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Global Trade 2015

Internationalization of MSMEs crucial to inclusive growth ABAC sees the need to support and strengthen trade and investment linkages between MSMEs and big businesses, writes Doris Magsaysay Ho A tale of two unions James Bartholomeusz writes about how Brexit could break up the United Kingdom itself Africa’s uncompetitive trade deals The trade agreements that African countries enter into are in many cases undermining their development, rather than boosting it, William Gumede argues OBOR: will it reboot the Chinese economy? Pravakar Sahoo discusses the centrepiece of China's foreign policy, and looks at potential future issues Why Berlin and Paris cannot give in to Cameron Sebastian Dullien argues that British interests in protecting the integrity of the single market of 28 countries and the eurozone’s wish to move forward with more integration will inevitably clash TPP: implications for India Geethanjali Nataraj and Pravakar Sahoo examine the likely implications of the TPP on India and set out a roadmap for India to prepare itself Africa at a fork in the road: taking off or disappointment again? Ernesto Zedillo introduces an eBook he co-edited that illustrates some of the ambitious but necessary steps needed to unleash the tremendous potential of the African people towards the development of their nations The rhetoric and reality of the Trilateral and Bilateral Summits: cautious optimism The recent trilateral and bilateral meetings provides an insight into the region's future trade, security and political relations, Stephen Nagy finds The quest for financial stability, economic growth, and returns on investment in the post-crisis global economy Jonny Greenhill and Gianluca Riccio say that greater coordination is needed to strengthen the pace of what is currently a lacklustre recovery The geopolitics of the TPP: reconfiguring regional architecture in East Asia Stephen Nagy argues that the TPP reconfigures regional architecture in East Asia away from a China-centred economic framework to one that will attenuate Chinese economic domination by the bifurcation ASEAN into TPP members and non-members One court to rule them all? The EU's proposal for a world investment court Hussein Haeri writes about European Commission calls for the creation of a world investment court to resolve investor-State disputes The EU-China’s Comprehensive Agreement on Investment A successful CAI could give a welcome boost to EU-China economic and trade relations and should be warmly welcomed by business, Fraser Cameron writes Brussels’s lobbying bonanza Pia Eberhardt, Lora Verheecke and Kenneth Haar write that EU politics is heavily skewed in favour of capital and transnational corporations and that TTIP would expand their power even further China in Africa Deepanshu Mohan and P Samuel Goweh analyse the regional trade patterns of ECOWAS and EAC with the Asian dragon Economic partnership as diplomacy in East Asia Economic liberalisation and integration initiatives are the most important foreign policy strategies in East Asia, Steven CM Wong states Mega regional trade agreements and the Indian economy Bipul Chatterjee and Kyle Cote assess the potential impact of the three mega RTAs on the Indian economy, with particular focus on the TPP and TTIP Rethinking risk in an integrated Africa Christopher Wood looks at the impact of major new regional integration efforts on the continent Reform, not renegotiation Lucy Thomas says David Cameron should push for changes that benefit businesses across Europe India’s new foreign trade policy: setting its own house in order The new FTP reveals a more calculated, and perhaps long overdue, approach, Bipul Chatterjee and Chenai Mukumba argue The Maritime Silk Road – an EU perspective Fraser Cameron writes that the MSR will have a major impact on global trade and international relations, especially EU-China relations The Tripartite: what to expect from Africa’s grand free trade area Matthias Bauer and Andreas Freytag say that it is essential for African leaders to push for more inter-African integration if African economies want to become less dependent from the rest of the world Modifying China-South Africa trade South Africa is struggling to cobble together a coherent long-term trade strategy to deal with China, William Gumede writes Regulatory cooperation in TTIP An important part of the TTIP will be dedicated to the removal of non-tariff barriers, Jan Teresiński writes Explicating on the need for sub-national economic activism Tridivesh Singh Maini and Deepanshu Mohan say it is imperative for India to mature as a federation while displaying strong ‘cooperative federalism’ Is there such thing as a gender wage gap? Gender discrimination in the workforce is yesterday’s problem, suggests Ben Southwood
Human touch and the future of work Occupations that deal with complexity, supervising, assessing, deciding, teaching, but also care and personal interaction, will be most relevant in the future, Werner Eichhorst writes Creating a grand Africa-wide free trade area: overcoming challenges, taking opportunities William Gumede examines ambitious plans to create an Africa-wide free trade area
Towards a new global economic order – what does TTIP mean? The successful conclusion of TTIP negotiations would be regarded as a benchmark for future free trade agreements, Henning Vöpel and Jörn Quitzau find What future for Europe? What Europeans decide to do next will determine European’s quality of life, security and prosperity for generations to come, Benjamin Zeeb writes India-EU FTA: problems and future prospects Geethanjali Nataraj writes that once India’s new foreign trade policy is announced the FTA talks can resume The EU is listening to business’ cries for reform Lucy Thomas says there is a third way of staying in the EU, engaging with the process, and building alliances for reform TTIP and the digital economy Erik van der Marel and Matthias Bauer contend that the TTIP could be used as a good starting point for the new global digital economy Why true free traders should push for a TTIP without investment protection Sebastian Dullien says free traders should aim for a limited TTIP with all tariffs removed and some harmonisation of standards, leaving open the potential for more in the future Cents and sensibility: disputing the TTIP Hussein Haeri and David Walker write about investment protection and ISDS in the TTIP A tale of two worlds Julio Saavedra examines Latin America’s competing trade blocs and finds that the Andes mountains not only mark a mighty geographic division, but an economic policy one as well. You would do well to go west WCO Data Model: the bridgehead to connectivity in international trade The WCO is promoting the use of its Data Model, a collection of international standards on data and information required not only by Customs, but also by government agencies, in relation to the regulation of cross-border trade, Satya Prasad Sahu and Laure Tempier write
The fall of Safe Harbour and the future of transatlantic data sharing The basis of Safe Harbour has been questioned for some time, and in recent years it has become increasingly apparent that an updated privacy regime is necessary, Natasha Simmons writes
Climate change: putting a price on carbon Kurt Van Dender, Johanna Arlinghaus, Luisa Dressler, Florens Flues and Michelle Harding write that carbon taxes and emissions trading systems will play a more prominent role in the future in cutting emissions Africa’s uncompetitive trade deals The trade agreements that African countries enter into are in many cases undermining their development, rather than boosting it, William Gumede argues An opportunity to meet further challenges 2015 offers the opportunity to end poverty, reduce inequality and to avert the destructive effects of a global temperature rise, Petros Fassoulas writes Innovation, decarbonisation, and Europe’s economic transformation Martin Porter writes that it is the time for Europe to lead – not just at COP21, but in its economic approach to the industrial innovation and the transition to a new economy Economic partnership as diplomacy in East Asia Economic liberalisation and integration initiatives are the most important foreign policy strategies in East Asia, Steven CM Wong states Mega regional trade agreements and the Indian economy Bipul Chatterjee and Kyle Cote assess the potential impact of the three mega RTAs on the Indian economy, with particular focus on the TPP and TTIP People, planet and prosperity With the countdown to UN Sustainable Development Goals well underway ICC lends a helping hand for businesses to foster their implementation On the road to Paris. A global deal is our business Emma Marcegaglia has 10 recommendations to ensure success in the COP21 international climate change negotiations Muddling through won’t solve Europe’s problems Benjamin Zeeb explains why Europe has to attempt the impossible to overcome them Beyond greenwashing: when ‘business-as-usual’ means sustainability Fiona Bywaters says that with the right policies in place to facilitate innovation, business has a key role to play in securing a sustainable world for future generations Is there such thing as a gender wage gap? Gender discrimination in the workforce is yesterday’s problem, suggests Ben Southwood Human touch and the future of work Occupations that deal with complexity, supervising, assessing, deciding, teaching, but also care and personal interaction, will be most relevant in the future, Werner Eichhorst writes
What future for Europe? What Europeans decide to do next will determine European’s quality of life, security and prosperity for generations to come, Benjamin Zeeb writes What’s needed to lift growth over the longer term? The G20 Brisbane Action Plan is a reason for more optimism as we enter 2015, Jonny Greenhill and Stephan Mumenthaler write The growing importance of the G20 and the way forward: an Indian perspective India believes it is important that the G20 keeps a watch on changes in composition, nature and distribution of global imbalances and their implications, and to steer work towards their underlying causes, asserts Geethanjali Nataraj Do we have to be afraid of the future world of work? History has shown that human creativity and inventiveness are strong and will always find ways to cope with new situations, finds Werner Eichhorst The EU’s pivot to Asia Europe has steadily increased its engagement with the world’s most dynamic region and home to 60% of the global population, writes Fraser Cameron Did the crisis cause a change in globalization? Henning Vöpel and Hendrik Hüning examine the implications for international business of the change of the dynamic in globalization, which has been intensified by the damaging effect of the financial and economic crisis The world is ready for a global economic governance reform, are world leaders? Global governance will have to adapt much more significantly and quickly or else risk becoming insignificant, argue Jim O'Neill and Alessio Terzi The world in 2020 – making Europe more flexible in a changing world Jim O’Neill and Alessio Terzi argue that Europe needs to be more flexible in a changing world A business platform to shape the G20 agenda The ICC G20 CEO Advisory Group ensures the inclusion of business views in the deliberations of G20 leaders, writes the International Chamber of Commerce
Climate change: putting a price on carbon Kurt Van Dender, Johanna Arlinghaus, Luisa Dressler, Florens Flues and Michelle Harding write that carbon taxes and emissions trading systems will play a more prominent role in the future in cutting emissions SMEs in need of diversified funding options The 2015 ICC Global Survey on Trade Finance reveals that bank funding constraints remain a major obstacle for SMEs. The answer is to increase their options says, Vincent O’Brien, trade finance expert and Chair of the ICC Banking Commission Market Intelligence Group Why is China finding it hard to fight the markets? Alicia García-Herrero writes that China is sitting on a pile of debt, and the only way out is to deleverage: more pain now for sustainable growth later Climate change, conflict and the sustainable development goals In those fragile states most in need of development progress SDG 16 is central to achieving immediate and future wellbeing, Alec Crawford asserts Making the Digital Single Market a reality Andrus Ansip writes that the European Commission’s Strategy for the DSM lays down a marker for Europe’s digital future, creating a free, fair and open digital environment that is accessible to everyone North America in the world of trade Working with Canada and Mexico, America’s capacity for innovation could be harnessed to develop solutions for shared economic, environmental, and resource-based challenges, Kent Hughes asserts What globalisation needs: world-class business education As business becomes more global, so too must professional education. John Danilovich discusses the need for professional education that is relevant, reputable and accessible worldwide

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