Volume 11 Number 23 27 June 2007

RESOURCES

NATIONAL DEVELOPMENT STRATEGY POLICY NOTES. The United Nations Department of Economic and Social Affairs (DESA), June 2007. These six notes, which were commissioned by DESA, cover major areas relevant to national development strategies: macroeconomic and growth policy, trade policy, investment and technology policy, financing development, social policy, and state-owned enterprise reform. The notes, which were prepared by experts in these fields, provide suggestions on how state governments can work toward the development goals set forth in the United Nations Development Agenda. The policy notes may be downloaded at http://esa.un.org/techcoop/policyNotes.asp.

WORKING TOGETHER: IMPROVING REGULATORY COOPERATION AND INFORMATION EXCHANGE. International Monetary Fund, June 2007. Globalization requires enhanced information flows among financial regulators, but financial sector assessments have found that problems in cooperation and information exchange constrain cross-border supervision and financial integrity oversight. This book brings together papers from a recent IMF conference in which participants discussed information exchange for an effective anti-money laundering/combating the financing of terrorism (AML/CFT) regime; the standards for cooperation in the insurance sector; and the experiences of regulators from banking, securities, and unified regulatory agencies with international cooperation. The book is available at http://www.imf.org/external/pubs/cat/longres.cfm?sk=18505.0

TRADE NEGOTIATIONS IN THE WEST AFRICAN REGION: ISSUES FOR
CONSIDERATION. South Centre, May 2007. This analytical note explores some of the main challenges that the countries of the West African region face as they negotiate an economic partnership agreement (EPA) with the EU, particularly with respect to the agreement's interfaces with WTO negotiations. The paper highlights the region's interests and aims to increase negotiators' understanding about the developmental implications of both the EPA and WTO processes. The paper is available at http://www.southcentre.org/publications/AnalyticalNotes/Other/2007May_West_Africa_Background_Note.pdf

CHINA AND INDIA: A COMPARISON OF TRADE, INVESTMENT, AND EXPANSION STRATEGIES. By Renfeng Zhao. Chatham House, June 2007. This paper summarises the conclusions of a recent workshop, hosted by Chatham House and the Japan Economic Foundation, which considered the opportunities and risks resulting from the economic expansion of China and India, with an emphasis on the implications for Japan, the UK, and the world economy. The paper concludes that India and China have come to play an increasingly weighty role in the world economy and that their expansion is having a noticeable impact on global growth, through a number of channels, with trade being arguably the strongest and most direct. The paper further asserts that, despite their very different approaches to economic development, the two countries can learn from each other in many ways. The paper is available at http://www.chathamhouse.org.uk/pdf/research/ie/010607workshop.pdf

                                                                                                               
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