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Trade Policy: Promoting Investment for Development

This report describes the complex and changing interrelationship between trade, domestic investment and foreign direct investment and provides examples of good practices in trade policymaking that create a healthy investment climate in developing countries. The purpose of the document is to develop a framework for an operational and practical guide for trade policymakers.

Economic Role of Cities in the 21st Century

The paper discusses some of the economic functions of cities, focusing on economic activities that make firms in cities more productive and more attractive to urban households.According to the author, agglomeration economies are increasingly concentrated on the consumption side and quality of life issues have become a more important determinant of where people choose to live.

Product Market Competition and Economic Performance in the United Kingdom

Competitive pressures appear to be relatively strong in the United Kingdom, with economic and administrative regulations inhibiting competition and barriers to trade amongst the lowest in the OECD. Nevertheless, there is scope for improvement and the recent overhaul of competition legislation should lead to progress in this regard.

Benefits of Liberalising Product Markets and Reducing Barriers to International Trade and Investment: The Case of the United States and the European Union

This paper provides an assessment of the impact of a package of structural reforms in the European Union and the United States on long-run trade and output gains accruing to OECD countries. The package includes reforms that reduce competition-restraining regulations, cut tariff barriers and ease restrictions on foreign direct investment to “best practice” levels in the OECD area.

Fifteen Years of Economic Reform in Russia: What has been Achieved? What Remains to be Done?

The paper provides an overview of the course of economic reform and the performance of the Russian economy since the early 1990s and an analysis of the structural reform challenges ahead. It assesses the contribution of institutional and structural reforms to economic performance over the period, before turning to the question of where further structural reforms could make the biggest contribution to improved performance.