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NAVIGATING OUT OF THE CRISIS: A TRADE-LED RECOVERY - A PRACTICAL GUIDE FOR TRADE POLICYMAKERS IN ASIA AND THE PACIFIC. The UN Economic and Social Commission for Asia and the Pacific, April 2009. The purpose of this guide is to sensitise policymakers to various trade, investment and trade facilitation policy tools that could be used to counter the economic and social impacts of the current economic and financial crisis. A regionally coordinated policy response will benefit most Asia-Pacific economies as they have grown interdependent as a result of regional integration initiatives and the establishment of intraregional supply chains. This guide is structured into seven inter-related topics: (1) national coordination for a trade-led recovery; (2) maintaining the supremacy of the multilateral trading system; (3) addressing trade financing and trade development constraints; (4) diversifying products and markets for exports; (5) enhancing South-South trade and cooperation; (6) promoting Asia-Pacific businesses for long-term competitiveness; and (7) looking beyond the crisis - positioning the Asia-Pacific region for the future. To download the publication, click here http://www.unescap.org/tid/publication/tipub2538.pdf.
BRAZIL IN THE GLOBAL ECONOMY: MEASURING THE GAINS FROM TRADE. The Carnegie Endowment for International Peace, April 2009. This study shows that the impact of increased trade on the Brazilian economy will be very small, even from a new global agreement at the WTO or from a very ambitious free trade pact with the largest developing countries. In addition, Brazil will expose its economy to stronger effects from other global policy shocks, such as world price volatility, as it opens its markets. After a careful analysis of the benefits and costs of trade liberalisation and specific trade policy choices, increased global economic engagement may still be seen as beneficial for the Brazilian economy. However, it is important in policy debates that the nature and costs of structural adjustment be taken into account and that the pattern of trade achieved serves the country’s long-term development goals. To download the publication, click here http://www.carnegieendowment.org/files/brazil_global_economy.pdf.
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