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You searched for: Content Type Working Paper Remove constraint Content Type: Working Paper Publishing Institution The Brookings Institution Remove constraint Publishing Institution: The Brookings Institution Publication Year within 5 Years Remove constraint Publication Year: within 5 Years Topic International Trade and Finance Remove constraint Topic: International Trade and Finance
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  • Author: Mireya Solis
  • Publication Date: 10-2016
  • Content Type: Working Paper
  • Institution: The Brookings Institution
  • Abstract: Trade policy, and the Trans-Pacific Partnership (TPP) in particular, is vitally connected to the national interests of prosperity, security, and governance. With novel rules on the digital economy, high tariff elimina- tion targets, and disciplines to address behind-the-border protectionism, the TPP creates opportunities for American sectors that enjoy competitive strength—services, advanced manufacturing, agriculture—to expand their reach in overseas markets. Projected annual income gains from this trade deal range between $57 billion and $131 billion by 2032, compared to a base- line scenario. In sharp contrast to the experience of import competition with China, the TPP will not impose large adjustment costs in terms of employment and wages, generating instead a net (albeit small) positive effect on job creation and wage rates. However, the individual costs for displaced employees are very high, and the contours of a new pro-adjustment safety net that enables workers to navigate difficult economic transitions (brought about by technological change or trade) are highlighted below.
  • Topic: Globalization, International Political Economy, International Trade and Finance
  • Political Geography: America, Asia-Pacific
  • Author: Homi Kharas
  • Publication Date: 09-2015
  • Content Type: Working Paper
  • Institution: The Brookings Institution
  • Abstract: The Addis Ababa Action Agenda reaffirms the central role of development banks in providing concessional and non-concessional long-term financing, countercyclical financing, guarantees and leverage, policy advice, capacity building, and other support to the post-2015 agenda. "We recognize the significant potential of multilateral development banks and other international development banks in financing sustainable development and providing know-how. We stress that development banks should make optimal use of their resources and balance sheets, consistent with maintaining their financial integrity, and should update and develop their policies in support of the post-2015 development agenda, including the sustainable development goals (SDGs)."
  • Topic: Development, International Trade and Finance, Treaties and Agreements, United Nations, World Bank
  • Political Geography: Global Focus