A useful and realistic digital agenda for APEC 2023
Nigel Cory 6 June 2023
The US is not expected to launch a radical new digital economy initiative at APEC, given the geopolitical and domestic constraints it faces. However, Nigel Cory from the Information Technology and Innovation Foundation argues that the US should still pursue a productive and valuable APEC digital agenda. He outlines the pragmatic and realistic approach that the US can take, in this article, first published by the National Bureau of Asian Research.
A cost-benefit analysis of China’s overseas trade zones
Maria Adele Carrai 6 June 2023
Under the Belt and Road Initiative, China developed overseas economic and trade cooperation zones with the stated aim of driving economic growth along the route and fostering international collaboration. However, the impact of these zones on host economies has been mixed at best as they face the challenges of loan overdependence, environmental degradation, etc. China studies scholar, Maria Adele Carrai from NYU Shanghai examines the status, prospects, and effects of China’s overseas trade zones.
Public policy imperatives for value chain upgradation
Riccardo Crescenzi
Oliver Harman
6 June 2023
Bangalore in India has achieved phenomenal growth rates since 1898 by adopting policies that are sensitive to the latest developments in global value chains (GVC), using public policy to find new competitive niches, and often leveraging foreign direct investment (FDI) to achieve its aims. This blog by Riccardo Crescenzi and Oliver Harman from the London School of Economics, based on their paper on the role of FDI in GVC upgradation for the Hinrich Foundation brings new evidence on cities like Bangalore to underpin Asia’s role in GVCs.
Biologics, such as vaccines, play a crucial role in responding to health crises. The pandemic has taught us the importance of removing barriers to developing, manufacturing, and distributing them globally, emphasizes Jennifer Brant, CEO of Innovation Insights. She discusses strategies that governments and companies can adopt to build resilience, in this interview with the Association of Foreign Press Correspondents-USA.
Challenges to the global convergence on digital standards
The standardization drives across industries and product categories in the last two centuries have enabled the easy movement of goods, people, and documents around the world. However, in international trade, standardization has been slow in the key area of digitization of documents. Download this discussion guide based on a paper by Hinrich Foundation Research Fellow Kati Suominen for insights on the gains that digital standards have made, and the global state of play in their adoption.
