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 …

. 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 …

shipment times and trade costs. For the world, the average reduction in shipment time will range between 1.2 and 2.5 percent …

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 …

scale. This study, by a team of World Bank Group economists led by Michele Ruta, analyzes the economics of the initiative …

cover. The analysis relies on information on goods, services, and value-added trade from the World Input Output Database …