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How the G7 Reviews Its Work on Development
The G7 practices forms of external accountability to answer for its behaviour to the outside world and internal accountability to steer the implementation of what it has decided. To follow up on its development-related commitments, it has set up a permanent framework to produce annual public reports on how G7 national administrations have worked together to implement them. Reports under this framework draw on implementation experience, although G7 Leaders never use them to make decisions on how to carry implementation forward or design new commitments. This is because the G7 process is generally discontinuous and because its accountability process is currently not targeted at channelling fee...
The G7/G8 System
First published in 1999, this guide to the G7/G8 system discusses the origins, characteristics, role and agenda of the G7/G8 system; reviews its evolution; surveys the major debates and questions about the G7/G8; and provides a detailed study of its complex and elusive documentation. It also includes a comprehensive bibliography, of the G7/G8 and its concerns, listing over 600 books, shorter writings, publications in series, book chapters, articles in periodicals, government publications, international organisation publications and Internet resources. The book is intended as a contribution to scholarly literature and as a useful work of reference for academics, government officials, the media, libraries and the general public.
G7 Current Account Imbalances
The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current account surpluses to finance this deficit. How long can such unevenness between imports and exports be sustained, and what form might their eventual reconciliation take? Putting forth scenarios ranging from a gradual correction to a crash landing for the dollar, G7 Current Account Imbalances brings together economists from around the globe to consider the origins, status, and future of those disparities. An esteemed group of collaborators here examines the ro...
Tax By Design
Based on the findings of a commission chaired by James Mirrlees, this volume presents a coherent picture of tax reform whose aim is to identify the characteristics of a good tax system for any open developed economy, assess the extent to which the UK tax system conforms to these ideals, and recommend how it might be reformed in that direction.
Review of G7 Government-led Voluntary and Mandatory Due Diligence Measures for Sustainable Agri-food Supply Chains
This report aims to provide G7 agricultural policy makers with insights to better understand the design, objectives and mechanisms of national and regional, voluntary and mandatory due diligence-related measures.
G-7 Countries: Transportation Highlights
This report provides summary statistics on the physical characteristics, use, and performance of transportation networks in the United States, Canada, France, Germany, Italy, the United Kingdom, and Japan-the Group of Seven (G-7) countries. Data on safety, transportation-related energy use, and environmental impacts are also given. The Bureau of Transportation Statistics (BTS) used many sources to assemble these data, but relied primarily on statistical compendiums published by international agencies to obtain data about Japan and European G-7 countries. Although basic socioeconomic data are readily available for these countries, transportation statistics are generally less accessible and, f...
Inflation, Learning and Monetary Policy Regimes in the G-7 Economies
In this paper, the authors report estimates of two-and three-state Markov switching models applied to inflation, measured using consumer price indexes, in the G-7 countries. They report tests that show that two-state models are preferred to simple one-state representations of the data, and argue that three-state representations are more satisfactory than two-state representations for some countries. The preferred estimation results usually include a state that features a unit root in its dynamic structure, which concurs with results of direct tests for this property. However, the multistate representation of the data shows that for all G7 countries these quasi-unit-root properties arise prim...
The International Financial Architecture
Kenen (economics and international finance, Princeton University) reviews the reform efforts that followed the 1994-95 Mexican crisis, and evaluates their results in the time since then. He compares the existing efforts with the more radical recommendations of the Meltzer Report, and considers the implications of his analysis for the role of the IMF. He then offers his own recommendations for further reform. c. Book News Inc.
