India-ASEAN Free Trade Agreement:

Size: px
Start display at page:

Download "India-ASEAN Free Trade Agreement:"

Transcription

1 India-ASEAN Free Trade Agreement: Challenges & Opportunities P. ARUNACHALAM SERIALS PUBLICATIONS NEW DELHI (INDIA)

2 Contents Preface List of Contributors ix xv 1. India ASEAN Free Trade Agreement: 1 Opportunities and Challenges P. Arunachalam 2. Asian Integration Leads to Global 40 Economic Revival M. Rajendran, R. Veerasekaran 3. Global Melt Down in U.S. Economy and 48 Its Sequences on ASEAN Countries N. Subramani 4. ASEAN A Tool for Promoting Regional 57 Connectivity V. Ramachandian, R. Veerasekaran 5. Lack of Transparency and Debate in India 63 EU Free Trade Agreement in the International Arena M. Perumal, R. Nandakumar 6. A Symmetrical Analysis of FDI Inflows 71 in to ASEAN Countries Some Evidences T. Prakash, N. Pandiarani, V. Balamurugan, J. Mohanraj 7. 'Direction of Negotiations and Paradigm 86 Shift in the Trade Among Trade Blocs' Arun Bhadauria

3 I vi India-ASEAN Free Trade Agreement 8. The Association of South East Asian 100 Nations (ASEAN) Agreement and Its Blow on Indian Economy V. Neelamagam, P. Arunachalam 9. "Impact of ASEAN Agreement on Indian 112 Economy" Under "Great Indian Economy" Series S. Vasantha 10. ASEAN-India FTA: Coconut Farmers in 128 Kerala- Lucrative or Lugubrious? V.V. Emilson, P. Arunachalam 11. ASEAN-India Economic Relations: 143 Current Status and Future Prospects S.N. Nagashree 12. ASEAN-How & What? 169 K.V. Ramachandran 13. Indo-ASEAN Co-operation and FDI in 187 Indian Some Mythis and Realities M. Dhanraj 14. Economical Growth and Impact of FTA 195 and with Other ASEAN Countries 0. M. Haja Mohideen, M. Perumal, J. Mohan Raj 15. An Outlook of Indo-ASEAN Economic Integration 207 A. Jahangir, M.S. Natarajan 16. Indo-ASEAN Free Tade Agreement and 221 Its Implication on India A. Palaniappan, Anish C. Aniyan 17. Indo-ASEAN Logistics Network: 244 An Optimistic Dilemma? Indranil Bose 18. Regional Trade Agreements: Theoretical 261 and Historical Perspectives Manju S. Nair 19. ASEAN A Tool for Improving Total Quality 273 Management in Indian Industries 1. Mariya Arul Raj

4 Contents vii 20. ASEAN-India Economic Relations Current 285 Status and Future Prospectus T. Semban, R. Subramanian 21. An Agenda for Future Prospectus. 295 of Economic Co-operation between India and ASEAN countries S. Thirumaran, T. Semban 22. Problems and Prospectus of Extended 305 Neighbourhood of FDI Among ASEAN Member Countries P. Senthil, S. Varatharasan, K. Elango, M. Ravichandran 23. India's Trade and Services Sector 325 Progress during the Liberalisation Era undesr ASEAN Summit M.Vasu 24. "A Synoptic Look on India's Merchandise 340 Exports to ASEAN Coun tries"-trerids and Protections N. Pandiarani, M. Perumal 25. Composition and Dimensions of ASEAN-, 352 International Trade R. Nandakumar, M. Perumal 26. Potentialities of Intra-Asian Trade and Foreign 360 Direct Investment Some Emerging Issues G. Ravikumar, R. Veerasekaran 27. "ASEAN" Heads Meeting in the Arena of 366 Development Process in Asian Continent T. Prakash, M. Perumal 28. A Comparative Study on AFTA and CEPT" 376 in the ASEAN Context N. Pandiarani, M. Perumal 29. Lack of Transparency and Debate in 385 India-EU Free Trade Agreement in the International Arena M. Perumal, R. Nandakumar

5 ! viii India-ASEAN Free Trade Agreement 30: ASEAN: Historical and Structural Overview 393 P. Praveen 31. "Prospects and Retrospects of ASEAN 399 International Trade"- A Synoptic Look R. Veerasekaran, S. Vivekandan, M. Perumal, Sandhanakumar 32. Regional Blocs, Trade Flows and Economic 410 Agreement in South Asia: A Discreet Analysis R. Balasubramaniyan 33. Does the Fiscal Balance Affect the Balance 431 in the Current Account in the Economy of Singapore? Kanchan Datta, Chandan Kumar Mukhopadhyay 34. Impact of Recession Economy and the 460 Economic Reforms of 1991 O.M. Haja Mohideen, M. Perumal, J. Mohan Raj 35. India-ASEAN FTA: Potential Gains and 467 Apprehensions from Indian Perspective V.K. Shobhana, D. Kamalaveni 36. ASEAN-India Free Trade Agreement: 486 Problems and Prospects P.K. Manoj 37. Social and Political Dividends from NREGA- 496 Some Analytical Issues T. Prakash, K. Devika Index 504

Regional Economic Integration in East Asia and Japan s FTA Policy. November 18, Shujiro URATA Waseda University

Regional Economic Integration in East Asia and Japan s FTA Policy. November 18, Shujiro URATA Waseda University Regional Economic Integration in East Asia and Japan s FTA Policy November 18, 2010 Shujiro URATA Waseda University Contents I. Introduction II. Market-Driven Regional Economic Integration III. A Shift

More information

USJI Event Is the TPP a Source of Cooperation or Conflict?: Japan s Perspective

USJI Event Is the TPP a Source of Cooperation or Conflict?: Japan s Perspective USJI Event Is the TPP a Source of Cooperation or Conflict?: Japan s Perspective May 17, 2012 Shujiro URATA Waseda University 1.TPP: Trans Pacific Partnership Agreement Origin: P4 (Chile, New Zealand, Singapore,

More information

Opportunities in a Challenging Global Business Environment: Can the World Avoid a Double-Dip?

Opportunities in a Challenging Global Business Environment: Can the World Avoid a Double-Dip? Opportunities in a Challenging Global Business Environment: Can the World Avoid a Double-Dip? Ross DeVol Chief Research Officer (310) 570 4615 rdevol@milkeninstitute.org www.milkeninstitute.org Presentation

More information

United Nations Conference on Trade and Development. TRADE AND DEVELOPMENT BOARD (62nd session)

United Nations Conference on Trade and Development. TRADE AND DEVELOPMENT BOARD (62nd session) United Nations Conference on Trade and Development TRADE AND DEVELOPMENT BOARD (62nd session) Geneva, 14-25 September 2015 Item 6: Evolution of the international trading system and its trends from a development

More information

European and Japanese Multinationals and their subsidiary trade in host; Facts and features Japan-EU Conference on November Brussels, Belgium

European and Japanese Multinationals and their subsidiary trade in host; Facts and features Japan-EU Conference on November Brussels, Belgium European and Japanese Multinationals and their subsidiary trade in host; Facts and features Japan-EU Conference on November 17 2014 Brussels, Belgium ANDO, Ken-ichi, Professor, Department of Economics,

More information

East Asian Regionalism

East Asian Regionalism East Asian Regionalism Min Shu Waseda University 2018/1/15 1 Outline of the lecture Regional cooperation and regionalism: an overview Economic regionalization and regionalism in East Asia Understanding

More information

Paul Bingham Managing Director, Global Trade and Transportation February 18, 2009

Paul Bingham Managing Director, Global Trade and Transportation February 18, 2009 Economic Outlook and Ports Paul Bingham Managing Director, Global Trade and Transportation February 18, 2009 The Outlook for Trade Depends on Goods Demand Integrated international supply-chains offer efficiencies

More information

The Australia US FTA: implications for international education

The Australia US FTA: implications for international education The Australia US FTA: implications for international education Prepared for The Path to Cultural Understanding and Development 18th IDP Australian International Education Conference, Sydney 5-8 October

More information

RTAs: Facts and Figures

RTAs: Facts and Figures RTAs: Facts and Figures WTO/ESCAP Regional Seminar on the WTO and Regional Trade Agreements (RTAs) for Asian Economies Bangkok, Thailand 25 27 27 July2011 Objectives of the Seminar Increase participants'

More information

Setting the scene The ICT landscape in BRIC countries

Setting the scene The ICT landscape in BRIC countries 1 Setting the scene The ICT landscape in BRIC countries / Disclaimer The views expressed are those of the presenter and may not in any circumstances be regarded as stating an official position of the European

More information

QUARTERLY REPORT July - September Quarter SERIES NO. SDT:

QUARTERLY REPORT July - September Quarter SERIES NO. SDT: QUARTERLY REPORT July - September Quarter SERIES NO. SDT: 21-146 i Table 1: Value of Domestic Exports, Re-exports, Imports and Balance of Trade by Month...1 Table 2: Balance of Trade by Institutional Sector...1

More information

Understanding Services at the Heart of a Competitive Economy - An ABAC Initiative

Understanding Services at the Heart of a Competitive Economy - An ABAC Initiative 2011/SOM3/GOS/024 Agenda Item: VI. 1 Understanding Services at the Heart of a Competitive Economy - An ABAC Initiative Purpose: Information Submitted by: ABAC 46 th Group on Services Meeting San Francisco,

More information

Trade Growth - Fundamental Driver of Port Operations and Development Strategies

Trade Growth - Fundamental Driver of Port Operations and Development Strategies Trade Growth - Fundamental Driver of Port Operations and Development Strategies Marine Terminal Management Training Program October 15, 2007 Long Beach, CA Paul Bingham Global Insight, Inc. 1 Agenda Economic

More information

South Asia. Economy and trade. Shailesh Garg Director General Manager Drewry Maritime Services Pvt. Ltd

South Asia. Economy and trade. Shailesh Garg Director General Manager Drewry Maritime Services Pvt. Ltd South Asia Economy and trade 10 October 2018 Shailesh Garg Director General Manager Drewry Maritime Services Pvt. Ltd. +91 124 497 4950 shailesh@drewry.co.uk Agenda Global & regional overview Country overview

More information

COMMENTS ON THE INDUSTRIAL POLICY: THE CASE OF TURKEY

COMMENTS ON THE INDUSTRIAL POLICY: THE CASE OF TURKEY MINISTRY OF DEVELOPMENT, REPUBLIC OF TURKEY COMMENTS ON THE INDUSTRIAL POLICY: THE CASE OF TURKEY Umut GÜR Head of Department of Industry 10 May 2013 Panel on Industrial Policies, TEPAV, Ankara 1 1923

More information

Trade in North-East Asia: State of Play

Trade in North-East Asia: State of Play Trade in North-East Asia: State of Play Andrea Goldstein ESCAP Sub-regional Office for North-East Asia Incheon, ROK Outline North-East Asia economies are open by global and Asian standards Trade growth

More information

Organized Session 3: Protectionism and BRICS economies

Organized Session 3: Protectionism and BRICS economies ASIA-PACIFIC RESEARCH AND TRAINING NETWORK ON TRADE ARTNeT CONFERENCE ARTNeT Trade Economists Conference Trade in the Asian century - delivering on the promise of economic prosperity 22-23 rd September

More information

Avoiding the Blind Alley China s Economic Overhaul and its Global Implications

Avoiding the Blind Alley China s Economic Overhaul and its Global Implications Avoiding the Blind Alley China s Economic Overhaul and its Global Implications Daniel Rosen Partner dhrosen@rhg.com NYU Stern China Research Luncheon New York December 1, 2014 10 East 40 th Street, Suite

More information

National Responses to the Eurozone Crisis

National Responses to the Eurozone Crisis National Responses to the Eurozone Crisis Which Labour Market Reform Strategy? Germany, Netherlands, Spain and Ireland Introduction What has been the policy response of European and national actors to

More information

De-Globalization: Does That Word Mean What You Think it Means?

De-Globalization: Does That Word Mean What You Think it Means? De-Globalization: Does That Word Mean What You Think it Means? Presentation to 35 Annual Monetary & Trade Conference Mykyta Vesselovsky, Ph.D. Office of the Chief Economist Global Affairs Canada April

More information

The future of aid: six big trends. Stephen Howes Development Policy Centre Crawford School of Public Policy Australian National University

The future of aid: six big trends. Stephen Howes Development Policy Centre Crawford School of Public Policy Australian National University The future of aid: six big trends Stephen Howes Development Policy Centre Crawford School of Public Policy Australian National University 1. Declining ODA volumes 1960 1962 1964 1966 1968 1970 1972 1974

More information

The Rise of China and Breaking out the Middle- Income Trap in Latin America and the Caribbean countries: A New Structural Economics Approach

The Rise of China and Breaking out the Middle- Income Trap in Latin America and the Caribbean countries: A New Structural Economics Approach The Rise of China and Breaking out the Middle- Income Trap in Latin America and the Caribbean countries: A New Structural Economics Approach Justin Yifu Lin Senior Vice President and Chief Economist The

More information

MYANMAR TRADE MISSION INDUSTRY 30 MARCH 2018

MYANMAR TRADE MISSION INDUSTRY 30 MARCH 2018 1 MYANMAR TRADE MISSION INDUSTRY 30 MARCH 2018 2 Dates & Venue 30th March 2018-9 am to 7 pm Novotel Yangon Max - 459 Pyay Road - Kamayut T/S - Yangon - Myanmar Objectives Prospect Myanmar market Show your

More information

TitleChina Factor and Economic Developme.

TitleChina Factor and Economic Developme. TitleChina Factor and Economic Developme Author(s) Lin, Chu-chia Citation Issue 2010-04 Date Type Presentation Text Version publisher URL http://hdl.handle.net/10086/18553 Right Hitotsubashi University

More information

REGIONALIZATION IN LATIN AMERICA: TRADE, INVESTMENT, AND FIRM BEHAVIOR. Barbara Stallings Brown University July 15, 2006

REGIONALIZATION IN LATIN AMERICA: TRADE, INVESTMENT, AND FIRM BEHAVIOR. Barbara Stallings Brown University July 15, 2006 REGIONALIZATION IN LATIN AMERICA: TRADE, INVESTMENT, AND FIRM BEHAVIOR Barbara Stallings Brown University July 15, 26 SUMMARY OF PRESENTATION Introduction Historical background Intra-regional trade flows

More information

Promoting Competitiveness in Latin America and the Caribbean. Panel: International Trade and. Gabriel Duque Deputy Foreign Trade Minister

Promoting Competitiveness in Latin America and the Caribbean. Panel: International Trade and. Gabriel Duque Deputy Foreign Trade Minister Promoting Competitiveness in Latin America and the Caribbean Panel: International Trade and Global Integration Ministry of Trade, Industry and Tourism Gabriel Duque Deputy Foreign Trade Minister Mexico

More information

Table of Contents. Acknowledgements... vii Abbreviations and Acronyms... ix Overview... xi

Table of Contents. Acknowledgements... vii Abbreviations and Acronyms... ix Overview... xi Table of Contents Acknowledgements... vii Abbreviations and Acronyms... ix Overview... xi Chapter 1. 2008 A Year of Wild Fluctuations in the Global Economy...1 Introduction...1 The Triple Crisis Fuel-Food-Financial...1

More information

Colonialism, Self-Rule, and the Asian Tigers

Colonialism, Self-Rule, and the Asian Tigers Colonialism, Self-Rule, and the Asian Tigers Tracing the Drivers Behind 50 Years of Economic Success Han Sheng Chia We are Singapore There was a time when people said That Singapore wouldn t make it But

More information

Why Has Trade Stopped Growing?:

Why Has Trade Stopped Growing?: Why Has Trade Stopped Growing?: Not Much Liberalization and Lots of Micro-Protection Gary Hufbauer and Euijin Jung Peterson Institute for International Economics April 20, 2016 Peterson Institute for International

More information

China s Industrial Capabilities and Trade

China s Industrial Capabilities and Trade China s Industrial Capabilities and Trade Loren Brandt Thomas Rawski June 16, 2005 Key Facts: China, 2003 Population: 1.3 billion (1 st ) GNP: $US 1.4 trillion (3 rd ) Foreign Trade: $US 850.1 (3rd) GNP

More information

OUTLOOK FOR GLOBAL ECONOMIC GROWTH AND TRADE IMPACTING GRAIN MARKETS

OUTLOOK FOR GLOBAL ECONOMIC GROWTH AND TRADE IMPACTING GRAIN MARKETS OUTLOOK FOR GLOBAL ECONOMIC GROWTH AND TRADE IMPACTING GRAIN MARKETS SALEEM SHAIK, & FRAYNE OLSON, NDSU &???? OUTLINE General Economic Growth & Trade World regions and U.S. Importance of Agriculture Trade

More information

China s energy insecurity: strategies and future prospects

China s energy insecurity: strategies and future prospects China s energy insecurity: strategies and future prospects Philip Andrews-Speed Centre for Energy, Petroleum and Mineral Law and Policy, University of Dundee Andrews-Speed 1 Energy supply & demand 1,800.00

More information

Challenges for the International Trade System Tokyo, Japan, May 28, Shang-Jin Wei Professor, Columbia University

Challenges for the International Trade System Tokyo, Japan, May 28, Shang-Jin Wei Professor, Columbia University Challenges for the International Trade System Tokyo, Japan, May 28, 2018 Shang-Jin Wei Professor, Columbia University Useful to think of Short-term challenges Medium-term challenges Long-term challenges

More information

Comments on Restoring Mexico s International Reputation, by Roberto Newell, at Woodrow Wilson May 31, 2011

Comments on Restoring Mexico s International Reputation, by Roberto Newell, at Woodrow Wilson May 31, 2011 Comments on Restoring Mexico s International Reputation, by Roberto Newell, at Woodrow Wilson May 31, 2011 Carlos Hurtado* * General Manager, Southern Cone Countries, Inter American Development Bank The

More information

Overview of the Philippines Action Plan for AEC Emmanuel F. Esguerra Deputy Director-General National Economic and Development Authority

Overview of the Philippines Action Plan for AEC Emmanuel F. Esguerra Deputy Director-General National Economic and Development Authority Overview of the Philippines Action Plan for AEC 2015 Emmanuel F. Esguerra Deputy Director-General National Economic and Development Authority Marriot Hotel, Newport City 8 October 2014 Outline AEC 2015

More information

Global trade: how does it look?

Global trade: how does it look? Edmonton, December 2018 Global trade: how does it look? Marie-France Paquet The Office of the Chief Economist Global Affairs Canada Overview 1. Canadian economy at a glance 2. Provincial economy at a glance

More information

China at a glance 2011

China at a glance 2011 China at a glance 2011 GDP PPP Growth rate Per capita Value US$11.29 trillion 9.2% US$8,400 Ranking 3 7 119 Labor force Imports Exports Value 816.2 million US$1.74 trillion US$1.90 trillion Ranking 1 3

More information

Cost and Benefit Analysis of Possible Philippine Participation in the Trans-Pacific Partnership Agreement

Cost and Benefit Analysis of Possible Philippine Participation in the Trans-Pacific Partnership Agreement Cost and Benefit Analysis of Possible Philippine Participation in the Trans-Pacific Partnership Agreement (available at: http://www.gii.ncr.vt.edu/docs/gii_wp2014-1.pdf) Caesar B. Cororaton and David Orden

More information

International Trade Economic Forecasts An Overview of Orange County and Southern California Exports

International Trade Economic Forecasts An Overview of Orange County and Southern California Exports International Trade Economic Forecasts An Overview of Orange County and Southern California Exports Mira Farka Adrian R. Fleissig Institute for Economic and Environmental Studies Orange County / Inland

More information

Major Issues and Trends Facing the Port and Marine Transportation Industry

Major Issues and Trends Facing the Port and Marine Transportation Industry Major Issues and Trends Facing the Port and Marine Transportation Industry Presented to: AAPA Marine Terminal Management Training Program April 24, 2006 Charleston Riverview Hotel Charleston, SC - USA

More information

Local systems, Europe and globalisation: How to get it right?

Local systems, Europe and globalisation: How to get it right? Local systems, Europe and globalisation: How to get it right? Jean-Paul Fitoussi Professor, IEP Paris President, OFCE «Culture and Knowledge: Local Systems in a Global Context» European Colloquia Prague,

More information

US-China Trade Conflict: Dejavu or New One

US-China Trade Conflict: Dejavu or New One US-China Trade Conflict: Dejavu or New One Lessons From US-Japan Trade Conflict in 1980s and 1990s Tamotsu Nakamura & Yoichi Matsubayashi Plan of Talk 1. US-Japan Trade Conflict in Retrospect 2. Similarities

More information

The U.S. Economic Outlook

The U.S. Economic Outlook The U.S. Economic Outlook Nigel Gault Chief U.S. Economist, IHS Global Insight FTA Revenue Estimation & Tax Research Conference Charleston, West Virginia October 17, 2011 What Has Happened to the Recovery?

More information

MIDDLE EAST ENERGY SITUATION AND OUTLOOK IRAQ ENERGY FORUM 2017

MIDDLE EAST ENERGY SITUATION AND OUTLOOK IRAQ ENERGY FORUM 2017 MIDDLE EAST ENERGY SITUATION AND OUTLOOK IRAQ ENERGY FORUM 2017 2017 1 OVERVIEW OF GLOBAL ENERGY MARKETS 2 Energy exports/imports (million tonnes) 1990 1995 2000 2005 2010 2014 2015 2020 2025 2030 2035

More information

2019 Global Travel Forecast: Air, Hotel and Ground Prices

2019 Global Travel Forecast: Air, Hotel and Ground Prices 2019 Global Travel Forecast: Air, Hotel and Ground Prices Methodology 28 countries and 10 US cities Airlines, Hotel, Rental Car Forecast in USD, guidelines on currency exchange forecast Forecast projections

More information

Inland Empire International Trade Economic Forecast

Inland Empire International Trade Economic Forecast Inland Empire International Trade Economic Forecast Mira Farka Adrian Fleissig Institute for Economic and Environmental Studies Orange County / Inland Empire Regional SBDC Network California State University,

More information

China and Latin America: Opportunities and Challenges

China and Latin America: Opportunities and Challenges China and Latin America: Opportunities and Challenges Alicia García-Herrero - Chief Economist Emerging Markets Economic Research Department BBVA Medellin, IADB Annual Meetings, March 2009 1 Contents China

More information

The Material Basis of the Global Economy

The Material Basis of the Global Economy ESEE 2005 17 June 2005, Lisbon The Material Basis of the Global Economy Implications for Sustainable Resource Use Policies in North and South Arno Behrens, Stefan Giljum, Jan Kovanda, Samuel Niza arno.behrens@seri.at

More information

Seven Lean Years Explaining Persistent Global Economic Weakness

Seven Lean Years Explaining Persistent Global Economic Weakness Seven Lean Years Explaining Persistent Global Economic Weakness 9 June 2015 Bank of Canada and European Central Bank Conference Tim Lane Deputy Governor Bank of Canada The global economy remains weak and

More information

Lost in Translation: (In)Coherence Between Agricultural and Development Policy

Lost in Translation: (In)Coherence Between Agricultural and Development Policy Lost in Translation: (In)Coherence Between Agricultural and Development Policy Eugenio Díaz-Bonilla Agricultural Trade Policy in the U.S. Can reform advance domestic policy objectives and sustainable development?

More information

Perspektiven für den globalen Handel

Perspektiven für den globalen Handel Perspektiven für den globalen Handel Alexander Keck* Chief, Global Economic Analysis WTO Konferenz Weltmärkte im Wandel Ifo Institut und Wirtschaftsdienst Berlin, 5. Dezember 2017 * This presentation has

More information

The World and U.S. Economy and San Pedro Bay Container Trade Outlook Forecast Review

The World and U.S. Economy and San Pedro Bay Container Trade Outlook Forecast Review The World and U.S. Economy and San Pedro Bay Container Trade Outlook Forecast Review Michael Keenan Harbor Planning and Economic Analyst Port of Los Angeles October 5, 2009 Review of 2007 Container Trade

More information

Susan J. Adams, PhD IMF-PFTAC Coordinator

Susan J. Adams, PhD IMF-PFTAC Coordinator A MACROECONOMIC PORTRAIT OF THE PACIFIC: A Presentation for PEGASeS August 16, 2007 Susan J. Adams, PhD IMF-PFTAC Coordinator Compiled by the IMF Asia and Pacific Department Edited by PFTAC OUTLINE OF

More information

18 th May Global Steel Industry Trends: Is the perception the reality?

18 th May Global Steel Industry Trends: Is the perception the reality? 18 th May 2004 Global Steel Industry Trends: Is the perception the reality? Investors have perceived the steel industry negatively Poor returns over the long term, high volatility, relatively small size

More information

Trade and Economic Trends

Trade and Economic Trends Trade and Economic Trends Marine Terminal Management Training Program Paul Bingham Managing Director, Global Commerce & Transportation IHS Global Insight Long Beach, CA September 21, 2009 The Global Recession

More information

The Economic Outlook. Economic Policy Division

The Economic Outlook. Economic Policy Division The Economic Outlook Economic Policy Division Glass Half Full Six plus years of moderate growth Real GDP Outlook Percent Change, Annual Rate 10 5 0-5 -10 1980 1985 1990 1995 2000 2005 2010 2015 Glass Half

More information

Chapter 4: Changing Economic Structures of the Asian Economies

Chapter 4: Changing Economic Structures of the Asian Economies FINALLY REVISED August, 2008 Chapter 4: Changing Economic Structures of the Asian Economies Chapter 4: Changing Economic Structures of the Asian Economies 4.1 Selected Structural Parameters of the Asian

More information

Achieving the Sustainable Development Goals In the Islamic Republic of Iran

Achieving the Sustainable Development Goals In the Islamic Republic of Iran Achieving the Sustainable Development Goals In the Islamic Republic of Iran Prof. Jeffrey D. Sachs Director of the UN Sustainable Development Solutions Network Amirkabir University of Technology June 5,

More information

Future Global Trade Trends - Risks & Opportunities. Pulse of the Ports: Peak Season Forecast March 21, 2013

Future Global Trade Trends - Risks & Opportunities. Pulse of the Ports: Peak Season Forecast March 21, 2013 1 Future Global Trade Trends - Risks & Opportunities Pulse of the Ports: Peak Season Forecast March 21, 2013 June 2012 Dr. Walter Kemmsies Chief Economist Summary Higher economic growth in 2013, possible

More information

The Mystery of Growing Foreign Exchange Reserve

The Mystery of Growing Foreign Exchange Reserve The Mystery of Growing Foreign Exchange Reserve January - March 2007 Total increase = $136 Billion Trade surplus 34% To be explained 54% Net FDI inflow 12% Source: PBoC Renminbi Pressure Indicator Initial

More information

Preparation of this document

Preparation of this document iii Preparation of this document This document reviews and analyses published literature, grey literature, and personal communications on the social, economic and environmental impacts of tilapias in the

More information

Fish for Food : The Great Crossover Future prospects and Issues for the Australian Fishing Sector

Fish for Food : The Great Crossover Future prospects and Issues for the Australian Fishing Sector Fish for Food : The Great Crossover Future prospects and Issues for the Australian Fishing Sector George Kailis Professor of Management School of Business: Fremantle ABARE 2009 The Great Crossover In 2007-8

More information

Global Financial Crisis and Fisheries in Southeast Asia. Glenn I. Ymata Southeast Asia Fish for Justice Network Jakarta, Indonesia July 28-29, 2009

Global Financial Crisis and Fisheries in Southeast Asia. Glenn I. Ymata Southeast Asia Fish for Justice Network Jakarta, Indonesia July 28-29, 2009 Global Financial Crisis and Fisheries in Southeast Asia Glenn I. Ymata Southeast Asia Fish for Justice Network Jakarta, Indonesia July 28-29, 2009 The Artisanal Fisheries in 1.Artisanal fishing operations

More information

The Chinese Economy: Myths and Realities

The Chinese Economy: Myths and Realities The Chinese Economy: Myths and Realities Lawrence J. Lau, Ph. D. President and Ralph and Claire Landau Professor of Economics The Chinese University of Hong Kong and Kwoh-Ting Li Professor in Economic

More information

Regional and global financial safety nets: the recent European experience and its implications for regional cooperation in Asia

Regional and global financial safety nets: the recent European experience and its implications for regional cooperation in Asia WORKING PAPER ISSUE 06 2017 Regional and global financial safety nets: the recent European experience and its implications for regional cooperation in Asia ZSOLT DARVAS ABSTRACT This paper compares financial

More information

When Bad Things Happen to Good Property

When Bad Things Happen to Good Property When Bad Things Happen to Good Property Table of Contents Biographies...xi Foreword....xvii Chapter 1: Introduction Part I: Real Estate I. Did Something Bad Happen to Your Property?........ 1 II. Scope

More information

India: Can the Tiger Economy Continue to Run?

India: Can the Tiger Economy Continue to Run? India: Can the Tiger Economy Continue to Run? India s GDP is on the rise US$ trillions Nominal GDP (left axis) GDP growth (right axis) 3.0 2.5 2.0 1.5 1.0 0.5 0.0 1990 1992 1994 1996 1998 2000 2002 2004

More information

2018(?) FARM BILL DISCUSSION

2018(?) FARM BILL DISCUSSION 2018(?) FARM BILL DISCUSSION Jonathan Coppess Gardner Agricultural Policy Program ISPFMRA Annual Meeting (February 8, 2018) www.farmdocdaily.illinois.edu www.farmdoc.illinois.edu Part 1. FARM BILL HISTORICAL

More information

Global Economic Outlook. Kellie Maske, Sr. Economics Fellow FedEx Corporate Economics September 2011

Global Economic Outlook. Kellie Maske, Sr. Economics Fellow FedEx Corporate Economics September 2011 Kellie Maske, Sr. Economics Fellow FedEx Corporate Economics U.S. Outlook: Moderate Growth Overall 6 4 US Real GDP Growth 2 % Change 0 (2) (4) Forecast (6) (8) Bars = QOQ% Annualized Line = YOY% (10) 2005

More information

São Paulo, 23 April 2007

São Paulo, 23 April 2007 1/38 BRAZIL AND CANADA: TRADE FUNDAMENTALS AND PROSPECTS FOR FURTHER COOPERATION São Paulo, 23 April 2007 Durval de Noronha Goyos Jr. Noronha Advogados São Paulo, Rio de Janeiro, Brasília, Curitiba, Porto

More information

Telling Canada s story in numbers Elizabeth Richards Analytical Studies Branch April 20, 2017

Telling Canada s story in numbers Elizabeth Richards Analytical Studies Branch April 20, 2017 Recent Developments in the Canadian Economy: How have the decline in oil prices and a weaker Canadian dollar affected Canada s economy? www.statcan.gc.ca Telling Canada s story in numbers Elizabeth Richards

More information

The Israeli Economy 2009 The Caesarea Center Conference

The Israeli Economy 2009 The Caesarea Center Conference The Israeli Economy 2009 The Caesarea Center Conference Provost, Interdisciplinary Center (IDC) Herzliya The Big Issues The broken crystal ball A crisis that happens once in 100 years From a country oriented

More information

US imports from emerging economies have grown rapidly

US imports from emerging economies have grown rapidly US imports from emerging economies have grown rapidly Ratio to GDP (current dollars) 0.07 US merchandise imports, 1978 2008 0.06 0.05 0.04 0.03 0.02 Industrial Non-OPEC other 0.01 0 OPEC = Organization

More information

Can Manufacturing Still be a Driver of

Can Manufacturing Still be a Driver of Can Manufacturing Still be a Driver of Inclusive Growth? Robert Z Lawrence Albert L Williams Professor of Trade and Investment Harvard Kennedy School Senior Fellow, MasterCard Center for Inclusive Growth

More information

Henley Global Masterclasses 2017 Henley Business School, Greenlands, Henley-on-Thames Friday 12 May 2017

Henley Global Masterclasses 2017 Henley Business School, Greenlands, Henley-on-Thames Friday 12 May 2017 The End of the Golden Era for Global Investing Prof Sotiris Tsolacos International Capital Markets Association (ICMA) Centre and School of Real Estate & Planning Henley Global Masterclasses 2017 Henley

More information

The Future of the World s International Education

The Future of the World s International Education The Future of the World s International Education long-term driving forces or trends that influence almost everything at all levels of societal development. They have great importance now, and we are relatively

More information

Key Humanitarian and Development Trends

Key Humanitarian and Development Trends Key Humanitarian and Development Trends Mikaela Gavas Centre for Aid and Public Expenditure Christina Bennett Humanitarian Policy Group Overseas Development Institute The new global context for development

More information

How Capitalism Was Built

How Capitalism Was Built How Capitalism Was Built The Transformation of Central and Eastern Europe, Russia, and Central Asia Anders Åslund Senior Fellow Peterson Institute for International Economics Washington, DC, September

More information

Global economic cycle has slowed

Global economic cycle has slowed Year-on-year % change Confidence index, 50= no change Global economic cycle has slowed 25% 70 20% International trade growth 65 15% 10% Industrial production growth 60 5% 55 0% 50-5% Business confidence

More information

Challenges in Expanding Regional Cooperation in Northeast Asia. Marcus Noland Peterson Institute and East-West Center November 2008

Challenges in Expanding Regional Cooperation in Northeast Asia. Marcus Noland Peterson Institute and East-West Center November 2008 Challenges in Expanding Regional Cooperation in Northeast Asia Marcus Noland Peterson Institute and East-West Center November 2008 Key messages Transformation better understood as an unintended response

More information

MANAGEMENT PROGRAMME

MANAGEMENT PROGRAMME No. of Printed Pages : 8 MS-97 MANAGEMENT PROGRAMME Term-End Examination December, 2012 MS-97 : INTERNATIONAL BUSINESS Time: 3 hours Maximum Marks : 100 (VVeightage 70%) Note : There are two Sections A

More information

Further Opening Up and Reform of China s Capital Market

Further Opening Up and Reform of China s Capital Market Further Opening Up and Reform of China s Capital Market Haizhou Huang January 7, 2016 China economy and capital market: Finding new normal 1 Macro: We expect China GDP to grow 6.9% in 2015 and 6.8% in

More information

United Nations Conference on Trade and Development

United Nations Conference on Trade and Development United Nations Conference on Trade and Development 11 th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 15-16 April 2019, Geneva Saudi economic growth strategy on the face of oil price uncertainty

More information

The economic outlook for Latin America in a world full of risks

The economic outlook for Latin America in a world full of risks The economic outlook for Latin America in a world full of risks David Anthony Senior Economist, Latin America and the Caribbean Director, Country Risk Alerts Outline of presentation International context

More information

Building on Kyoto: Towards a Realistic Global Climate Change Agreement and What Australia Should Do

Building on Kyoto: Towards a Realistic Global Climate Change Agreement and What Australia Should Do Building on Kyoto: Towards a Realistic Global Climate Change Agreement and What Australia Should Do Warwick J. McKibbin & Peter J. Wilcoxen ANU Public Lecture, 3 July 2008 Overview Climate Science Lessons

More information

FISHERY PRODUCTS (JAPANESE TRUST FUND VI)

FISHERY PRODUCTS (JAPANESE TRUST FUND VI) I. INTRODUCTION REPORT OF THE REGIONAL CORE EXPERT MEETING ON COMBATING IUU FISHING IN SOUTHEAST ASIAN REGION THROUGH APPLICATION OF CATCH CERTIFICATION FOR INTERNATIONAL TRADE IN FISH AND FISHERY PRODUCTS

More information

Airlines, the economy and air transport demand

Airlines, the economy and air transport demand Airlines, the economy and air transport demand Brian Pearce, Chief Economist, IATA www.iata.org/economics Airline Industry Economics Advisory Workshop 2016 1 Returns for airlines investors lower this year;

More information

An overview of Turkey s developmental journey: full side and empty side of the glass

An overview of Turkey s developmental journey: full side and empty side of the glass tepav Economic Policy Research Foundation of Turkey An overview of Turkey s developmental journey: full side and empty side of the glass Esen CAGLAR 13 June 2011, Cairo An overview of Turkey s developmental

More information

Dr Mahfuz Kabir. Senior Research Fellow, BIISS, Dhaka

Dr Mahfuz Kabir. Senior Research Fellow, BIISS, Dhaka Trend, Potential and Diversification of Exports Dr Mahfuz Kabir Senior Research Fellow, BIISS, Dhaka 11 December 2011 Introduction Post-liberation period of Bangladesh witnessed progressive improvement

More information

Energy Outlook Global and Domestic Trends and Challenges. Dr. John Caldwell Director of Economics, EEI 1

Energy Outlook Global and Domestic Trends and Challenges. Dr. John Caldwell Director of Economics, EEI 1 Energy Outlook Global and Domestic Trends and Challenges Dr. John Caldwell Director of Economics, EEI 1 World GDP Growth Other Economies are Outpacing the U.S. Other, 7996.16, 11% Africa, 3962.51, 6% Latin

More information

International Economic Shocks and the Challenges of International Corporations

International Economic Shocks and the Challenges of International Corporations RIETI Policy Symposium International Economic Shocks and the Challenges of International Corporations Ryuhei Wakasugi Research Counselor, RIETI Professor Kyoto University and Keio University R. Wakasugi

More information

PORTUARIA DE LA REGIÓN?

PORTUARIA DE LA REGIÓN? HACIA DÓNDE VA LA INDUSTRIA MARÍTIMO- PORTUARIA DE LA REGIÓN? A.P. Moller - Maersk overview TRANSPORT & LOGISTICS DIVISION DAMCO ENERGY DIVISION APM TERMINALS MAERSK OIL MAERSK DRILLING MAERSK CONTAINER

More information

Alloy Production Is Brazil Back Online?

Alloy Production Is Brazil Back Online? Alloy Production Is Brazil Back Online? Singapore, March 23 rd, 2016 No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means electronic,

More information

Poland: Europe s economic outperformer. Piotr Bujak Chief Economist at Nordea Bank Polska PKO Bank Polski Group. Copenhagen, 29 April 2014

Poland: Europe s economic outperformer. Piotr Bujak Chief Economist at Nordea Bank Polska PKO Bank Polski Group. Copenhagen, 29 April 2014 Poland: Europe s economic outperformer Piotr Bujak Chief Economist at Nordea Bank Polska PKO Bank Polski Group Copenhagen, 29 April 2014 Poland crisis-proof economic front-runner 300 250 200 % Cumulated

More information

Warming up for a Green Future. Foresight

Warming up for a Green Future. Foresight Warming up for a Green Future Foresight I am optimistic about the future There are massive opportunities for private sector led Green Growth There are too many obstacles to have a performing business environment

More information

Climate Change & India

Climate Change & India Climate Change & India New Delhi How has India warmed over the past 117 years? How the temperatures have increased seasonally? How far away we are from 1.5 degree C target? Methodology 117 years (1901-1916)

More information

Financial Stability Implications of Changing Global Finance: Policy Panel Global Finance in Transition

Financial Stability Implications of Changing Global Finance: Policy Panel Global Finance in Transition Financial Stability Implications of Changing Global Finance: Policy Panel Global Finance in Transition May 7 and 8, 2013 İstanbul, Turkey Outline 1 The Financial System 2 Weak Growth 3 4 5 Unprecedented

More information

PROGRESS IN PHOTOTHERMAL AND PHOTOACOUSTIC SCIENCE AN D TECHNOLOGY

PROGRESS IN PHOTOTHERMAL AND PHOTOACOUSTIC SCIENCE AN D TECHNOLOGY PROGRESS IN PHOTOTHERMAL AND PHOTOACOUSTIC SCIENCE AN D TECHNOLOGY Editor ANDREAS MANDELIS Director Photoacoustic and Photothermal Sciences Laboratory Department of Mechanical Engineerin g University of

More information

The structure of the euro area recovery

The structure of the euro area recovery The structure of the euro area recovery Rolf Strauch, Chief Economist JPMorgan Investor Seminar, IMF Annual Meetings Washington, October 2017 The euro area: a systemic player in global trade Trade openness

More information

THE CYPRUS PEACE DIVIDEND REVISITED: A productivity and sectoral approach

THE CYPRUS PEACE DIVIDEND REVISITED: A productivity and sectoral approach THE CYPRUS PEACE DIVIDEND REVISITED: A productivity and sectoral approach Fiona Mullen Alexander Apostolides Mustafa Besim Ankara, 9 June 2014 1 The Cyprus Peace Dividend Revisited A productivity & sector-based

More information