Economists from Paris, Geneva, Ethiopa and other countries meet for landmark global trade meeting at Purdue
By: Washington Times Herald - June 7, 2017More than 225 leading economists and policy makers, including representatives from the World Trade Organization, various United Nations and government offices and other leading international institutions and universities, are convening at Purdue University for the 20th Annual Conference on Global Economic Analysis through Friday. The annual gathering started in 1998, six years after the founding of the Global Trade Analysis Project (GTAP), a collaboration of more than 15,000 researchers in 170 countries that revolutionized the analysis of trade policies and their global impact. Whether economists around the world are studying the far-reaching impact of Brexit or new trade agreements, they universally consider the GTAP Model and GTAP Data Base as some of the most critical tools for sound economic analysis. Under GTAP, analysts from those 170 countries starting sharing resources and data to conduct more comprehensive quantitative analysis of international policy issues. That type of collaboration was unprecedented.
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