Archive: December 2021

Trade and Consumer Prices: The Role of Competitive Transport, Communication, and Distribution Services

| 21 December 2021
Blog, Trade | Tags: Competition, Inflation, Services Trade
The recent spike in consumer price inflation has amply demonstrated that transport, logistics and distribution play a major role in bringing goods from producers to consumers in a timely and cost-effective manner. Conversely, when choke points in the logistics supply chain arise, prices skyrocket (Figure ... continue reading

The WTO is Back in Business?

| 10 December 2021
Blog, Trade | Tags: Services Trade, Trade Governance, WTO
The building on Lake Geneva which houses the WTO stands as the symbol of the multilateral trading system and the bastion of global non-discrimination in trade governance. Meetings held under WTO auspices, whether physical or virtual, attract global participation by all trading partners. No other ... continue reading

For PBOC’s New Green Lending Tool, Transparency and Verification Are Key

| 10 December 2021
Blog, Monetary | Tags: Central Banks, China, Climate Change, Targeted Refinancing Lines
Global efforts to expedite the transition to a sustainable future require a significant shift in financial flows. The institutions governing finance play a vital role in achieving this objective. Central banks stand at the heart of this endeavor and are increasingly rising to the challenge. ... continue reading

Trade in Environmental Services – Lowering the Barriers, Seizing the Benefits

8 December 2021 10:00-11:30 CET | Online
Roundtables, Trade | Tags: Environmental Services, Green Growth, Services Trade
Major disruptions have often triggered technological revolutions and transitions to a new way of organizing production and consumption. The recovery from the Covid-19 crisis is such an opportunity for change. Technologies for a green recovery have matured over the past decade, and popular demand for ... continue reading

Postponing the WTO Ministerial Conference – Making the Unexpected Breathing Space a Turning Point

and | 6 December 2021
Blog, Trade | Tags: Agricultural Trade, Health, Services Trade, Trade Governance, WTO
The WTO 12th Ministerial Conference (MC12), which was due to take place in Geneva from 30 November – 3 December, was postponed indefinitely last minute due to new COVID-19 travel restrictions. Despite hectic activity on a rather modest agenda during the run-up to the event, ... continue reading