IMF Meetings Highlight Improved Prospects for Global Economy

Volume
18,
Number
14
-
17 April 2014
17 April 2014
World trade is expected to grow this year by 4.7 percent, WTO economists announced this week, exceeding earlier predictions for 2014. While these numbers show a noticeable improvement over the past two years, they still lag well below the 20-year average for trade growth. The 4.7 percent prediction...
17 April 2014
Improved trade and global growth estimates are cause for cautious optimism, officials at the International Monetary Fund (IMF) Spring Meetings said last weekend, while urging countries to adopt structural reforms to boost growth and reduce unemployment. The Washington gathering - which focused...
17 April 2014
Australian officials have reiterated their hopes that a bilateral trade deal with China can be concluded by November, despite reports of limited progress during last week's high-level meetings. The comments came at the end of Australian Prime Minister Tony Abbott's tour of North Asia, which...
17 April 2014
The UN panel on climate change released findings from a new report on climate mitigation on Sunday, indicating that manmade greenhouse gas (GHG) emissions have ballooned more quickly between the years 2000-2010 than in any of the three previous decades. Should current policies continued unchanged,...
17 April 2014
China has formally appealed a WTO panel ruling that had upheld a 2012 US law allowing Washington to impose anti-subsidy tariffs - known formally as countervailing duties - on subsidised goods from non-market economies. Arguing that the US law, known as the GPX Act, was inconsistent with WTO rules,...
17 April 2014
The EU's 28 member states have backed the imposition of definitive anti-dumping and countervailing duties on Chinese imports of solar glass, according to news reports. The product is used primarily, but not exclusively, in the manufacturing of solar panels. Last week's decision, reported by Reuters...
17 April 2014
The US has filed a conditional notice of appeal in its WTO dispute with China over the latter's restrictions on rare earths exports, despite having been awarded victory in most aspects of the case. The US submission cites procedural issues in the panel's consideration of evidence - while not...
17 April 2014
IMPROVING THE INTERNATIONAL INVESTMENT LAW AND POLICY REGIME: OPTIONS FOR THE FUTURE. By Karl P. Sauvant and Federico Ortino for the Ministry for Foreign Affairs of Finland (2013). This paper discusses key features of the international investment law and policy regime. The authors outline its...
17 April 2014
Coming Soon 18 April, Tokyo, Japan. ASIA AND JAPAN: TRADING INTO THE FUTURE. This Asian Development Bank Institute event, co-hosted with the Research Institute of Economy, Trade, and Industry (RIETI), will feature a panel discussion of trade experts who will analyse the latest developments in trade...