Trade liberalisation is necessary but not sufficient to provide the conditions under which migration flows are significantly reduced. Co-ordinated measures must therefore be undertaken to promote technological catch-up, the development of physical infrastructure and investment in human capital....

This publication identifies the requirements for successful reallocation of labor and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it focuses on limiting adjustment costs for...

Governments around the world are increasingly intervening in automobile markets to improve fuel economy and reduce emissions of CO2 from new vehicles. This report reviews the rationale for such intervention and examines measures for maximum effectiveness and minimum cost. The Round Table brought...