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Trade in Developing East Asia : How it Has Changed and Why it Matters

Constantinescu, Ileana Cristina - 2018

East Asia, for long the epitome of successful engagement in trade, faces serious challenges: technological change that may threaten the very model of labor intensive industrialization and a backlash against globalization that may reduce access to important markets. A detailed analysis of the...

Persistent link: https://www.econbiz.de/10012912297

Do Institutions Matter More for Services?

Mattoo, Aaditya - 2016

Recent empirical research has focused on the role of institutions in overall economic performance. This paper examines … the impact of institutions on the relative performance of the service sector. Through cross-country level and growth … regressions it establishes the following stylized fact: countries with better institutions have relatively larger and more dynamic …

Persistent link: https://www.econbiz.de/10012747951

Services Globalization in an Age of Insecurity : Rethinking Trade Cooperation

Mattoo, Aaditya - 2018

Decades of services trade negotiations have produced a plethora of rules and commitments but limited real liberalization. One reason is a form of "negotiating tunnel vision," which has led to a focus on reciprocal market opening rather than on creating the regulatory preconditions for...

Persistent link: https://www.econbiz.de/10012911376

Does the Global Trade Slowdown Matter?

Constantinescu, Cristina - 2018

Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross domestic product. Trade is growing more slowly not only because growth of global gross domestic product is lower, but also because trade itself has become less responsive to gross...

Persistent link: https://www.econbiz.de/10012936149

The Global Trade Slowdown : Cyclical or Structural?

Constantinescu, Cristina - 2018

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and...

Persistent link: https://www.econbiz.de/10012937557

The Trade-Reducing Effects of Restrictions on Liner Shipping

Bertho, Fabien - 2017

This paper examines how policy governing the liner shipping sector affects maritime transport costs and seaborne trade flows. The paper uses a novel data set and finds that restrictions, particularly on foreign investment, increase maritime transport costs, strongly but unevenly. The...

Persistent link: https://www.econbiz.de/10012973111

A"Greenprint"For International Cooperation on Climate Change

Mattoo, Aaditya - 2017

International negotiations on climate change have been dogged by mutual recriminations between rich and poor countries, constricted by the zero-sum arithmetic of a shrinking global carbon budget, and overtaken by shifts in economic power between industrialized and developing countries. To...

Persistent link: https://www.econbiz.de/10012974413

Policy Barriers to International Trade in Services : Evidence from a New Database

Borchert, Ingo - 2017

Surprisingly little is known about policies that affect international trade in services. Previous analyses have focused on policy commitments made by countries in international agreements but these commitments do not in many cases reflect actual policy. This paper describes a new initiative to...

Persistent link: https://www.econbiz.de/10012975161

China and the World Trading System

Mattoo, Aaditya - 2017

The World Trade Organization has been until recently an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an aberration because it does not reflect one of the largest shifts in the international economic and trading...

Persistent link: https://www.econbiz.de/10012975577

Impact Evaluation of Trade Interventions : Paving the Way

Cadot, Olivier - 2017

The focus of trade policy has shifted in recent years from economy-wide reductions in tariffs and trade restrictions toward targeted interventions to facilitate trade and promote exports. Most of these latter interventions are based on the new mantra of "aid-for-trade" rather than on hard...

Persistent link: https://www.econbiz.de/10012975644