SUSTAINABILITY PROVISIONS IN REGIONAL TRADE AGREEMENTS: CAN THEY BE MULTILATERALISED? By Peter Draper, Nkululeko Khumalo, and Faith Tigere (July 2017). This new paper is published under the RTA Exchange, an initiative jointly implemented by the International Centre for Trade and Sustainable Development (ICTSD) and the Inter-American Development (IDB). This paper looks at the sustainability provisions being included in various regional trade agreements (RTAs), along with their enforcement, including through dispute settlement. It also examines whether such provisions could be taken from the regional level to the multilateral one. The paper is available for download at the ICTSD website.
A PATH FORWARD FOR NAFTA. Edited by C. Fred Bergsten and Monica de Bolle for the Peterson Institute for International Economics (PIIE) (July 2017). This new publication brings together a group of expert contributions assessing the possible ways to develop an updated North American Free Trade Agreement (NAFTA). It also notes potential risks in the upcoming negotiations to modernise the accord, which are due to begin in August 2017. The publication is available at the PIIE website.
MAIN ECONOMIC INDICATORS, VOLUME 2017, ISSUE 1. Published by the Organisation for Economic Co-operation and Development (OECD) (July 2017). This latest instalment in the OECD series on economic indicators looks at various countries, including OECD members, Eurozone countries, and select others. Among the indicators are various trade figures, such as exports and imports of goods and services. The full publication is available online here.
REPORT TO THE TPRB FROM THE DIRECTOR-GENERAL ON TRADE-RELATED DEVELOPMENTS. Published by the World Trade Organization (WTO) (July 2017). This new report is from the WTO’s regular monitoring exercise on recent trade developments, such as new trade-restricting and trade-facilitating measures. The publication covers the period from mid-October 2016 to mid-October 2017. The full report is available for download at the WTO website.
A FIRMING RECOVERY: WORLD ECONOMIC OUTLOOK UPDATE. Published by the International Monetary Fund (IMF) (July 2017). This latest update to the IMF’s World Economic Outlook series revises past estimates on global economic growth for this year and the following, along with noting potential risks. Overall, it notes the “momentum” of the overall global economy, while also examining specific country prospects. The publication is available for download at the IMF website.