The latest issue of IMF Economic Review, the research journal of the International Monetary Fund, is now available online for consultation and article download.
The next issue (volume 65, number 3) is a special issue on Exchange Rates and External Adjustment, featuring key papers presented at a conference organized by the Swiss National Bank.
To view the table of contents for this issue and read articles from this and other issues, visit the IMF Economic Review page at Springer: https://link.springer.com/journal/volumesAndIssues/41308
New OECD publications have been uploaded to the OECD iLibrary, a comprehensive digital repository of books, papers, and statistics from the Organisation for Economic Cooperation and Development (OECD). Titles recently added include:
These volumes and more are accessible from the OECD iLibrary by WTO staff and WTO Library patrons.
Authors: Manfred Elsig, Bernard Hoekman, Joost Pauwelyn.
PUBLIC FORUM 2017 — Session 88 : Meet the Author with the WTO Bookshop & Library
The World Trade Organization (WTO) recently celebrated twenty years of existence. The general wisdom is that its dispute settlement institutions work well and its negotiation machinery goes through a phase of prolonged crises. Assessing the World Trade Organization overcomes this myopic view and takes stock of the WTO’s achievements whilst going beyond existing disciplinary narratives. It also considers important issues such as the origins of the multilateral system, the accession process and the WTO’s interaction with other international organisations. The contributions shed new light on untold stories, critically review and present existing scholarship, and sketch new research avenues for a future generation of trade scholars. This book will appeal to a wide audience that aims to better understand the drivers and obstacles of WTO performance.
Author: Ernst Ulrich Petersmann
PUBLIC FORUM 2017 — Session 47 : Meet the Author with the WTO Bookshop & Library
This is the first legal monograph analysing multilevel governance of global ‘aggregate public goods’ (PGs) from the perspective of democractic, republican and cosmopolitan constitutionalism by using historical, legal, political and economic methods. It explains the need for a ‘new philosophy of international law’ in order to protect human rights and PGs more effectively and more legitimately. ‘Constitutional approaches’ are justified by the universal recognition of human rights and by the need to protect ‘human rights’, ‘rule of law’, ‘democracy’ and other ‘principles of justice’ that are used in national, regional and UN legal systems as indeterminate legal concepts. The study describes and criticizes the legal methodology problems of ‘disconnected’ governance in UN, GATT and WTO institutions as well as in certain areas of the external relations of the EU (like transatlantic free trade agreements). Based on 40 years of practical experiences of the author in German, European, UN, GATT and WTO governance institutions and of simultaneous academic teaching, this study develops five propositions for constituting, limiting, regulating and justifying multilevel governance for the benefit of citizens and their constitutional rights as ‘constituent powers’, ‘democratic principals’ and main ‘republican actors’, who must hold multilevel governance institutions and their limited ‘constituted powers’ legally, democratically and judicially more accountable.
Author: Richard Baldwin.
PUBLIC FORUM 2017 — Session 09: Meet the Author with the WTO Bookshop & Library
Between 1820 and 1990, the share of world income going to today’s wealthy nations soared from twenty percent to almost seventy. Since then, that share has plummeted to where it was in 1900. As Richard Baldwin explains, this reversal of fortune reflects a new age of globalization that is drastically different from the old. In the 1800s, globalization leaped forward when steam power and international peace lowered the costs of moving goods across borders. This triggered a self-fueling cycle of industrial agglomeration and growth that propelled today’s rich nations to dominance. That was the Great Divergence. The new globalization is driven by information technology, which has radically reduced the cost of moving ideas across borders. This has made it practical for multinational firms to move labor-intensive work to developing nations. But to keep the whole manufacturing process in sync, the firms also shipped their marketing, managerial, and technical know-how abroad along with the offshored jobs. The new possibility of combining high tech with low wages propelled the rapid industrialization of a handful of developing nations, the simultaneous deindustrialization of developed nations, and a commodity supercycle that is only now petering out. The result is today’s Great Convergence. Because globalization is now driven by fast-paced technological change and the fragmentation of production, its impact is more sudden, more selective, more unpredictable, and more uncontrollable. As The Great Convergence shows, the new globalization presents rich and developing nations alike with unprecedented policy challenges in their efforts to maintain reliable growth and social cohesion.
Richard Baldwin, “Professor of International Economics, Graduate Institute, Geneva and Director, Centre of Economic Policy Research (CEPR), London”
Moderator: Theresa Carpenter, Executive Director, Executive Director, Graduate Institute’s Centre for Trade and Economic Integration
http://wto.aquabrowser.com/?itemid=|WTO-Marc|1926543 or Google Books