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By Ziyaad Ebrahim, IIT PhD Candidate and Independent Trade and Development Consultant.
Africa is poised to be the next epicentre of the COVID-19 pandemic, according a report by the United Nations Economic Commission for Africa (UNECA). It suggests that in the best-case scenario, the virus would result in 300,000 deaths. At this stage, the mortality rate associated with the virus in the most affected regions is higher amongst the elderly population, whereas 60% of Africa’s population is below the age of 25.
26 May, Peter Horn (Austrade General Manager, Europe) and Alison Burrows (Chief Negotiator, EU-Australia FTA) spoke in a webinar on Europe and Australia: Seizing the opportunity for recovery and bounceback
Australia has acted with dismay to China’s decision to impose punitive mostly “anti-dumping” tariffs of 80.5% on imports of Australian barley. The culmination of an 18-month investigation, China’s move threatens to wipe out Australian barley exports to China, worth A$600 million in 2019, unless China withdraws the measure either unilaterally or following a successful challenge at the World Trade Organisation (WTO). However poorly justified, there are precedents for what China has done, many of them from Australia.
by Milton Churche and Michael Mugliston, visiting fellows, Institute for International Trade, The University of Adelaide
COVID-19 has presented the world with both a major health and economic crisis. These crises have so far revealed a lack of leadership at the international level, thereby preventing a concerted response in the way that we have often seen in previous crises.
Richard Pomfret - Professor of Economics & Jean Monnet Chair Economics of European Integration, The University of Adelaide
As COVID-19 curves flatten globally and policymakers’ attention turns to resuming economic activity safely, attention is inevitably focused on domestic matters. What is the trade-off between the economic costs of caution that delays economic revival and the health costs of over-hasty removal of measures that are holding back the spread of the virus?
On 9 May the EU celebrates peace and unity in Europe. It marks the anniversary of the day in 1950, when Robert Schuman, the then French foreign minister and former German soldier, set out his idea for a new form of political cooperation in Europe, which would make war between Europe's nations unthinkable.
Simon Lacey, Senior Lecturer, Institute for International Trade
We are all looking forward to restarting our economy or getting out from under the doona as Prime Minister Scott Morrison colourfully put it. And we are all hoping for a return to the work lives, social existences, and economic freedoms we enjoyed and thoroughly took for granted before March 2020.
Dr Benedikt Heid, Senior Lecturer - School of Economics The University of Adelaide
The rapid increase in China’s exports in recent decades has led to concerns that they are displacing other countries’ exports. As the sophistication of Chinese exports has increased, the concerns are now shared by high-income countries including Australia.
In a new Discussion Paper (Is Competition from China So Special?), Dr. Benedikt Heid from the University of Adelaide School of Economics and two co-authors from Spanish universities analyse Spanish exports from 1997 to 2016.
The TIISA Network is currently offering research grants of between €500 - €5000 to support research in the field of trade and investment in services and which improves knowledge of or contributes to the process of European economic integration in services.
Subsidization by states of their domestic industries to gain competitive advantage abroad is a perennial topic in international trade discussions. As the world moves into a multipolar environment and China rises in economic prominence, the rules governing subsidies, particularly to the industrial sector, are in the spotlight.
This work is licensed under Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
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