The University of Adelaide's Institute for International Trade is undertaking a $456,000 12-month study to identify the best trade policies for poverty reduction in the Asia Pacific region.
The project is being supported by AusAid and the World Trade Organisation (WTO), and will involve several Schools within the University of Adelaide as well as academic and business researchers throughout the region.
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The European Union is insisting that some of Africa's poorest countries accept liberalisation of services, investment and competition policy as the price of better access to the world's richest market, it emerged last night.
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The European Union is insisting that some of Africa's poorest countries accept liberalisation of services, investment and competition policy as the price of better access to the world's richest market, it emerged tonight.
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Even if South Africa is to create new jobs in the period leading up to 2015, this is unlikely to make a major dent in reducing poverty. This emerged as the central policy question (aside from differences over the extent of poverty) during a debate on poverty and inequality at last week's Trade and Industrial Policy Strategies and the University of Cape Town Development Policy Research Unit (DPRU) conference.
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Johannesburg - The presidency has commissioned the country's first national income study to help the government get a better understanding of the extent of poverty. The study, which gets under way next year, is an acknowledgment that poverty remains a central issue. The national income dynamic study will be conducted by the SA Labour Development Research Unit (Saldru) based at the University of Cape Town (UCT), rather than by Statistics SA or the Human Sciences Research Council.
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Robert Pollin, Jerry Epstein, James Heintz and Leonce Ndikumana of the University of Massachusetts-Amherst, US presented brief highlights of the major proposals from their recently published book An Employment Targeted Economic Programme for South Africa at the 2006 Forum. Pollin is a director of the Political Economy Research Institute at the University of Massachusetts-Amherst.
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Efforts by Transnet and Eskom to promote the development of local suppliers of capital goods for their infrastructure programmes aimed to address the real risk that parastatals might struggle to source some of the items they need on global markets, and would not delay the infrastructure roll out, the official responsible for driving the supplier programme said this week.
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The release of important economic data always makes headlines. But Corne van Walbeek, a senior lecturer at the University of Cape Town (UCT), warned yesterday that the statistical authorities and the financial press should treat initial releases with caution. Van Walbeek, of UCT's school of economics, raised the issue in a paper presented at a conference arranged by the Development Policy Research Unit [and Trade & Industrial Policy Strategies].
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SOME commentators believe that countries should…just do it - when it comes to unilateral trade liberalisation. It is argued, perhaps correctly, that the World Trade Organisation negotiations have become too complex, with too many players, for significant liberalisation to occur through this…multilateral-process. The answer, apparently, is unilateral tariff reductions. The assumption behind this is that free trade will simply lead to higher growth. If only things were that simple.
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Commentators say government should provide financial assistance where there is a crisis that may have significant economic and social consequences, and where temporary aid can provide breathing space for a turnaround that will set a company on a sustainable path.
