Independent journal on economy and transport policy
20:17 GMT+1
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OECD and WTO anticipate a new method of esteem of the flows of the world-wide commerce based on the added value of the exports
It reorganizes the consistency of the export of some nations, between which China and Germany, and of exporting important of raw materials
January 16, 2013
The Organisation for Economic Co and Development (OECD) and the World Trade Organization (WTO) has introduced a new method of esteem of the flows of the world-wide commerce that analyzes the added value of the exports of goods and services produced from each nation. The new database is inaugurated today to Paris to the presence of the general manager of the WTO, Pascal Lamy, of commissioner al Commercio of the European Union, Karel De Gucht, and of minister al Commercio of New Zealand, Tim Groser.
"The ability to the nations to sell the world - the general secretary of the OECD, Angel Gurria has explained - depends on their ability and availability to acquire from the remainder of the world. Our new job with the WTO affords us to see more clearly because the block of the imports damages the competitiveness of the same nation that puts into effect it. It negotiate commercial must take into consideration these new truths and the nations must put into effect policies that help their companies to better manage their position in the international chains of the value".
The OECD and the WTO in fact have evidenced as the competitiveness of the enterprises and the ability to export, let alone the will to open the market to a quota wider than imports, they more and more constitute fundamental elements for integration of the nations in the total chains of production.
Moreover the OECD and the WTO have emphasized as already the first version of the new data bank offers new lease on life on the impact of the total chains of value on the commercial relations. Between these: the commercial surplus of China with the United States - they have observed - is reduced of 25% if found on the base of the added value because of the elevated quota foreign origin of the Chinese exports. Moreover a third party of the value total of the motor vehicles exported from Germany comes in reality from other Countries, while almost 40% of the value total of the Chinese exports of coming electronics from foreign sources.
OECD and WTO have stated also as, if the traditional methods of appraisal of world-wide the commercial exchanges suggest that the services represent less than a quarter of the total of the exchanges, taking them instead in consideration on the base of their added value the services reach an average of 50% of the exports of the Countries OCSE and a very advanced percentage in the United States, in the United Kingdom, in France, in Germany and Italy, great part - they have specified OECD and WTO - because the services add remarkable value to the manifacturing production. Vice versa the surplus commercial with the their main exporting important partner of raw materials as Australia, Brazil and Canada are reduced on the base of the added value since the raw materials come ulteriorly dealt from the partner commercial and then re-exported.
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