Archive: December 2022

Trade Protection – What Impact on Jobs and Wages?

and | 23 December 2022
Trade, Blog | Tags: Protectionism, Trade Liberalization, Unemployment, Wages
New research indicates that import tariffs by the US on China increased employment and wages in the targeted industries. The benefits are counterbalanced, however, by several costs to the economy as a whole. ... continue reading

Supporting the Just Transition: a Roadmap for Central Banks and Financial Supervisors

and | 22 December 2022
Monetary, Policy Briefs | Tags: Central Banks, Financial Inclusion, Financial Supervision, Inequality, Transition risks
Shifting to a sustainable economy will reshape the outlook for countries and sectors across the world. Managed well, the net zero transition could lead to more and better jobs as well as reduced risks from climate shocks. Managed poorly, however, it could result not ... continue reading

Trade in Marine Debris Collection Services

and | 15 December 2022
Trade, Policy Briefs | Tags: Biodiversity Risk, Environmental Services, Services Trade
The economic costs of marine debris to the APEC region are high. It is critical to remove restrictions on trade, investment and the temporary movement of people needed to engage in debris clean-up services. APEC Ministers have noted how environmental services are important to prevent, ... continue reading

How the State Bank of Vietnam Deals With Climate Risks

and | 13 December 2022
Monetary, Op-Eds | Tags: Central Banks, Climate Risk
In Vietnam, the central bank has successfully supported economic growth. However, by doing that, the State Bank of Vietnam (SBV) has also contributed – unintentionally – to fast-rising greenhouse gas emissions. ... continue reading