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Outlook: Disappointments, Risks, and Spillovers -- Summary and key messages -- Major economies -- Global trends and spillovers … integration and spillovers: East Asia and Pacific -- Europe and Central Asia -- Recent developments -- Outlook -- Risks -- Policy … challenges -- Box 2.2.1 Regional integration and spillovers: Europe and Central Asia -- Latin America and the Caribbean -- Recent …
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Dealing constructively with subsidies in global commerce is central to G20 leaders’ goal of reforming and strengthening the multilateral trading system. The growing use of distortive subsidies alters trade and investment flows, detracts from the value of tariff bindings and other market access...
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