DOES TRADE OPENNESS CONTRIBUTE TO DRIVING FINANCING FLOWS FOR DEVELOPMENT? By Jean-François Brun and Sèna Kimm Gnangnon for the World Trade Organization (March 2017). This new WTO working paper examples the relationship between trade and development financing, using data from 125 countries to examine issues such as official development assistance (ODA) and foreign direct investment (FDI). To learn more, or to download the paper, visit the WTO website.
ZOMBIE ENERGY: CLIMATE BENEFITS OF ENDING SUBSIDIES TO FOSSIL FUEL PRODUCTION. By Ivetta Gerasimchuk, Andrea Bassi, Carlos Dominguez Ordonez, Alexander Doukas, Laura Merrill, and Shelgh Whittley for the Overseas Development Institute (ODI) (February 2017). This working paper discusses how the international removal of state aid supporting fossil fuel production could help in mitigating climate change and leave unburnable carbon in the ground. This working paper brings together quantitative and qualitative knowledge on fossil fuel production subsidies in relation to their climate effects, along with featuring data-related recommendations and suggestions for potential future research. The full document is available for download at the ODI website.
US TRADE POLICY OPTIONS IN THE PACIFIC BASIN: BIGGER IS BETTER. By Jeffrey J. Schott for the Peterson Institute for International Economics (PIIE) (February 2017). This policy brief addresses US President Donald Trump’s decision to withdraw the United States from the Trans-Pacific Partnership (TPP) and his stated intention to pursue new bilateral trade pacts. Schott argues that a regional trade deal like the TPP would be more beneficial than bilateral alternatives, along with outlining recommendations for improving the TPP itself. The full document is available for download at the PIIE website.
THE ROLE OF DEVELOPMENT BANKS IN PROMOTING GROWTH AND SUSTAINABLE DEVELOPMENT. Published by the United Nations Conference on Trade and Development (UNCTAD) (December 2016). This report gives the reasoning for national development banks and shares developing country experiences with these institutions. The report calls for the establishment of new development banks and addresses related questions and concerns on the subject. The full document is available for download at the UNCTAD website.
US-MEXICO ENERGY AND CLIMATE COLLABORATION. By Duncan Wood for the Mexico Institute at the Wilson Center (27 February 2017). This policy brief looks at the progress of Mexico’s energy sector and US-Mexico relations regarding energy over the past four years. Wood proposes potential options for bilateral cooperation, including the existing forum for North American energy dialogue, which he says is a valuable resource in preparing for future trends in this field. The full document is available for download at the Wilson Center website.