African governments aiming to industrialize their economies often revert to export bans on raw commodities to promote processing industries. Intriguingly, these are introduced much more frequently on some processable commodities than others. Based on a recent World Development article, Dr Nicolai Schulz makes the argument that policy-makers avoid imposing export bans on commodities produced by a large share of […]
Professor Kenneth Shadlen gives us a summary of a paper he co-authored with with Bhaven Sampat and Amy Kapczynski, which examines the different ways that pharmaceutical intellectual property provisions in trade agreements can affect prices, with a particular focus on regional and bilateral trade agreements.
The inclusion of rules on intellectual property (IP) in trade agreements has inspired considerable debate. One area […]
Richard Kozul-Wright presents the 2019 UNCTAD’s report on trade and development: financing a global green new deal
MSc Development Management student, Lou Aubay, reflects on a recent guest lecture from Richard Kozul-Wright, lead author of the United Nations Conference on Trade and Development’s (UNCTAD) annual report, which suggests that meeting the financing demands of the 2030 Agenda for Sustainable Development requires rebuilding multilateralism around the idea of a Global Green New Deal.
Mr Richard Kozul-Wright is the current director of the […]
Cutting Edge Issues in Development: Industrial Policy, Trade and Development in the New Global Economic Order
On Friday 12 October, development economist Ha-Joon Chang came to talk at the LSE as part of the International Development Department’s Cutting Edge Issues in Development Thinking and Practice lecture series. Kyeonga Kang from the MSc African Development was there and covered the talk for us.
“The recent changes in global industrial policy environment have not made industrial policy impossible.” Chang […]
President Trump announced that the US would apply tariffs of 10 percent and 25 percent on all imports of aluminium and steel, respectively. The announcement has been derided for being “protectionist” and damaging to the US economy, and likely to trigger a global “trade war.” Professor Ken Shadlen’s concerns lie elsewhere; the measures’ likely effects on the US economy can […]
What is China’s One Belt One Road initiative and will it bring prosperity or difficulties to the many developing countries along its route? Nathan Hayes, alumni from the department and Economist at Timetric’s Construction Intelligence Centre, breaks it down for us.
In autumn 2013, President of the Peoples Republic of China (PRC), Xi Jinping, announced the One Belt, One Road (OBOR) initiative, […]
Following years of civil unrest, Sri Lanka is now finding its feet as an influential country in South Asia for trade. Sumudhu Jayasinghe looks back at how 2016 shaped Sri Lanka’s emerging economy, and what it means for the region going forward.
Sri Lanka, though a small island state, lies at the tip of the South Asian subcontinent and at the center of the Indian Ocean. […]
Professor Ken Shadlen and co-authors challenge a recent article in Foreign Affairs that claimed to show that trade agreements with the USA have not affected the price of patented drugs in developing countries.
One of the most contentious issues in the debate surrounding the Trans-Pacific Partnership (TPP) relates to the agreement’s implications for drug prices, particularly in developing countries. The […]
Writing your dissertation can leave you feeling more lost and confused about life than ever before, but as Amanda Schwartz, an MSc Development Studies alumni and co-founder of The Ring Project explains, keep your eyes and mind open and it could lead to great things.
It wasn’t too long ago that I was sitting across from my dissertation advisor, feeling wholly […]
In light of the upcoming EU Referendum Professor Ken Shadlen sheds some light on the implications for Britain’s trade.
I’ve read and heard lots of discussions about the referendum and implications for Britain’s trade, most of it misleading and incorrect. Let me try to simplify (it sounds more confusing than it is):
On any given product, countries have two tariffs, one […]