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On support for global trade in Africa, today

The shock of COVID-19 is definitely exposing those vulnerabilities.
A new World Trade Organization (WTO) report, Strengthening Africa’s capacity to trade, addresses the disruptions to trade due to the pandemic and outlines the ways the international body is working to encourage trade flows on the continent. As LDCs, countries get additional international support with development assistance and with trade, and 33 of the 46 LDCs today are in Africa.
What does the report say of African LDCs and global trade? What support are countries being given to best weather this COVID-19 storm?
Declines and setbacks
A March 2021 WTO forecast has trade likely to remain below pre-pandemic levels for some time, but predicts an increase of world merchandise trade to 8.0% in 2021, after falling 5.3% in 2020. ....

Burkina Faso , United States , Hong Kong , South Africa , Wadi Fira , Development Division , International Monetary Fund , African Group , Development Facility , World Bank , World Trade Organization , United Nations , Asian Development Bank , International Finance Corporation , African Development Bank , Strengthening Africa , United Nations Conference , Economic Outlook , Saharan Africa , Developed Country Report , Trade Development Facility , Enhanced Integrated Framework , African Ministers , Trade Facilitation Agreement , Trade Related Investment Measures , General Agreement ,

The Rise and Fall of Multilateralism | Dissent Magazine

The Rise and Fall of Multilateralism | Dissent Magazine
dissentmagazine.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dissentmagazine.org Daily Mail and Mail on Sunday newspapers.

United States , United Kingdom , Ciudad De La Habana , Krung Thep Mahanakhon , World Bank , District Of Columbia , South Korea , Mike Fiala Getty , Walden Bello , Roberth Wade , Jakob Vestergaard , Paul Collier , Roberto Azev , Robert Zoellick , Christine Lagarde , Kristalina Georgieva , Mike Moore , Ngozi Okonjo Iweala , International Monetary Fund , European Central Bank , Birth Of The New International Order , World Trade Organization , Regional Comprehensive Economic Partnership , Asian Infrastructure Investment Bank , European Union , University Of New York At Binghamton ,

Vietnam Approves of Fourth Protocol Amendment in ACIA

Vietnam recently approved the fourth protocol amending the ASEAN Comprehensive Investment Agreement further building on its free trade environment ....

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EVs pricier than conventional cars

Car assemblers have said that electric vehicles will remain out of the reach of people as these are 140% more expensive than conventional cars despite a recent reduction in taxes, urging the government to instead promote hybrid cars ....

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East Asia's Paths to Industrialisation and Prosperity : Lessons for India and Other Latecomers in South Asia

New Delhi: Oxford University Press, 2019; pp xx + 295, ₹
895.
Oxford: Oxford University Press, 2019; pp xxiv + 577, price not indicated.
Asia’s Journey to Prosperity: Policy, Market, and Technology Over 50 Years by Asian Development Bank,
Manila: ADB, 2020 (ebook), http://dx.doi.org/10.22617/TCS190290.

The transformation of Asia from its status as the most impoverished region to the growth locomotive of the world economy within five decades is unprecedented and nothing short of a miracle. The achievement seems all the more profound when juxtaposed with a very pessimistic outlook of Asia’s development prospects made by Gunnar Myrdal in his three-volume tome
Asian Drama: An Inquiry into the Poverty of Nations, published in 1968. ....

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