economic growthPublication - Monday, April 26, 2010
Approaches to Fostering Productivity Growth in Brazil, China and India
Productivity growth is a significant contributor to GDP growth, particularly to increases in per capita income. However, there is considerable ambiguity regarding how to measure the concept of technical progress, and consequently on policies that would foster productivity growth. Brazil, China and India, three important emerging economies, are seeking to foster productivity growth through encouraging innovation and technology transfers from the more developed economies. But given the ambiguities
about how to encourage innovation and technology transfers, governments in these countries adopted a plethora of policies in the hope that the combination will be effective.
Publication - Tuesday, December 1, 2009
Participation of Small Developing Economies in the Governance of the Multilateral Trading System
Given their vulnerability to external economic events, small developing countries (SDEs) are particularly cognizant of their place in the world economy. Moreover, given their reliance on international trade for prosperity, SDEs are also concerned about the rules and institutions governing the multilateral trading system. In this paper, the author reviews and evaluates the participation of SDEs in the governance of the multilateral trading system, with a particular focus on the World Trade Organization ( WTO). He suggests how SDEs can improve the efficacy of their participation in the WTO’s decision-making process, and proposes ways in which the WTO could be adapted to better integrate SDEs in its governance.