WTO on the Future of Trade: It’s All about Convergence

Extracts from an address by WTO Director-General Pascal Lamy, April 24th According to the Panel, “Regulating trade opening is only one of the many challenges facing a rapidly integrating world economy. But it is also one where we already have

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UN Expects Subdued Asia-Pacific Growth in 2013

Growth in Asia-Pacific remains subdued due to the impact of persistent weaknesses and uncertainties in the developed economies, the United Nations reported last week, urging Governments to implement macroeconomic policies that focus more on inclusivity and sustainable development. The report,

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CBI: The Only Way is Exports

As official trade figures disappoint yet again, the Confederation of British Industry is unveiling a new package of export-boosting measures to help British firms unlock overseas opportunities. They include an incentivising tax break, a review of the practicalities of the

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IMF on Global Financial Security: Old Risks, New Risks

The global financial system is far more stable than it was six months ago, but a number of challenges remain. The International Monetary Fund’s latest Global Financial Stability Report says that recent rallies in financial markets will not be sustained,

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UNIDO: Nowadays it’s Tough on Tigers

Poorer developing countries may find it much harder under current conditions to foster industrial development and structural change than earlier generations of states that hauled themselves out of poverty, like the so-called Asian tigers, according to new book prepared by

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UN Report on International Investor Disputes

Foreign investors are increasingly resorting to investor-State arbitration to settle investment disputes, with a record number of cases filed last year, according to a new report released on April 10th by the United Nations Conference on Trade and Development (UNCTAD).

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IMF: The Risk Side of Exceptionally Low Interest Rates

Several years of exceptionally low interest rates and bond buying by some advanced economy central banks have improved some indicators of banks’ health while supporting the economy and financial stability, according to new research from the International Monetary Fund. In

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Dairy Price Surge Hits UN Food Price Index

A sharp surge in the price of dairy products pushed the overall costs of food one percentage point higher in March, the United Nations reported today, while world wheat production remained on track to reach its second highest level ever,

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The IMF on Low Income Country Bounce Backs

Low-income countries have bounced back in the past two decades. Analysis in the International Monetary Fund’s latest World Economic Outlook (WEO) suggests that dynamic low-income countries are on a stronger economic footing today than before the 1990s, and therefore better

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IDB Approves US$ 617 Million in Development Funding

The Islamic Development Bank (IDB) recently approved US$ 617 million towards funding development projects including  important projects in the areas of education (US$ 174 million for Indonesia), electricity (US$ 319.6 million for Iran, Uganda and Bangladesh), agriculture (US$ 80 million

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