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contributions to global trade growth have come from East Asian countries in the developing world and the Euro area in the developed … world. Merchandise trade, which in recent years has been less resilient than services trade, picked up, growing by 4 …
Persistent link: https://www.econbiz.de/10012645268
. Trade policy developments are mixed. Restrictive trade measures imposed during 2018 affected 3.8 percent of world …-for-tat tariffs between the United States and China alone affected 2.0 percent of world merchandise trade in 2018. Ongoing trade … a multilateral approach and World Trade Organization reforms …
Persistent link: https://www.econbiz.de/10012646423
This edition of Global Trade Watch addresses three questions concerning recent trade developments: What is happening? Why? Does it matter? 2016 is the fifth consecutive year of sluggish trade growth and the year with the weakest trade performance since the aftermath of the 2008 global financial...
Persistent link: https://www.econbiz.de/10012248262
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/10011929406
integrate faster internally than vis-a-vis the rest of the world: policies applied to trade with other ASEAN countries were … virtually the same as those applied to trade with rest of the world. Moreover, the recent commitments scheduled under AFAS did …
Persistent link: https://www.econbiz.de/10012245586
Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross … trade-income relationship, and then investigates its consequences for economic growth. On the demand side, sluggish world …
Persistent link: https://www.econbiz.de/10012246196
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/10011903074
-supplying neighbor, Mexico. Real incomes in the rest of world would decline by 0.16 percent and in China by 0.38 percent because of trade …
Persistent link: https://www.econbiz.de/10012230758
Does "infant industry" preferential access durably boost export performance? This paper exploits significant trade policy changes in the United States around the turn of the 21st century to address this question. The expansion of Generalized System of Preferences (GSP) products for less...
Persistent link: https://www.econbiz.de/10012007994
-2018 may have caused a 1 percentage point decline in world trade growth. The paper also finds that the impact of policy …
Persistent link: https://www.econbiz.de/10012167789