Monetary Fund Members 153 Countries 187 Countries 187 Countries
|
|
- Priscilla Riley
- 5 years ago
- Views:
Transcription
1
2 World Trade Organization World Bank International Monetary Fund Members 153 Countries 187 Countries 187 Countries UN affiliation Purpose Head Founded Structure Not a UN specialized agency but maintains strong relations with the UN Deals with rules of trade between nations at a global or near global level. Pascal Lamy (Directory- General) 1995 Marrakech Agreement General council and sub councils A sitting observer in the UN development group To be a source of financial and technical assistance to developing nations. Robert B. Zoellick (President) Institution within the UN Ensure stability of the international monetary system Christine Lagarde (Director) (Bretton Woods conference) Each member is a shareholder represented by a Tasks are delegated to the executive board
3 All the MDGs are connected. Better management of finances and trade will lead to improvements in all areas. The most directly related MDG
4
5 Opening markets for trade But also maintaining trade barriers to protect consumers/ prevent distribution of diseases Present undesirable side effects Educate governments on trade laws and policy
6 Accounts for 97% of the world s trade Decisions made on consensus, rarely by majority Ministerial Conference (meets at least once every two years) General Council (Ambassadors and heads of state- meet several times a year) Also meet as Trade Policy and Review body and Disputes Settlement body Goods Council Services Council Intellectual Property Council
7 1) Trade Without Discrimination International: MFN treatment (non-discrimination) Domestic: National Treatment- treating foreign and local group equally 2) Gradual Freer Trade Lowering of tariffs multilaterally 3) Predictability International: Stability for the business community Domestic: Transparency 4) Fair Competition Intellectual property, tariffs, dumping (exporting at below cost to gain market share) Comparative advantage versus absolute advantage 5) Encouraging Development Special and differential treatment
8 2/3rds of members are DN By 2050 DN will account for 70% of world trade Special Provisions in GATT and GATS Extra time Increase trading opportunities (Ricardo s comparative advantage) Non reciprocal advantage Legal assistance (Advisory center on WTO law) Technical assistance Problems with S and D? Open or closed? Legal language- shall versus will
9 Safe Guards Short term, Compensation, domestic injury Countervailing duties Longer term, no compensation, caused by subsidies Amber box) Antidumping laws Longer term, most used, under pricing product to gain a larger market share Wax in China 27%
10 The Chief Executive Board: meets twice a year, heads of bodies coordinate policy action report their work back to ECOSOC ECOSOC: collaborate during the year UN Conference on Trade and Development ECOSOC in Geneva on MDGS UNITAR- development workshop
11
12 Funding projects in developing nations Fight poverty through low interest loans and interest free credit (MDG 1) Help LDCs and DN invest in health, agriculture, education and public sanitations Developing MDGs Encourage sustainable globalization
13 Board of Governors ~Meet once a year ~One from each of the 187 member nations ~Review operations and basic policies Delegate tasks to President Three managing directors 25 full time executive directors 100 country offices
14 In this organization voting power is NOT equal Nations have 250 votes initially and then can increase their number by one buying more shares in the bank (one share= one more vote) Those with larger economies normally have larger shares in the bank and thus have more voting power. Top five shares = appoint the top five executive directors Recently, under Voice Reform- Phase Two specific developing nations were given more power China, Russia and Saudi Arabia each elect their own director The rest of the directors are elected by the remaining members Nation Share (by %) USA 15.85% Japan 6.84% China 4.42% Germany 4.0% UK 3.75%
15 The International Development Association and the International Bank for Reconstruction and Development are World Bank funds. IDA- focuses on the l e a s t d e v e l o p e d c o u n t r i e s Work in the areas of climate change, gender disparity, post conflict situations, crisis and regional integration IBRD- reduces poverty in d e v e l o p i n g n a t i o n s who are credit worthy with middle income populations Works in the areas of social development, crisis, anti corruption, institutional change and creating an investment sector IDA IBRD WB
16 The World Bank has a huge project data base online here is an overview of a few examples Goal Region Project Improving labor markets Africa- Ghana Skills and technology development Health system performance South Asia- Bangladesh Improve health services for the poor Public sector governance Latin America and the Caribbean- Honduras Make structural reforms in the tax systems
17 Four pillar project Developing institutions to train workers (TVET- Technical, Vocational, Education and Training) Strengthening the science and technology sector (STI- Science, Technology and Innovation) Financing of skills and technology development program Project management, monitoring and evaluation Financier/amount: IDA (International Development Association) $70,000,000 Borrower 10,000,000
18 Enable the government of Bangladesh to strengthen health systems and improve health care for the poor Two part project: A) improve the actual services- continue on going projects and begin more B) Strengthen service delivery- response time, availability Financer/amount: IDA $358,9000,000
19 Four pillar project Closing tax loopholes, tax sector reform, improving tax administration Wage reform for civil service workers Tariffs to maintain competitiveness for state-owned electricity sector Strengthening public financial management Financier/amount: IDA $74,000,000
20 Problems Yemen s Third Public Work s Project to boost economic growth was funded by the IDA. They recently released the projects report Unemployment at 30% Health services only covered 58% of the population Only 11% of rural roads are paved Illiteracy at 46% Project Implement small, job creating infrastructure projects Use local contractors to increase flow of capital into the communities Ensure sustainability through community participation Conclusion 740,000 job opportunities created, 1,900 local contractors and 1,250 local consultants given new projects Immunization in children increased by 62%, childbirth under medical supervision reached 31% Over 100% increases in school attendance by both boys and girls Reached 68% of Yemen s rural poor
21
22 Stability! AKA the opposite of what is currently happening the in the Euro zone Dominos Gives policy advice to governments and central banks Has a major financial research component Provides loans to nations to prevent catastrophes, which could have rippling effects
23 IMF Components Surveillance Yearly appraisals of member nations Is there a risk to external stability? Most opt to publish results Technical Assistance and Training Monetary policy Fiscal policy Data collection and management Lending Difficulties rebalancing debt payments Support is normally conditional Also give low interest loans to LDCs and DNs Economic legislation
24 When a nation joins its given a quota based on its relative share of the world s economy Quota determines: Amount of financial resources a nation must provide (subscriptions) Voting power Access to financing- 200% annually 600% cumulatively SDR allocations
25
26 World Bank Bretton Woods Relationships Countries must join the IMF to be eligible for World Bank membership IMF research and strategies are implemented with the help of World Bank loans World Trade Organization IMF has observer status in WTO WTO has to consult the IMF when it deals with monetary reserves and balance of trade (GATT article 11) WTO uses IMF s research United Nations IMF supports the MDGs Poverty Reduction Papers
27 WTO- World Bank rojectid=p rojectid=p IMF- UN-
Full clear download (no formatting errors) at:
International Economics 7th Edition Gerber TEST BANK Full clear download (no formatting errors) at: https://testbankreal.com/download/international-economics-7th-editiongerber-test-bank/ International
More informationOne main book, supplementary reading Treaty collection, Global and Regional Treaties Web pages
The ITL course One main book, supplementary reading Treaty collection, Global and Regional Treaties Web pages http://www.uio.no/studier/emner/jus/jus/jus5850/h12/ http://www.wto.org/ http://ictsd.org/
More informationIntroduction to the WTO. Will Martin World Bank 10 May 2006
Introduction to the WTO Will Martin World Bank 10 May 2006 1 Issues What is the WTO and how does it work? Implications of being a member of the WTO multilateral trading system 2 WTO as an international
More informationLL.M. in International Legal Studies WTO LAW
LL.M. in International Legal Studies WTO LAW Prof. Dr. Friedl WEISS Institute for European, International and Comparative Law - University of Vienna Winter Semester 2012/13 Part II History & Institutions
More informationConcluding Remarks by the President of ECOSOC
Special High-Level Meeting of ECOSOC with the Bretton Woods institutions, the World Trade Organization and the United Nations Conference on Trade and Development (New York, ECOSOC Chamber (NLB), 12-13
More informationGLOBALIZATION S CHALLENGES FOR THE DEVELOPED COUNTRIES
GLOBALIZATION S CHALLENGES FOR THE DEVELOPED COUNTRIES Shreekant G. Joag St. John s University New York INTRODUCTION By the end of the World War II, US and Europe, having experienced the disastrous consequences
More informationAlso available as an App to download to your tablet.
Annual Report 2015 Who we are The World Trade Organization deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
More informationPART 3: Implications and Consequences of Globalization Chapter 11 - Foundations of Economic Globalization #1 (Pages )
PART 3: Implications and Consequences of Globalization Chapter 11 - Foundations of Economic Globalization #1 (Pages 180-185) Economic globalization is the process of economies throughout the world becoming
More informationCurrency Manipulation: The IMF and WTO
Order Code RS22658 May 7, 2007 Currency Manipulation: The IMF and WTO Summary Jonathan E. Sanford Specialist in International Political Economy Foreign Affairs, Defense, and Trade Division The International
More informationInternational Trade Law OLAW credits
International Trade Law OLAW0102 8 credits The course consists of 1-3 parts: a) home exam (4 credits) and b) Lectures of Yovana Reyes Tagle in November and her exam (2 credits) and c) home exam on IMF
More informationINTERNATIONAL TRADE ORGANIZATIONS
INTERNATIONAL TRADE ORGANIZATIONS GEORGIA PERFORMANCE STANDARDS: INTERNATIONAL BUSINESS MARKETING To accompany the Marketing Curriculum. CTAE Resource Network, Instructional Resources Office, 2010 MKT-MP-5:
More informationBOARDS OF GOVERNORS 2006 ANNUAL MEETINGS SINGAPORE
BOARDS OF GOVERNORS 2006 ANNUAL MEETINGS SINGAPORE INTERNATIONAL MONETARY FUND WORLD BANK GROUP INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT
More informationThe oikos Model WTO 2011: The Real Trade Simulation. Eugen Taso Master of Arts, 2011
The oikos Model WTO 2011: The Real Trade Simulation Eugen Taso Master of Arts, 2011 1 Introduction Every year, a group of 50 students from universities in Europe and around the world come together for
More informationChapter 7. Government Policy and International Trade
Chapter 7 Government Policy and International Trade First A Word About Trade Relationships Long-term relationships = 3 or more years Importance varies by country Value (% long-term US imports) Taiwan 67%,
More informationBRICS AGENDA : AN OVERVIEW
BRICS AGENDA : AN OVERVIEW OCTOBER 2016 BRICS UPDATE SUMMARY OF BRICS SUMMIT DECLARATIONS N I R A N J A N J. NAMPOOTHIRI After the investment firm Goldman Sachs posited in 2001 that the 4 countries of
More informationIMAD NAJIB FAKHOURY, JORDAN
Opening Address by the Chairman of the Boards of Governors the Hon. IMAD NAJIB FAKHOURY, Governor of the World Bank Group and the IMF for JORDAN at the Joint Annual Discussion October 13, 2017 2017 Annual
More informationInternational Business
International Business 10e By Charles W.L. Hill Copyright 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter
More informationT H E W O R L D J O U R N A L O N J U R I S T I C P O L I T Y IMF'S GOVERNANCE: IS INDIA A MERE NUMBER? Garima Garg
IMF'S GOVERNANCE: IS INDIA A MERE NUMBER? Garima Garg Rajiv Gandhi School of Intellectual Property Law, IIT- Kharagpur International Monetary Fund and IBRD are two specialized institution of United Nations
More informationSyllabus item: 176 Weight: 3
4.6 The Roles of foreign and multilateral development assistance - Foreign Syllabus item: 176 Weight: 3 IB Question Explain that is extended to economically less developed countries either by governments
More informationThe World Trade Organization...
The World Trade Organization......In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations. Its main function is to ensure
More informationIntroduction to the WTO Non-tariff Measures and the SPS & TBT Agreements
Introduction to the WTO Non-tariff Measures and the SPS & TBT Agreements Gretchen H. Stanton Agriculture and Commodities Division World Trade Organization Introduction to the WTO 1. General Introduction
More informationThe GATT WTO System: How it Works and The Challenges of Doha
The GATT WTO System: How it Works and The Challenges of Doha Patrick Low Director of Economic Research and Statistics World Trade Organization (WTO) ESCAP/WTO Fifth ARTNeT Capacity Building for Trade Research
More informationMEMORANDUM OF UNDERSTANDING
.' MEMORANDUM OF UNDERSTANDING BETWEEN INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT, INTERNATIONAL DEVELOPMENT ASSOCIATION AND INTERNATIONAL ORGANIZATION FOR STANDARDIZATION [22 FEBRUARY 2016]
More informationJapan s Actions Towards Gender Mainstreaming with Human Security in Its Official Development Assistance
Japan s Actions Towards Gender Mainstreaming with Human Security in Its Official Development Assistance March, 2008 Global Issues Cooperation Division International Cooperation Bureau Ministry of Foreign
More informationInternational Trade Agreements Spring Semester 2013 January 16 to May 10, 2013
International Trade Agreements Spring Semester 2013 January 16 to May 10, 2013 Ninth and Tenth Classes February 13/15, 2013 Professor Luis Ernesto Derbez Bautista Second Section - Trade Agreements: A Typology
More informationCapitalizing on Global and Regional Integration. Chapter 8
Capitalizing on Global and Regional Integration Chapter 8 Objectives Importance of economic integration Global integration Regional integration Regional organizations of interest Implications for action
More informationInternational Business 7e
International Business 7e by Charles W.L. Hill (adapted for LIUC09 by R.Helg) McGraw-Hill/Irwin Copyright 2009 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 6 The Political Economy of
More informationGlobalization and its Impact on Poverty in Pakistan. Sohail J. Malik Ph.D. Islamabad May 10, 2006
Globalization and its Impact on Poverty in Pakistan Sohail J. Malik Ph.D. Islamabad May 10, 2006 The globalization phenomenon Globalization is multidimensional and impacts all aspects of life economic
More informationChapter Six. The Political Economy of International Trade. Opening Case. Opening Case
Chapter Six The Political Economy of International Trade Adapted by R. Helg for LIUC 2008 Opening Case 6-2 Since 1974, international trade in the textile industry has been governed by a system of quotas
More informationGALLUP World Bank Group Global Poll Executive Summary. Prepared by:
GALLUP 2008 World Bank Group Global Poll Executive Summary Prepared by: October 2008 The Gallup Organization 901 F Street N.W. Washington D.C., 20004 (202) 715-3030 Prepared for: The World Bank 1818 H
More informationMultilateral Trading System in 2013 The Current State of Affairs & Expectations for the Short Term Bipul Chatterjee
Multilateral Trading System in 2013 The Current State of Affairs & Expectations for the Short Term Bipul Chatterjee Deputy Executive Director Outline State of Play: 8 th WTO Ministerial Conference Elements
More informationThe World Trade Organization. Alireza Naghavi
The World Trade Organization Alireza Naghavi The WTO 1948: General Agreement on Tariffs and Trade (GATT) 1995: the World Trade Organization narrow group of specialists; staff: 530 people leading symbol
More informationEU EXTERNAL ECONOMIC RELATIONS
EU EXTERNAL ECONOMIC RELATIONS Common Customs Tariff (CCT) Common Commercial Policy (CCP) R.Greaves LEGAL PERSONALITY & COMPETENCES (Article 235 TFEU) Articles 2-6 TFEU on categories and areas of Union
More informationTrade Theory and Economic Globalization
n New Horizo (Elective Economics 3 ) Parts 1 & 2 Trade Theory and Economic Globalization Exploring Economics in the News Is the f inancial tsunami unfavourable to economic globalization? News Archive The
More informationWorld Trade Organisation Law and Policy Fundamentals This course is presented in London on: 9 February 2018
World Trade Organisation Law and Policy Fundamentals This course is presented in London on: 9 February 2018 The Banking and Corporate Finance Training Specialist Course Objectives This course aims to help
More informationABC. The Pacific Alliance
ABC The Pacific Alliance 1 The Pacific Alliance Deep integration for prosperity The Pacific Alliance is a mechanism for regional integration formed by Chile, Colombia, Mexico and Peru, in April 2011. It
More information2 WTO IN BRIEF. Global trade rules
WTO IN BRIEF In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably
More informationChapter 01 Globalization
Chapter 01 Globalization True / False Questions 1. The notion that national economies are relatively self-contained entities is on the rise. 2. The shift toward a more integrated and interdependent world
More informationECON 436: International Trade TRADE ESSAY FINAL DRAFT
ECON 436: International Trade TRADE ESSAY FINAL DRAFT Question How have the recent developments within the Doha Development Agenda affect the multilateral trade negotiations amongst advance and developing
More informationCRS Report for Congress
Order Code RS22029 Updated March 17, 2005 CRS Report for Congress Received through the CRS Web The World Bank: Changing Leadership and Issues for the United States and Congress Summary Martin A. Weiss
More informationAsia and the Pacific s Perspectives on the Post-2015 Development Agenda
Ver: 2 Asia and the Pacific s Perspectives on the Post-2015 Development Agenda Dr. Noeleen Heyzer Executive Secretary United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Bangkok
More informationFuture EU Trade Policy: Achieving Europe's Strategic Goals
European Commission Speech [Check against delivery] Future EU Trade Policy: Achieving Europe's Strategic Goals 4 May 2015 Cecilia Malmström, Commissioner for Trade Washington DC Centre for Strategic and
More informationa) keeping money at home b) reducing unemployment c) enhancing national security d) equalizing cost and price e) protecting infant industry (X)
CHAPTER 3 TRADE DISTORTIONS AND MARKETING BARRIERS MULTIPLE CHOICE 1. Perhaps, the most credible argument for protectionist measures is a) keeping money at home b) reducing unemployment c) enhancing national
More informationTHE GLOBAL ECONOMIC CRISIS DEVELOPING ECONOMIES AND THE ROLE OF MULTILATERAL DEVELOPMENT BANKS
THE GLOBAL ECONOMIC CRISIS DEVELOPING ECONOMIES AND THE ROLE OF MULTILATERAL DEVELOPMENT BANKS ADDRESS by PROFESSOR COMPTON BOURNE, PH.D, O.E. PRESIDENT CARIBBEAN DEVELOPMENT BANK TO THE INTERNATIONAL
More informationWorld business and the multilateral trading system
International Chamber of Commerce The world business organization Policy statement Commission on Trade and Investment Policy World business and the multilateral trading system ICC policy recommendations
More informationGLOBAL TRADE AND MARKETING
GLOBAL TRADE AND MARKETING A Nepalese Perspective Bijendra Man Shakya Associate Professor (Economics) Shanker Dev Campus Tribhuvan University RATNA PUSTAK BHANDAR Kathmandu, Nepal CONTENTS List of Boxes
More informationInternational Economics. Dr Wioletta Nowak
International Economics Dr Wioletta Nowak Syllabus International trade and trade theories International factor movements Economic growth and economic development Inequality and poverty and foreign aid
More information4 Rebuilding a World Economy: The Post-war Era
4 Rebuilding a World Economy: The Post-war Era The Second World War broke out a mere two decades after the end of the First World War. It was fought between the Axis powers (mainly Nazi Germany, Japan
More informationSTATE GOVT S - WTO & FTA ISSUES CENTRE FOR WTO STUDIES, IIFT AUGUST 2012
STATE GOVT S - WTO & FTA ISSUES TRAINING OF TRAINER S PROGRAMME CENTRE FOR WTO STUDIES, IIFT 22-23 AUGUST 2012 OUTLINE Why should State Govt s be interested in international trade and WTO issues The context?
More informationINTRODUCTION EB434 ENTERPRISE + GOVERNANCE
INTRODUCTION EB434 ENTERPRISE + GOVERNANCE why study the company? Corporations play a leading role in most societies Recent corporate failures have had a major social impact and highlighted the importance
More information8th UNION FOR THE MEDITERRANEAN TRADE MINISTERIAL CONFERENCE. Brussels, 9 December Conclusions
8th UNION FOR THE MEDITERRANEAN TRADE MINISTERIAL CONFERENCE Brussels, 9 December 2009 Conclusions The 8th Euromed Trade Ministerial Conference was held in Brussels on 9 December 2009. Ministers discussed
More informationQuestion Answers with Explanation International Organization and Economic Theory
Question Answers with Explanation International Organization and Economic Theory 1. Consider the following statements regarding Trickle down Theory: a) It states that hydroelectric generating stations
More informationPROMOTION OF POLICY GOALS AT MULTILATERAL DEVELOPMENT BANKS
MULTILATERAL DEVELOPMENT BANK LAW Below is language referring to the multilateral development banks that was included in H.R.3057, the FY06 Foreign Operations Appropriations Bill, and signed by the President
More informationSOME FEATURES AND TRENDS OF THE WORLD TRADE IN THE GATT ERA
The USV Annals of Economics and Public Administration Volume 14, Issue 1(19), 2014 SOME FEATURES AND TRENDS OF THE WORLD TRADE IN THE GATT ERA Rozalia KICSI, Ph. D. Ștefan cel Mare University of Suceava,
More information"Capacity-Building in the Face of the Emerging Challenges of Doha and the FTAA" 27 February 2002
"Capacity-Building in the Face of the Emerging Challenges of Doha and the FTAA" 27 February 2002 THE CHALLENGES OF THE DOHA DEVELOPMENT AGENDA FOR LATIN AMERICAN AND CARIBBEAN COUNTRIES Inter-American
More informationIMPLEMENTATION OF ANTI-DUMPING MEASURES IN THE RUSSIAN FEDERATION IN THE FRAMEWORK OF THE EAEU
IMPLEMENTATION OF ANTI-DUMPING MEASURES IN THE RUSSIAN FEDERATION IN THE FRAMEWORK OF THE EAEU Scientific adviser: Оlga Sharapova Goncharova Daria Vinskaya Marina 3 rd year students Manila, 206 2 INTRODUCTION
More informationCHAPTER 12: The Problem of Global Inequality
1. Self-interest is an important motive for countries who express concern that poverty may be linked to a rise in a. religious activity. b. environmental deterioration. c. terrorist events. d. capitalist
More informationWorld Trade Organisation Law and Policy Fundamentals
World Trade Organisation Law and Policy Fundamentals This course is presented in London on: 8 June 2018 This course can also be presented in-house for your company or via live on-line webinar The Banking
More informationBOARDS OF GOVERNORS 2009 ANNUAL MEETINGS ISTANBUL, TURKEY
BOARDS OF GOVERNORS 2009 ANNUAL MEETINGS ISTANBUL, TURKEY WORLD BANK GROUP INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION
More informationINT L TRADE LAW: DOHA DECLARATION & AGRICULTURAL TRADE. Prof David K. Linnan USC LAW # 665 Unit Fourteen
INT L TRADE LAW: DOHA DECLARATION & AGRICULTURAL TRADE Prof David K. Linnan USC LAW # 665 Unit Fourteen BEYOND PILLARS DOHA MINISTERIAL DECLARATION 1. Concept of trade policy & restarting post- Uruguay
More information9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI
9: Development 9.1 Human Development Index Development improving the material conditions diffusion of knowledge and technology Measure by HDI Standard of living Access to knowledge Life expectancy 9.1
More informationCRS Report for Congress Received through the CRS Web
CRS Report for Congress Received through the CRS Web Order Code RS20139 Updated April 2, 2002 China and the World Trade Organization Summary Wayne M. Morrison Specialist in International Trade and Finance
More informationThe National Economic Council of Albania
1- Background and Context The National Economic Council of Albania by Elona Varfi, Chief of Office of Secretary General, National Economic Council ; Presented at the Public-Private Dialogue 2015 Workshop
More informationCapitalism 3.0. Dani Rodrik LSE Space for Thought Lecture June 16, 2009
Capitalism 3.0 Dani Rodrik LSE Space for Thought Lecture June 16, 2009 Capitalism 1.0: the miracle of markets Insight: the market is the most creative and dynamic economic engine known to man Textbook
More informationRepublic of Argentina G20 Presidency.
Republic of Argentina G20 Presidency www.g20.org Leading forum for international cooperation On 1 December 2017, Argentina will assume the presidency of the G20, the world s preeminent forum for economic,
More informationMy name is Ryosuke KUWANA. I am the DPR of the Mission of Japan in Geneva. I am also the chair for the Sudan s accession working party.
DAY 3: Wednesday, 22 March 2017 Role of Chairpersons in mobilizing Support for WTO accessions My name is Ryosuke KUWANA. I am the DPR of the Mission of Japan in Geneva. I am also the chair for the Sudan
More informationChapter 18 Development and Globalization
Chapter 18 Development and Globalization 1. Levels of Development 2. Issues in Development 3. Economies in Transition 4. Challenges of Globalization Do the benefits of economic development outweigh the
More informationWhich statement to you agree with most?
Which statement to you agree with most? Globalization is generally positive: it increases efficiency, global growth, and therefore global welfare Globalization is generally negative: it destroys indigenous
More informationBangladesh: towards middle-income status
Bangladesh: towards middle-income status Martin Rama Chief Economist for South Asia, the World Bank * SANEM Annual Economists Conference Dhaka, 2016 * With Miklos Bankuti. Zahid Hussain, and Fan Zhang
More informationChapter 9. The Political Economy of Trade Policy. Slides prepared by Thomas Bishop
Chapter 9 The Political Economy of Trade Policy Slides prepared by Thomas Bishop Preview International negotiations of trade policy and the World Trade Organization Copyright 2006 Pearson Addison-Wesley.
More information3) The European Union is an example of integration. A) regional B) relative C) global D) bilateral
1 International Business: Environments and Operations Chapter 7 Economic Integration and Cooperation Multiple Choice: Circle the one best choice according to the textbook. 1) integration is the political
More informationPOLI 12D: International Relations Sections 1, 6
POLI 12D: International Relations Sections 1, 6 Spring 2017 TA: Clara Suong Chapter 10 Development: Causes of the Wealth and Poverty of Nations The realities of contemporary economic development: Billions
More informationNinth WTO Ministerial Conference (Bali, Indonesia, 3-6 December 2013)
EUROPEAN COMMISSION MEMO Brussels, 29 November 2013 Ninth WTO Ministerial Conference (Bali, Indonesia, 3-6 December 2013) The Ninth World Trade Organisation (WTO) Ministerial Conference ( MC9 ) will be
More informationWorld Trade Organization. Bartosz Jarocki Ryan Jacques Ryan Craven
World Trade Organization Bartosz Jarocki Ryan Jacques Ryan Craven Presentation Outline WTO Background WTO Structure WTO Functions Benefits/Misunderstandings Criticism and Protests (video) Case Studies
More informationWORLD TRADE ORGANIZATION
WORLD TRADE ORGANIZATION WT/L/412 3 September 2001 (01-4194) Original: English JOINT STATEMENT BY THE SAARC 1 COMMERCE MINISTERS ON THE FORTHCOMING FOURTH WTO MINISTERIAL CONFERENCE AT DOHA New Delhi,
More informationTerms of Reference. Trade Negotiations and Emerging Trade Issues. Head of Section, International Trade Policy, Trade
Terms of Reference POST TITLE: LOCATION: DURATION: Trade Negotiations and Emerging Trade Issues GENEVA 21 months START DATE: 1 JULY 2018 RESPONSIBLE TO: Head of Section, International Trade Policy, Trade
More information"WTO DOHA ROUND: A CONTRIBUTION TO A FREER, FAIRER AND
"WTO DOHA ROUND: A CONTRIBUTION TO A FREER, FAIRER AND MORE SECURE TRADING SYSTEM" UNITED NATIONS ECOSOC PANEL ON WTO NEGOTIATIONS AND GLOBALIZATION NEW YORK 30 OCTOBER 2006 PASCAL LAMY DIRECTOR GENERAL
More informationBringing EU Trade Policy Up to Date 23 June 2015
European Commission Speech [Check against delivery] Bringing EU Trade Policy Up to Date 23 June 2015 Cecilia Malmström, Commissioner for Trade Brussels, European Trade Policy Day - Keynote Minister, Chairman
More informationBOARDS OF GOVERNORS 2009 ANNUAL MEETINGS ISTANBUL, TURKEY
BOARDS OF GOVERNORS 2009 ANNUAL MEETINGS ISTANBUL, TURKEY WORLD BANK GROUP INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION
More informationSUBJECT SYLLABUS ACADEMIC OVERVIEW INTERNATIONAL SCHOOL OF ECONOMIC & ADMINISTRATIVE SCIENCES
SUBJECT SYLLABUS ACADEMIC OVERVIEW INTERNATIONAL SCHOOL OF ECONOMIC & ADMINISTRATIVE SCIENCES SUBJECT NAME AND CODE: International Business PROGRAM: Bachelor of Business Administration (BBA) LEVEL OF STUDY:
More informationCOMMENTS ON L. ALAN WINTERS, TRADE LIBERALISATION, ECONOMIC GROWTH AND POVERTY
The Governance of Globalisation Pontifical Academy of Social Sciences, Acta 9, Vatican City 2004 www.pass.va/content/dam/scienzesociali/pdf/acta9/acta9-llach2.pdf COMMENTS ON L. ALAN WINTERS, TRADE LIBERALISATION,
More informationEconomic and Social Council Forum on Financing for Development follow-up (Trusteeship Council Chamber, April 2018) Draft Programme
Economic and Social Council Forum on Financing for Development follow-up (Trusteeship Council Chamber, 23-26 April 2018) Draft Programme The ECOSOC Forum on Financing for Development follow-up (FfD Forum)
More informationThe Relevance of Democracy, Human Rights, Civic Liberties and Social Justice for the G20 Process
The Relevance of Democracy, Human Rights, Civic Liberties and Social Justice for the G20 Process Yaşar Yakış 1. Introduction The G20 is mainly an economic forum while democracy, human rights, civic liberties,
More informationCRS Report for Congress
Order Code RS21478 Updated February 23, 2004 CRS Report for Congress Received through the CRS Web Thailand-U.S. Economic Relations: An Overview Wayne M. Morrison Specialist in International Trade and Finance
More informationEXERCISING QUASI-JUDICIAL REVIEW THROUGH A WORLD BANK APPELLATE BODY RUMU SARKAR
EXERCISING QUASI-JUDICIAL REVIEW THROUGH A WORLD BANK APPELLATE BODY RUMU SARKAR INTRODUCTION This critical essay examines the enduring legacy of the Bretton Woods system with a view towards suggesting
More informationIssue Brief The Doha WTO Ministerial
Nathan Associates Inc. Issue Brief The Doha WTO Ministerial OVERVIEW OF DEVELOPING COUNTRY CONCERNS Developing countries have become an increasingly vocal, and increasingly powerful, force in multilateral
More informationIDA13. The IDA Deputies: An Historical Perspective
IDA13 The IDA Deputies: An Historical Perspective International Development Association November 2001 THE IDA DEPUTIES: AN HISTORICAL PERSPECTIVE Establishment of the International Development Association
More informationSocial Studies Part 3 - Implications and Consequences of Globalization. Chapter 11 - Economic Globalization
Social Studies 10-2 Part 3 - Implications and Consequences of Globalization Chapter 11 - Economic Globalization Why are there different understandings of economic globalization? Name: Chapter 11 - Economic
More informationGlobal Economic Prospects 2004: Realizing the Development Promise of the Doha Agenda
Global Economic Prospects 2004: Realizing the Development Promise of the Doha Agenda Uri Dadush World Bank October 21, 2003 Main messages The Doha Agenda has the potential to speed growth, raise incomes,
More informationNon-Tariff Measures to Trade Economic and Policy Issues for Developing countries.
United Nations Conference on Trade and Development Non-Tariff Measures to Trade Economic and Policy Issues for Developing countries. Prepared for the WTO workshop: The Effects of NTMs on the Exports of
More informationHow Aspects of the International Economic System Impede or Enable Global Integration
Jeff Dwiggins Kapok Tree Diplomacy 04 April 2010 World Trade Organization Headquarters How Aspects of the International Economic System Impede or Enable Global Integration There are many faces of global
More informationINTERNATIONAL ECONOMICS, FINANCE AND TRADE Vol. II - Globalization and the Evolution of Trade - Pasquale M. Sgro
GLOBALIZATION AND THE EVOLUTION OF TRADE Pasquale M. School of Economics, Deakin University, Melbourne, Australia Keywords: Accountability, capital flow, certification, competition policy, core regions,
More informationChina and WTO. Negotiation for WTO membership in a changing environment. Dr. Ma Xiaoye Academy for World Watch, Shanghai
China and WTO Negotiation for WTO membership in a changing environment Dr. Ma Xiaoye Academy for World Watch, Shanghai Outline China s commitment to join WTO was based on the need for pushing domestic
More informationBerlin Roundtable Meeting
The G8 in an Endangered Global Economic and Political Climate Berlin Roundtable Meeting June 1-2, 2007 China s Development Policy in Africa 1 China s Foreign Aid Policy: What are we talking about? Lack
More informationII BRIC Summit - Joint Statement April 16, 2010
II BRIC Summit - Joint Statement April 16, 2010 We, the leaders of the Federative Republic of Brazil, the Russian Federation, the Republic of India and the People s Republic of China, met in Brasília on
More informationPART III (TRADE) TITLE I INITIAL PROVISIONS ARTICLE X.X. Establishment of a Free Trade Area ARTICLE X.X. Objectives
Disclaimer: In view of the Commission's transparency policy, the Commission is publishing the texts of the Trade Part of the Agreement following the agreement in principle announced on 21 April 2018. The
More informationSECTION THREE BENEFITS OF THE JSEPA
SECTION THREE BENEFITS OF THE JSEPA 1. Section Two described the possible scope of the JSEPA and elaborated on the benefits that could be derived from the proposed initiatives under the JSEPA. This section
More informationAlso available as an app to download to your tablet or smartphone.
Annual Report 2016 Who we are The World Trade Organization deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
More informationStatement to the Plenary by the Interim Facilitating Group for the Follow-up to Monterrey
Special high-level meeting of the Economic and Social Council with Bretton Woods Institutions and the World Trade Organization United Nations Headquarters, New York 14 April 2003 Statement to the Plenary
More informationWORLD TRADE ORGANIZATION
WORLD TRADE ORGANIZATION Committee on Regional Trade Agreements WT/REG209/1 14 March 2006 (06-1125) Original: English FREE TRADE AGREEMENT BETWEEN TURKEY AND MOROCCO The following communication, dated
More information