Policy Briefs

Digital Trade: Top Trade Negotiation Priorities for Cross-Border Data Flows and Online Trade in Services

, , , , and | 16 September 2021
Policy Briefs, Trade | Tags: Digitalization, Services Trade, WTO
This policy brief sets out recommendations to achieve a new multilateral framework of trade rules in the digital arena, thereby facilitating continued digital transformation of services and growth in cross-border flows of data. The present moment is critical. Successful conclusion of World Trade Organization (WTO) ... continue reading

“不能永续的事物终将停止”

| 21 June 2021
Fiscal, Monetary, Policy Briefs, Second Language | Tags: Covid-19, Debt, Democracy, Environment, Financial Stability, Health Systems, Inequality, International Cooperation, Resilience
这个著名的言论来自于赫伯特 • 斯坦, 美国企业研究所的资深研究员。这句话之所以家喻户晓是因为其道理显而易见。然而,人们常常忽略,公共政策通常建立在一个截然不同的假设上,即未来可看做是现在的延续。这令人深感遗憾,因为人类未来所依赖的许多极为重要的系统正在以一种不可持续的方式演化着,并面临着终止的风险。全球的经济、政治、环境健康系统都承受着巨大的压力,也显示出崩溃的迹象。 ... continue reading

Systemic Risk Buffers – The Missing Piece in the Prudential Response to Climate Risks

| 1 June 2021
Monetary, Policy Briefs | Tags: Climate Risk, European Systemic Risk Board, Macroprudential Regulation, Systemic Risks
Climate-related financial risks can potentially destabilize the financial sector. This fact is acknowledged by the major international financial bodies – the Financial Stability Board (FSB), the Bank for International Settlements (BIS), the International Monetary Fund (IMF) – as well as by the Central Banks and ... continue reading

“If Something Cannot Go on Forever, It Will Stop“

| 1 April 2021
Fiscal, Monetary, Policy Briefs | Tags: Covid-19, Debt, Democracy, Environment, Financial Stability, Health Systems, Inequality, International Cooperation, Resilience
“If something cannot go on forever, it will stop.” This famous observation was made by Herb Stein, Senior Fellow at the American Enterprise Institute. It became famous largely because it was just that, obvious. Yet, what is no less obvious is that public policy is ... continue reading

Services Trade Governance in the Digital Economy

| 26 March 2021
Policy Briefs, Trade | Tags: Digitalization, Services Trade, Trade Policy
Services are at the frontier of the transformation to a digital economy. R&D as well as information and communication technology drive the transformation and make services more tradable across borders. The General Agreement on Trade in Services (GATS) governing global services trade was designed in ... continue reading