The report forecasts global economic growth to 2.6% in 2024, barely above the 2.5% threshold commonly associated with a recessionary phase. The report says the prevailing focus on inflation overshadows urgent issues like trade disruptions, climate change and rising inequalities. It advocates for structural reforms and coordinated global efforts, proposing …
The Union Budget proposal for re-imposition of five per cent import duty on naphtha for petrochemical production seems to have found its single largest casualty in West Bengal government-promoted Haldia Petrochemicals Ltd (HPL). HPL is reportedly the only major standalone petrochemical facility using naphtha as feedstock. The showpiece industrial project …
Global economic growth during the past century has lifted many into lives of unprecedented luxury.The cost has been the degradation of vital ecosystems
AFTER putting up a rather robust macroeconomic performance over the past five years, the Indian economy is now facing some challenges. One expects that the finance minister will address these challenges in a manner that the economy is able to sustain the 9% plus growth trajectory uninterrupted. First of these …
Economic growth is greatly dependent on the Government's policies in the farm sphere. Ranabir Ray Choudhury The World Development Report for 2008 focuses on "Agriculture for Development', an emphasis which appears to be specially appropriate for India. Among other things, it is well-known that overall GDP growth in this country …
The World Trade Organisation has ruled in favour of a US complaint against EU banana imports, a US trade official said. The EU has given a group of former colonies a small quota of duty-free exports to Europe, while taxing all Latin American bananas -many grown by US-based companies. The …
This report provides an overview of information on the world fertilizer situation in 2007/08 and a forecast till 2011/12. The fertilizer situation is examined in relation to crop production and factors likely to affect the latter. High commodity prices experienced over recent years led to increased production and correspondingly greater …
This paper, together with five other background studies, is a part of a broader research programme addressing trade and structural adjustment issues in non-member economies which was conducted as a follow-up to Trade and Structural Adjustment: Embracing Globalisation (OECD, 2005)which identified policies for successful trade-related structural adjustment. This paper revisits …
The World Trade Report 2007 marks sixty years of multilateralism in trade through the GATT/WTO. The report devotes some space to reviewing what theorists have to say about why governments are motivated to cooperate with one another through an institution like the WTO. The approach is multi-disciplinary and takes up …
This study on bamboo was developed by FAO and INBAR jointly in the framework of FAO’s Global Forest Resources Assessment 2005 (FRA 2005), with the aim of filling the gap in global information and providing a first, comprehensive assessment of the world’s bamboo resources.
The report looks at the circumstances in which the GATT was born and goes on to explain why governments believe it is in their interests to cooperate on trade matters. This is followed by a discussion of how the GATT/WTO as an institution can foster greater international cooperation. Finally, the …
This study aims to stimulate discussion on the elements of appropriate national legal frameworks for bioenergy, particularly in developing countries. It provides legislators and policy-makers with a methodology to assist in identifying areas of law which may affect bioenergy regulation, and in designing key elements of national bioenergy laws.
The publication describes world trade trends,and focusing on trade in merchandise and trade in commercial services. It presents detailed analytical tables, and they are introduced with a small textual description highlighting recent trade developments and issues of particular interest for readers. It is also dedicated to Metadata (sources and definitions …
This booklet is a quick source for national and trade statistics of WTO members and countries which are in the process of negotiating WTO membership. These trade profiles combine information on trade flows and trade policy measures of Members, Observers and other selected economies. The information is retrieved from various …
India’s economy is expanding at an impressive and accelerating pace. This survey reveals that businesses in most countries remain optimistic about economic prospects for the year ahead.