ACCORDING TO WTO LEAST DEVELOPED HIT MORE SEVERELY BY GLOBAL SLOWDOWN

The Director General, Roberto Azevêdo, explained a few days ago in his conference about that least develouped countries grew below the average for previous years 2012 and 2013. However, they may continue to benefit from the upturn in European economy, since much of its exports go to this continent. The first thing he mentioned in his conference was that years have been very hard for the growth of world trade.

JAPAN: AN EXAMPLE TO FOLLOW FOR THE EUROPEAN COMMUNITY

Japan is currently the world's third largest economy after the U.S. and China. However, the country's traditional policy given its cultural conviction and a series of events outside their control have catapulted to a continued deadlock in time for decades. It was break the routine combining perfectly both monetary and fiscal policy, so it starts to show signs of a speedy recovery and hope to continue down the path right. Japan begins to leave behind deflation and would be interesting that the European Central Bank take note of how to do following suit.

EUROPE AND USA BIG BENEFIT OF A CHINA CRISIS?

From the point of view of international trade we are currently at various events that cause some uncertainty in the markets, such as the case of Ukraine, Russia, Venezuela and China. We are talking about countries that are part of the so-called emerging countries and we are in a context where advanced economies fail to definitively overcome the crisis, so we usually hear omens that something new can occur, making us ask, how this would affect the main actors of foreign trade, defined as the EU and the U.S., while on the opposite side, how this would affect emerging understood as such to China, Russia, Latin America as a whole and major Asian economies excluding China.

HOW THE CONFLICT OF UKRAINE AFFECTS INTERNATIONAL TRADE

These last days the markets are in tension caused by the latent conflict between Ukraine and Russia, due to the invasion of Crimea by Russia. This has important effects in the international markets which will definitely affect the prices of commodities and consequently there will experience imbalances in international trade to which we must be prepared .

THE RISKS POSED BY EMERGING COUNTRIES

In these last days begin to appear data on major emerging economies, and there are visible imbalances in some of them. The ghosts of the recent crisis that has suffered internationally do not totally disappear and come back on new alarms. Meanwhile, developed countries play the role of disinterest or are busy in their own affairs, when they should maintain a primary care to meet the unknown yet how events unfold in the new international scenario approaches.

THE EUROPEAN MARKET AND GERMAN ENGINE

Germany intervenes favorably in other European economies, while these are wary their best situation and believe the opposite. Is necessary to reverse this point of view and the whole of the European Union works together to transpolar German success in foreign trade, fostering a climate that promotes international trade in Europe internally and with the rest of the World.