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In this paper, the literature on trade and development is surveyed, especially that regarding the role of … complementarities associated with trade infrastructure. The empirical literature shows that, on average, trade causes growth, but the … investment in soft and hard infrastructure has an unambiguously positive impact on trade flows, the theoretical literature argues …
Persistent link: https://www.econbiz.de/10011688649
This paper presents an overview of the trade and policy issues in the United Nations' Millennium Development Goals … the attention they merit, despite their profound consequences on how to use - or not use - trade policies for promoting … development. Following this, it examines the three major phases in the MDG/SDG progress: first, a pro-trade agenda during the …
Persistent link: https://www.econbiz.de/10011688661
the mid-1990s, ACI growth has improved the non-oil terms of trade of the developed countries. There have also been strong …, worsening their terms of trade and constraining their pricing ability. ACI growth has been especially beneficial for oil and … benefits from intra-industry trade; the challenges will come from increased head-to-head competition in manufactured goods and …
Persistent link: https://www.econbiz.de/10010397343
Agricultural trade is vitally important for achieving the goal of ending hunger by 2030 enshrined in the second … Sustainable Development Goal (SDG). While trade is frequently seen as posing threats to this vitally important goal, it can in … fact play a major role in achieving it. Trade helps in a number of ways, by allowing countries to take advantage of their …
Persistent link: https://www.econbiz.de/10011688687
This paper shows that regional trade integration shifts the burden of the exchange rate adjustment towards the less … integrated trading partners. Thus, they bear the cost of trade balance expansion, while competitive exchange rate moves vis …-a-vis RTA trading partners result in no expansion or deterioration of the overall trade balance. First, using the data on 138 …
Persistent link: https://www.econbiz.de/10011688708
Digital trade facilitation refers to the application of modern information and communication technologies (ICTs) to … simplify and automate international trade procedures. It is rapidly becoming essential to maintaining trade competitiveness and … dematerializing trade data and documents and enabling their electronic exchange, commonly referred to as paperless trade measures, are …
Persistent link: https://www.econbiz.de/10011852977
having a dramatic impact on services, especially in the retail, trade and finance sectors, by enabling firms to digitize … trade costs, discusses how e-commerce is transforming sales to both domestic and foreign consumers, and considers how the … Internet is making firms more mobile. Despite the enormous potential benefits, the use of the Internet to conduct digital trade …
Persistent link: https://www.econbiz.de/10011852981
Free trade agreements (FTAs) have become a prominent feature of the multilateral trading system and an important … instrument of trade policy for members of the World Trade Organization (WTO). The proliferation of FTAs is the result of a number … proliferation of FTAs in east Asia benefits the regional trade and economic growth, questions have been raised about Asian noodle …
Persistent link: https://www.econbiz.de/10010286170
multilateralize it. The paper first reviews free trade agreement (FTA) developments, and discusses the characteristics and motives of …
Persistent link: https://www.econbiz.de/10010397228
The continued difficulties of the World Trade Organization to achieve further multilateral trade liberalization in the … initiative could include three sets of issue: trade facilitation measures, an equitable investment regime, and effective …
Persistent link: https://www.econbiz.de/10010397233