Global value chains (GVCs) break up the production process so at different steps can be carried out in different countries. Today’s official statistical information systems, designed to measure economic activity in a pre-GVC world, have struggled to keep pace with these changes. Conventional...

Dealing constructively with subsidies in global commerce is central to G20 leaders’ goal of reforming and strengthening the multilateral trading system. The growing use of distortive subsidies alters trade and investment flows, detracts from the value of tariff bindings and other market access...

The Manual on Statistics of International Trade in Services is a joint publication of six agencies:- the UN, EC, IMF, OECD, UNCTAD, and WTO. It addresses a growing demand from governments, businesses and analysts for more relevant, detailed and internationally comparable statistics on services...

The WTO plays an important role in supporting efforts to achieve international regulatory cooperation (IRC) and to facilitate trade. First, the WTO provides a multilateral framework for trade among its 164 members, with a view to ensuring that trade flows as smoothly, predictably and freely as...