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Digitalisation is transforming the economy and redefining trade. Recently, members of the World Trade Organization (WTO) have started to discuss how trade policies and rules should be adapted to address this transformation. For example, in January 2019, 76 WTO members announced the launch of...
Persistent link: https://www.econbiz.de/10012119347
The European Commission unveiled the Carbon Border Adjustment Mechanism (CBAM) in July 2021 as part of its "Fit for 55" climate-policy package. The European Commission had announced this trade-policy instrument under the Green Deal in 2019 as a means of implementing more ambitious climate-policy...
Persistent link: https://www.econbiz.de/10012617513
Over the last decade, only a single projection of foreign direct investment (FDI) flows by the United Nations influential "World Investment Report" has proposed a negative outlook in the medium term. Based partly on surveys of business executives, these forecasts reflect expectations of...
Persistent link: https://www.econbiz.de/10013329441
While global investment needs are enormous in order to bolster the implementation of the 2030 Agenda for Sustainable Development, developing countries are often excluded from global foreign direct investment (FDI) flows. Beyond economic fundamentals like market size, infrastructure and labour,...
Persistent link: https://www.econbiz.de/10012119346
With a collective responsibility for 80% of global greenhouse gas emissions, while representing 80% of global wealth, it is imperative that the countries of the G20 throw their weight behind the implementation of both the Paris Climate Agree-ment and the 2030 Agenda for Sustainable Development....
Persistent link: https://www.econbiz.de/10012119405
The implementation of the 2030 Agenda for Sustainable Development requires enormous global investment. In developing countries alone, its realisation requires investment of $ 4 trillion a year (UNCTAD, 2014). Since the public sector in developing countries is often unable to mobilise sufficient...
Persistent link: https://www.econbiz.de/10012119475