Karina Fernandez-Stark, Penny Bamber, Martin Walter, 07 October 2020

Driven by the two themes of digitalisation and green technologies, the COVID-19 economic recovery packages are expected to accelerate the arrival of the new age of copper. Stemming from green infrastructure development, the widespread adoption of electric vehicles and the long-anticipated roll out of 5G, a future copper boom offers producing countries a window of opportunity to harness greater benefits from their resources. This column examines current and future trends in copper supply and demand, and discusses the mechanisms for producers to increase their value capture within the sector.

Basak Bayramoglu, Brian Copeland, Marco Fugazza, Jean-François Jacques, 21 October 2019

With fisheries resources dwindling drastically, countries are scrambling to negotiate a deal to reduce subsidies and ensure sustainable management. This column suggests that reaching a deal on fisheries subsidies may be difficult. For many resources, international spillover effects create incentives to negotiate reductions in subsidies, since one country’s subsidy worsens other exporters’ terms of trade. However, the renewable nature of fisheries arguably limits these incentives, and a comprehensive approach to negotiations including quotas and subsidies is desirable to support both fishing communities and environmental sustainability.

Vox Talks

Events

CEPR Policy Research