OECD countries face at least five major challenges for promoting policies that are consistent with their development goals: . ensuring security and political stability; . anticipating the impacts of their macroeconomic policies on developing-country growth; . increasing both market access and...

S’ils veulent promouvoir des politiques cohérentes par rapport à leurs objectifs de développement, les pays de l’OCDE devront relever au moins cinq grands défis : . garantir la sécurité et la stabilité politique ; . anticiper les effets de leurs politiques macroéconomiques sur la...

• Tariffs still matter. • Full tariff liberalisation to 2010 would generate dynamic welfare gains of $1 200 billion (at 1995 prices), equivalent to 3 per cent of World GDP in 2010, from greater efficiency and higher productivity. • Developing countries stand to gain relatively more from...

Aid and trade policies – in OECD countries and in developing countries – might reinforce each other to promote development, or they might be substitutes: the sign of the correlation between trade and aid flows depends on the context. East Asia’s rapid growth demonstrates the important...

• Les droits de douane : une question toujours d’actualité. • Une libéralisation totale des droits de douane d’ici à 2010 – entraînant des progrès dans l’efficacité et la productivité – se traduirait par des gains de bien-être de l’ordre de 1 200 milliards de dollars (aux...

Dans les pays de l’OCDE comme dans les pays en développement, l’aide et les politiques commerciales peuvent se conforter mutuellement au bénéfice du développement, ou se substituer les unes aux autres. La manifestation d’une corrélation entre flux commerciaux et flux d’aide dépend...

This paper examines the relationship between foreign trade and foreign direct investment (FDI) in selected Latin American and Southeast Asian economies in the period 1970 - 94. The hypothesis of complementarity|substitution between FDI and foreign trade is tested using bivariate VECM models and...

With concern about how to finance the Millennium Development Goals (MDGs) widespread, recent donor pledges to raise aid volumes are welcome. However, aid alone will not suffice – bringing in new actors and sources of development finance will be essential. In many developing countries, this is...

. Political commitment is the key ingredient needed for economic take-off and long-term growth. Poor countries will be unable to escape the vicious circle of poverty unless they and the international community join forces. . Inappropriate financial policies can lead to a decline in and poor...

• There are benefits from Latin American pension reform, but they have been overestimated. • The approaches taken in second-generation reforms and their still early results hold lessons for OECD and non-OECD countries alike. • A partial shift to funding is feasible and can be financed in...