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  • 1
    Language: English
    Pages: 127 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.359
    Keywords: Economics
    Abstract: This paper assesses the importance of border and non-border policies for global economic integration. The focus is on four widely-advocated policies: removing explicit restrictions to trade and FDI; promoting domestic competition; improving the adaptability of labour markets; and ensuring adequate levels of infrastructure capital. The analysis covers FDI and trade in both goods and services, thus aiming to account for the most important channels of globalisation and dealing with most modes of cross-border services supply. It first describes trends in trade, FDI and the four sets of policies using a large set of structural policy indicators recently constructed by the OECD, including the new summary indicators for FDI-specific regulations described in Golub (2003). It then estimates the impact of policies on bilateral trade and bilateral and multilateral FDI. The results highlight that, despite extensive liberalisation over the past two decades, there is scope for further reducing ...
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  • 2
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2003, no. 1, p. 7-83
    ISSN: 1995-2856
    Language: English
    Pages: 80 p
    Parallel Title: Parallelausg. L'influence des politiques sur les échanges et l'investissement direct étranger
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2003, no. 1, p. 7-83
    Keywords: Economics
    Abstract: This paper assesses the importance of border and non-border policies for global economic integration. The focus is on four widely-advocated policies: removing explicit restrictions to trade and FDI; promoting domestic competition; improving the adaptability of labour markets; and ensuring adequate levels of infrastructure capital. The analysis covers FDI and trade in both goods and services, thus aiming to account for the most important channels of globalisation and dealing with most modes of cross-border services supply. The results highlight that, despite extensive liberalisation over the past two decades, there is scope for further reducing policy barriers to integration of OECD markets. Remaining barriers have a significant impact on bilateral trade and FDI, with anticompetitive domestic regulations and restrictive labour market arrangements estimated to curb integration as much as explicit trade and FDI restrictions. Simulating the removal of such barriers suggests that the quantitative effects of further liberalisation of trade, FDI and domestic product and labour markets on global integration could be substantial...
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  • 3
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  Revue économique de l'OCDE Vol. 2003, no. 1, p. 7-93
    ISSN: 1684-3444
    Language: French
    Pages: 89 p
    Parallel Title: Parallelausg. The Influence of Policies on Trade and Foreign Direct Investment
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2003, no. 1, p. 7-93
    Keywords: Economics
    Abstract: Ce document évalue l’importance des politiques frontalières et non frontalières pour l’intégration économique mondiale. L’étude est axée sur quatre orientations largement préconisées : supprimer les restrictions explicites du commerce et de l’IDE ; promouvoir la concurrence intérieure ; améliorer la réactivité du marché du travail ; mettre en place des équipements infrastructurels de niveau approprié. L’analyse, qui couvre l’IDE et les échanges de biens et services, s’efforce de rendre compte des principaux mécanismes de mondialisation et de traiter la plupart des modes de fourniture de services transfrontières. En dépit d’une libéralisation généralisée ces deux dernières décennies, il apparaît possible de réduire encore les obstacles de politique économique à l’intégration des marchés de l’OCDE. Les barrières qui subsistent ont un impact notable sur les flux bilatéraux d’échanges et d’IDE, et les estimations donnent à penser que les réglementations intérieures anticoncurrentielles et les dispositions restrictives du marché du travail entravent l’intégration tout autant que les restrictions explicites du commerce et de l’IDE. A en juger par des scénarios de suppression de ces obstacles, une libéralisation plus poussée des échanges, de l’IDE et des marchés intérieurs des produits et du travail pourrait avoir des effets quantitatifs considérables sur l’intégration internationale ...
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