Six years after the Global Crisis, the recovery is still anaemic despite years of near-zero interest rates and extraordinary central bank manoeuvres. This eBook gathers the thinking of leading economists on whether ‘secular stagnation’ to blame.
The Aid for Trade (AFT) initiative has been successful in mobilising funding to aid developing countries – in particular, the least developed – cope with the cost of implementing Uruguay Round commitments. However, whether the aid has really made a difference in their ability to take part in world trade growth remains unclear. This CEPR Press book shows how the wealth of available methods helps to confront the conceptual and measurement difficulties in identifying causal relationships from interventions to outcomes.
The World Trade Organisation is one of the most successful instances of multilateral cooperation post-WWII. Yet WTO negotiators have yet found a way to break the recent deadlock on key elements such as the market access and rule-making dimensions on the agenda since 2001. This new CEPR Press book suggests the adoption of a ‘supply chain framework’ that could help to help mobilise greater support for concluding the Doha Round and provide a basis to use the WTO as a forum for learning from regional initiatives.
This CEPR Press book shares the results of a series of policy-oriented think pieces on energy policy. The chapters deal with various facets of the energy policy challenges Europe as a region and European countries are likely to face in the foreseeable future.
The Eurozone’s very high public debts entail either a long drawn out reduction process, likely to last decades, or a one-off debt restructuring. This Geneva Special Report presents a plan that would allow deep debt restructuring without cross-country transfers and that deals with moral hazard.