many issues, the implications of the new administration’s “America First” policies, focusing on the outlook for trade, taxation, fiscal, and financial regulation measures to generate domestic investments capable of moving the growth rate beyond the “new normal” established in the aftermath of the Great Recession, without jeopardizing financial stability. The conference, “‘America First’ and Financial Stability,” is being organized by the Levy Institute and will take place Tuesday and Wednesday, April 18–19, at the Levy Economics Institute of Bard College in Annandale-on-Hudson, New York. Participants include Esther L. George, president and chief executive officer, Federal Reserve Bank of Kansas City; Eric S. Rosengren, president and chief executive officer, Federal Reserve Bank of Boston; Thomas M. Hoenig, vice chairman, Federal Deposit Insurance Corporation; Peter Praet, chief economist and executive board member, European Central Bank; Michael E. Feroli, chief U.S. economist, JPMorgan Chase & Co.; Arturo O’Connell, formerly, member of the board of governors, Central Bank of Argentina; Lakshman Achuthan, cofounder and chief operations officer, Economic Cycle Research Institute; Rana Foroohar, global business columnist, Financial Times, and global economic analyst, CNN; Michael S. Derby, special writer, The Wall Street Journal; Christian Plumb, Latin America business editor, Reuters; and Yalman Onaran, senior writer, Bloomberg News. The 2017 Minsky Conference will assess, among other issues, the impact of different financing schemes on both infrastructure investment and the return of central bank monetary policies to more neutral interest rates. Since these new policy proposals will have a global impact, the conference will focus on their implication for the performance of European and Latin American economies. The conference will include presentations by Jan Kregel, director of research, Levy Institute; Robert J. Barbera, codirector, Center for Financial Economics, The Johns Hopkins University; Fernando J. Cardim de Carvalho, senior scholar, Levy Institute, and emeritus professor of economics, Federal University of Rio de Janeiro; Scott Fullwiler, professor of economics, University of Missouri–Kansas City; Arturo Huerta González, professor of economics, Universidad Nacional Autónoma de México; Stephanie A. Kelton, research associate, Levy Institute, and professor of economics, University of Missouri–Kansas City; Paolo Savona, formerly, Italian minister of industry and president, Banco di Roma and the Fondo Interbancario di Tutela dei Depositi; Edwin M. Truman, nonresident senior fellow, Peterson Institute for International Economics; Michalis Nikiforos, research scholar, Levy Institute; and L. Randall Wray, senior scholar, Levy Institute, and professor of economics, Bard College. The Levy Economics Institute of Bard College, founded in 1986 through the generous support of the late Bard College trustee Leon Levy, is a nonprofit, nonpartisan, public policy research organization. The Institute is independent of any political or other affiliation, and encourages diversity of opinion in the examination of economic policy issues while striving to transform ideological arguments into informed debate. Press registrations should be made by calling Mark Primoff at 845-758-7412 or by sending an e-mail to primoff(at)bard.edu.


News Article | May 4, 2017
Site: www.ictsd.org

7 May, Bonn, Germany. IMPLEMENTATION OF MARKETS AND NON-MARKET PROVISIONS IN THE PARIS AGREEMENT. This meeting is being organised by the International Centre for Trade and Sustainable Development (ICTSD) and will be the fifth meeting of the project “Implementation of markets and non-market provisions in the Paris Agreement.” The informal discussions will focus on Article 6, looking at how its terms can be defined and what these alternatives can mean in practice. Expected participants include carbon market negotiators. Please note that attendance is by invitation only. For more information on this meeting, please visit the ICTSD website. 9-11 May, Geneva, Switzerland. GIS FOR A SUSTAINABLE WORLD CONFERENCE. This annual event is being jointly organised by the United Nations Operational Satellite Applications Programme (UNOSAT) and Esri. The conference will focus on how Esri’s ArcGIS platform empowers the international community to work toward the goals set forth in the 2030 Agenda for Sustainable Development. To learn more and to register, please visit the Esri website. 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. 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. 9 May: Working Group on Trade and Transfer of Technology 15 May, Washington, US, and online. FUTURE OF THE EUROPEAN ECONOMY AFTER THE FRENCH ELECTION. This webcast event is being organised by the Peterson Institute for International Economics (PIIE) and will have two discussion panels comprised of PIIE senior fellows and European experts. The panels will discuss what the 7 May French election results mean for the wider EU economy and outline recommendations for ensuring the EU’s future economic stability. This event is open to the public and will be steamed online. To learn more and watch online, visit the PIIE website. 19 May, Geneva, Switzerland, and online. TALKING DISPUTES |THE RUSSIA – PIGS (EU) DISPUTE. This event is being jointly organised by the International Centre for Trade and Sustainable Development (ICTSD) and WTI Advisors (WTIA). This event will focus on the recent World Trade Organization (WTO) Appellate Body ruling in the Russia – Pigs (EU) dispute, presenting the key findings and engaging in a discussion of the legal and policy implications, particularly regarding trade and regulatory cooperation. This event is open to the public and will be streamed online. To learn more and to register, or to watch online, please visit the ICTSD 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. 5-8 June, Manila, Philippines. ASIA CLEAN ENERGY FORUM 2017. This event is being jointly organised by the Asian Development Bank (ADB), the United States Agency for International Development (USAID), and the Korea Energy Agency. The aim of this forum will be to share best practices in policy, technology, and finance regarding clean energy, energy efficiency, and energy access, with the event having as its theme “The Future is Here: Achieving Universal Access and Climate Targets.” To learn more and to register, please visit the event 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 | May 4, 2017
Site: www.ictsd.org

NEGOTIATING GLOBAL RULES ON AGRICULTURAL DOMESTIC SUPPORT: OPTIONS FOR THE WTO’S BUENOS AIRES MINISTERIAL CONFERENCE. Published by the International Centre for Trade and Sustainable Development (ICTSD) (April 2017). This new research paper outlines a series of approaches that governments could take in negotiating a new multilateral deal on domestic agricultural support. The authors have prepared this paper in the context of the WTO’s upcoming ministerial conference, scheduled for December 2017. The document is available for download here. UNCTAD E-COMMERCE WEEK 2017. Published by the Geneva Internet Platform Digital Watch and the Internet Society (April 2017). These event reports summarise the various sessions that have taken place over the 24-28 April “E-Commerce Week” hosted by the UN Conference on Trade and Development. The event reports are available here. AGRICULTURAL POLICIES, TRADE AND SUSTAINABLE DEVELOPMENT IN EGYPT. By Isin Tellioglu and Panos Konandreas for the International Centre for Trade and Sustainable Development (ICTSD) (April 2017). This study focuses on the performance of Egypt’s farm sector in areas ranging from production to trade. The authors also look at this subject in the context of agricultural sustainability and food security, among other concerns. To download this paper, please visit the ICTSD website. INVESTMENT POLICY MONITOR – SPECIAL ISSUE. Published by the UN Conference on Trade and Development (UNCTAD) (April 2017). This special edition of UNCTAD’s Investment Policy Monitor is entitled “Promoting investment in the digital economy” and presents the findings of two studies, focusing on financing needs and investment promotion for digital development. The monitor is available for download here. IIA MAPPING PROJECT UPDATE. Published by the UN Conference on Trade and Development (UNCTAD) (April 2017). This latest update of UNCTAD’s database includes updated information on various international investment agreements, with new information provided on hundreds of these treaties. The updated database is available here. EFFECTS OF CONSUMPTION TAXES ON REAL EXCHANGE RATES AND TRADE BALANCES. By Caroline Freund and Joseph Gagnon for the Peterson Institute for International Economics (PIIE) (April 2017). This working paper analyses border-adjusted consumption taxes in 34 advanced economies from 1970 through 2015, looking at what this means for real exchange rates and trade, particularly in light of recent proposals by US Congressional Republicans. To download the full document, please visit the PIIE website. OECD ECONOMIC SURVEYS: JAPAN 2017. Published by the Organisation for Economic Co-operation and Development (OECD) (April 2017). This annual economic survey discusses the effects of Japan’s population decline and demographic landscape on areas ranging from labour supply and productivity to income and gender inequality. The paper provides assessments of the country’s recent macroeconomic performance, while looking at future opportunities and challenges in the areas of productivity and inclusive growth. To access the full survey, visit the OECD iLibrary.


News Article | May 24, 2017
Site: www.ictsd.org

WEBCAST: TALKING DISPUTES | THE RUSSIA – EU (PIGS) DISPUTE. Published by the International Centre for Trade and Sustainable Development (ICTSD). This video shows the discussions which took place on the Russia – EU (Pigs) WTO dispute during a 19 May event co-hosted by ICTSD and WTI Advisors. The video is available in full here. INVESTOR-STATE DISPUTE SETTLEMENT: REVIEW OF DEVELOPMENTS IN 2016. Published by the UN Conference on Trade and Development (UNCTAD) (May 2017). This latest edition of UNCTAD’s issues note on international investment arbitration examines the various cases and decisions issued in this field over the year 2016.  The full issues note is available for download at the UNCTAD website. 2020 PROJECTIONS OF CLIMATE FINANCE TOWARDS THE USD 100 BILLION GOAL. Published by the Organisation for Economic Co-operation and Development (OECD) (22 May 2017). This new publication aims to support the efforts underway by developing economies to meet their goal of mobilising US$100 billion in climate finance by the end of this decade for developing countries. To access the publication, please visit the OECD’s iLibrary. THE PAYOFF TO AMERICA FROM GLOBALIZATION: A FRESH LOOK WITH A FOCUS ON COSTS TO WORKERS. By Gary Clyde Hufbauer and Zhiyao Lu for the Peterson Institute for International Economics (PIIE) (May 2017). This policy brief calculates the gains for the United States from trade expansion during the period of 1950-2016, estimating these to be approximately US$2.1 trillion. The authors call for increased liberalisation in trade and improved programmes for displaced workers. To download the full document, please visit PIIE website. LEVERAGING GLOBAL PRODUCTION NETWORKS. By the Asian Development Bank (ADB) (May 2017). This study examines the potential gains for India’s new economic corridors in relation to global value chains and production networks, with the authors reviewing India’s case relative to other economies. To download this study, please visit the ADB website. AS TRUMP WEIGHS PARIS CLIMATE AGREEMENT 6 WAYS THE WORLD HAS CHANGED. By Nathan Hultman for the Brookings Institution (May 2017). This op-ed presents six key shifts in climate change in recent decades, presenting these as issues for the Trump Administration to consider as they weigh their approach to the UN’s Paris Agreement on climate change. Hultman argues that the Paris Agreement has the best structure that could be achieved while balancing international action and national needs. To view this op-ed, please visit the Brookings Institution website. STAYING CONNECTED: KEY ELEMENTS FOR UK-EU27 ENERGY COOPERATION AFER BREXIT. By Anthony Froggatt, Georgina Wright, and Matthew Lockwood for Chatham House (May 2017). This paper examines future energy policy negotiations between the UK and EU27 post-Brexit, including where the two sides may be able to reach convergence. The authors further argue in favour of establishing a new pan-European energy partnership. To download this paper, please visit the Chatham House website.


News Article | May 11, 2017
Site: www.ictsd.org

12 May, Bonn, Germany. MITIGATION ACTION THROUGH ARTICLE 6 OF THE PARIS AGREEMENT. This event on the sidelines of the mid-year UN climate talks is being co-hosted by the International Centre for Trade and Sustainable Development (ICTSD) and the Institute for Global Environmental Strategies (IGES). Negotiators on Article 6 of the Paris Agreement form selected countries and experts on carbon markets will discuss what lies ahead for the 24th session of the UN Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP24). Please note that to access the venue for this event, UNFCCC accreditation is necessary. For more information, please visit the ICTSD website. 15 May, Washington, US, and online. FUTURE OF THE EUROPEAN ECONOMY AFTER THE FRENCH ELECTION. This webcast event is being organised by the Peterson Institute for International Economics (PIIE) and will have two discussion panels comprised of PIIE senior fellows and European experts. The panels will discuss what the 7 May French election results mean for the wider EU economy and outline recommendations for ensuring the EU’s future economic stability. This event is open to the public and will be steamed online. To learn more and watch online, visit the PIIE website. 16 May, Washington, US. NEW GLOBAL AND REGIONAL TRENDS: POLITICAL AND ECONOMIC IMPLICATIONS FOR LATIN AMERICA. This event is being hosted by the Brookings Global- CERES Economic and Social Policy in Latin America Initiative and will feature a panel to discuss the implications of new global and regional trends. This panel will look at specifically at political and macroeconomic trends in the region and their ramifications across various policy areas. To learn more and to resister, please visit the Brookings Institution website. 17 May, Geneva, Switzerland. REFLECTIONS ON PROGRESS. This event is being organised by the Graduate Institute of International and Development Studies and will feature as its guest speaker Kemal Derviş, Vice President and Director for Global Economy and Development at the Brookings Institution, for a discussion on global growth and inequality. To learn more and to register, please visit the Graduate Institute 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. 17 May: Committee on Trade and Development 17 May: Committee on Trade and Development – Dedicated Session on Small Economies 18 May: Committee on Budget, Finance, and Administration 19 May, Geneva, Switzerland, and online. TALKING DISPUTES |THE RUSSIA – PIGS (EU) DISPUTE. This event is being jointly organised by the International Centre for Trade and Sustainable Development (ICTSD) and WTI Advisors (WTIA). This event will focus on the recent World Trade Organization (WTO) Appellate Body ruling in the Russia – Pigs (EU) dispute, presenting the key findings and engaging in a discussion of the legal and policy implications, particularly regarding trade and regulatory cooperation. This event is open to the public and will be livestreamed online as an interactive webcast, with viewers able to submit questions for the panel. To learn more and to register, or to watch online, please visit the ICTSD website. 22 May, Geneva, Switzerland. REFORMING FOSSIL FUEL SUBSIDIES THROUGH THE WTO AND INTERNATIONAL TRADE AGREEMENTS. This workshop is being organised by Climate Strategies, Stockholm Environment Institute (SEI) and the International Institute for Sustainable Development (IISD). This workshop will feature a panel of representatives from IISD, the International Centre for Trade and Sustainable Development (ICTSD), SEI, SWP, and the Organisation for Economic Co-operation and Development (OECD) to discuss the varied nature of fossil fuel subsidies and what this means for agreements of different configurations. For more information, please visit the ICTSD website. 31 May – 12 July, online. MASSIVE OPEN ONLINE COURSE: GREENING CONSUMPTION & PRODUCTION. This six-week facilitated course is being offered by the United Nations Development Programme (UNDP) in partnership with the National Biodiversity Strategies and Action Plans (NBSAP) Forum and The Nature Conservancy. Topics for the course will cover green consumption and production including greening key production sectors, sustainable commodity supply chains, and mainstreaming biodiversity into development planning. The course is aimed at policymakers and practitioners working in the area of sustainable consumption and production and is available in English, Spanish, and French. To learn more and to register, please visit the Nature Conservancy website. 5-8 June, Manila, Philippines. ASIA CLEAN ENERGY FORUM 2017. This event is being jointly organised by the Asian Development Bank (ADB), the United States Agency for International Development (USAID), and the Korea Energy Agency. The aim of this forum will be to share best practices in policy, technology, and finance regarding clean energy, energy efficiency, and energy access, with the event having as its theme “The Future is Here: Achieving Universal Access and Climate Targets.” To learn more and to register, please visit the event website. 7-9 June, Geneva, Switzerland. INNOVATE 4 WATER: A MATCHMAKING FORUM FOR SUSTAINABLE DEVELOPMENT BRINGING TOGETHER INNOVATORS, INVESTORS, AND EXPERTS. This two-day forum is being organised by the World Intellectual Property Organization (WIPO) GREEN, WaterVent, and WIPO GREEN partner Waterpreneurs. The aim of this forum will be to bring together individuals and organizations working in the water sector and create a space for entrepreneurs in this field to meet collaborators in related areas. To learn more and to register, please visit the WIPO GREEN website.

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