The Global Economic Governance (GEG) Africa programme is a policy research and stakeholder engagement programme to strengthen the influence of pro-poor African coalitions at global economic governance fora.
As a complement to our previous blog in which we looked at a range of policy instruments to support the enabling-market approach to digital policy formation, this blog delves into some of the instruments that developing countries can use when adopting a more interventionist policy approach – the ultimate goal being ‘digital catch-up’.
In our previous blog, we looked at the two broad policy approaches that developing countries could adopt to enhance their digital preparedness: an enabling approach and a digital catch-up approach. Linked to these two approaches are various policy instruments that can be used to steer the policy implementation process.
Embracing digitalisation is not an option for countries. The digital era has arrived and its effects will increasingly be felt as time goes by. Whether the developing world will be able to grasp the unfolding opportunities and not be overwhelmed by the challenges will depend on the policies that countries formulate and the diligence with which they implement them. Left to its own devices, the digital economy will simply widen the digital divide and exacerbate countries’ economic problems.
Combatting bribery, money laundering and tax evasion should be a priority if Africa was to finance its transition to middle income status and increase prosperity, said Vera Songwe, the executive secretary of the UN Economic Commission for Africa.
The purpose of the conference was to share experiences and latest research on the contribution that financial, monetary and macroeconomic policy could make towards regional integration, resilience and development, in today’s challenging global context. The focus is particularly on the use of innovative new institutions and mechanisms emerging in Africa, Asia and Latin America.
In this article, Franklin Cudjoe, the CEO of IMANI Center for Policy & Education, examines the implications of Ghana's adoption or refusal of economic Partnership Agreement (EPA) between West Africa and the European Union.
Although global value chains (GVCs) have existed for decades now, interest in the literature has reignited in recent years, particularly since the global financial crisis. Policy makers have sought to better understand the dynamics and governance of GVCs as well as the opportunities and constraints that this type of trade poses for firms in the various stages of participation.
This study provides data on the costs and challenges of implementing trade facilitation measures currently under negotiation in the WTO. It updates an earlier study undertaken in 2005. This updated study, based on data and insights from nine additional countries, confirms earlier findings identifying the measures that present the greatest challenges to developing countries in implementing reforms. The study also confirms that the costs of putting in place and maintaining trade facilitation measures are not particularly large and are far smaller than the benefits gained from implementing these measures. Moreover, an increasing amount of technical and financial assistance to implement…
Geneva: UN chief Ban Ki-moon has nominated former Kenyan minister and Member of Parliament Mukhisa Kituyi to lead the UN’s trade and development body when the current chief steps down at the end of August.
There is a surge of interest in the implications of global value chains. These encompass a wholesale reconceptualisation of trade statistics, a renewed focus on the importance of services in economic development, and the possibilities for leveraging GVCs to drive rapid and sustainable growth in income and employment, particularly in Sub-Saharan Africa.The global value chain ‘narrative’ is contested. There is concern that it is being proffered to support the case for developed countries to bypass the WTO’s Doha Round, and that it is simply the latest effort to impose an ill-advised liberalisation agenda on developing countries.We outline a case for…
Drawing from the Sanya Declaration of the BRICS Leaders Summit held in China in 2011, five reputed policy research organisations have come together to form the Track 2 initiative called BRICS Trade and Economic Research Network (TERN) which will work on a range of issues on South-South cooperation.The five founding members Fundacao Getulio Vargas, Brazil, Eco-Accord, Russia, CUTS International, India, Shanghai WTO Affairs Consultation Centre, China and the South African Institute of International Affairs are of the view that BRICS cooperation should move from policy discussions to delivering tangible benefits for the people of these five countries, in areas of sharing technology, increase in bilateral investment and trade etc. This development comes in the run up to the BRICS Leaders Summit which will be held in Durban, South Africa in March 2013.Representing the civil society among the various stakeholders, Pradeep S. Mehta, secretary general, CUTS International said BRICS countries should…