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In a dynamic, rapidly liberalising and fiercely competitive international environment, Caribbean Community (CARICOM) countries see the pooling of their national efforts through the Caribbean Single Market and Economy as a central plank for overcoming...
This issue of Commonwealth Trade Hot Topics highlights some broad WTO-related factors that need to be considered as a post-Brexit UK reinstates the sovereignty of its trade policy. Given that there is uncertainty about almost every possible type of...
Outsourcing – transferring a portion of an organisation’s processes to external entities – has grown significantly over the last 20 years. Developing Commonwealth countries, such as India, Malaysia and Sri Lanka, are among the top 20 most attractive...
This report interrogates the use of risk pooling, a form of climate insurance, as a possible framework for small state climate risk management within which other complementary finance instruments may be used. It aims to offer preliminary insights to...
The prospect of the UK formulating its own trade policy following Brexit is likely to have implications for the existing Economic Partnership Agreements (EPAs) between the European Union (EU) and some African, Caribbean and Pacific (ACP) countries,...
The subject matter of sovereign contingent liability (CL) risk management has been receiving increasing attention, since it is widely acknowledged that it poses potential hidden fiscal risks. These risks arise as a result of the uncertainty of: (i)...
There is growing recognition of the vital role played by services in economic growth and development, both as separate sources of value and in conjunction with production, trade and consumption linked to manufacturing and commodities. Trade and...
This issue of Commonwealth Trade Hot Topics presents new findings from an up-to-date empirical analysis of trade costs across Commonwealth member countries and their subsequent interaction with Global Value Chain (GVC) participation, as currently...
This paper examines the interaction of the international fisheries trade regime, global value chains in tuna and socio-economic development in low-income Commonwealth countries. The first section sketches the long historical relationship between...
This paper examines global value chain (GVC) activity in the Caribbean, through the lens of newly assembled data on value added trade. It finds that GVC participation is quite weak by world standards. Moreover, connections with the large regional...
This paper examines global value chain (GVC) activity in Sub-Saharan Africa, through the lens of newly assembled data on value added trade. It finds that GVC participation is quite weak by world standards. Although there are emerging intra-regional...
This paper examines global value chain (GVC) activity in the Pacific, through the lens of newly assembled data on value added trade. It finds that GVC participation is very weak by world standards. Connections with relatively large markets like...
Since 1971, the United Nations has recognised the least developed countries (LDCs) as a group of economies with inherent characteristics that create particular economic vulnerabilities and disadvantages. In the case of the Pacific region, although...
The ‘blue economy’ is an evolving concept that recognises the need to maximise the enormous economic potential of oceans while preserving it for future generations. This paper examines the requirements for small states to effectively pursue a blue...
India’s Foreign Trade Policy of 2015–20 has the broad objective of promoting the ‘Make in India’ initiative. This policy aims at raising India’s participation in world trade, as well as increasing the domestic value-added content in India’s exports...
This issue of Commonwealth Trade Hot Topics provides some perspectives on how the current global economic environment, including the possible impact of Brexit, bears upon the effectiveness of trade in achieving the SDGs, and what can be done to...
This issue of Commonwealth Trade Hot Topics analyses ‘Brexit’ – the UK’s departure from the European Union (EU) – and shows that the effects for some Commonwealth countries may be severe unless specific actions are taken to avoid this.
The paper seeks to identify key issues and priorities for small states in the WTO in relation to advancing the Work Programme on Small Economies (WPSE), of which affirmation was made at the Nairobi Ministerial Conference. The paper provides guidance...
The single undertaking negotiating model, whereby consensus agreement must be reached on all issues on an agenda, has led to a stalemate in the Doha Round negotiations. This has led to some WTO members reaching the conclusion, reflected in paragraph...
The final paragraph of the ministerial declaration of the 10th World Trade Organization (WTO) Ministerial Conference, held in Nairobi, Kenya, created the possibility of bringing so-called ‘new issues’ to the WTO. Whilst the declaration does not...
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