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Trade liberalisation is not a self-contained, abstract end in itself. Rather, it is one of key components of what must be a coherent set of policies aimed at achieving a durable improvement in living standards. OECD work on benefits of trade liberalisation seeks to clarify the channels through which trade openness influences economic outcomes in OECD and non-OECD countries. In tandem with qualitative analysis of various policy options it provides quantitative estimates of impacts of liberalisation as they affect different economic actors, sectors and regions.
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04-Nov-2008
There is today a great interest in understanding how governments can promote innovation and the benefits it brings, as evidenced by the discussions at the OECD Ministerial Council Meeting in 2007. To gain a better understanding of how trade and investment patterns and policies affect innovation performance, and interact with other key policies influencing innovation capacity, the Trade Committee has undertaken a Trade and Innovation Project …
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08-Oct-2008
This paper uses firm-level data to identify FDI spillovers across countries and sectors. A positive interaction is found between trade liberalisation and productivity spillovers.
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30-Sep-2008
The benefits of an open multilateral trading system are increasingly being questioned. Despite strong growth in international trade and investment, multilateral liberalisation faces considerable challenges and is becoming ever more elusive.
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