"The authors determine how time delays affect international trade using newly collected World Bank data on the days it takes to move standard cargo from the factory gate to the ship in 126 countries. They estimate a modified gravity equation, controlling for endogeneity and remoteness. On...

The objective of this study is to assess the impact of the East-West Highway improvement program on Georgia's ability to access international markets. As highlighted extensively in the literature, improving transport infrastructure and the efficiency of the logistics sector can help countries...

Trade is essential for Caribbean countries development and poverty reduction. Given their small market size, they are dependent on exports to produce manufactured products at efficient scale. And given their natural amenities, they rely on tourism as a major spur to economic activity. Trade in...

The Niger Diagnostic Trade Integration Study (DTIS) has been prepared under the Integrated Framework (IF) for trade related technical assistance to least developed countries in response to a request from the Government of Burkina Faso. The study is to build the foundation for accelerated growth...

The primary goal of this Diagnostic Trade Integration Study (DTIS) is to provide a plan for reactivating Angola's productive sectors that reduces the country's reliance on imports while enabling the restoration of export capacity in the medium to long term. Executing such a plan will involve...

The war in Ukraine is a human tragedy for the people of Ukraine, but its economic implications are global. This instant report focuses on the direct impact of the war on world trade and investment. It identifies five trade and investment channels through which countries will be affected by the...

Across the transition economies, there appears to be a strong and positive association between export market growth and economic growth. Export market growth, for its part, has been closely linked to the larger order trade reorientation towards the European Union (EU). This reorientation, in...

Trade enables countries to import ideas and technologies, realize comparative advantages and economies of scale, and foster competition and innovation, which in turn increases productivity and achieves higher sustainable employment and economic growth. Countries open to international trade tend...

"The United States imports around 25 percent of its merchandise under some form of preferential trade regime. The authors examine both the origins and consequences of U.S. trade preferences in the context of the gravity model of international trade. First, they provide estimates of the impact of...