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Mattoo, Aaditya (ed.); Rocha, Nadia (ed.); Ruta, Michele (ed.) - 2020

Deep trade agreements matter for economic development. The rules embedded in DTAs, along with the multilateral trade rules and other elements of international economic law influence how countries transact, invest, work, and, ultimately, develop. Trade and investment regimes determine the extent...

Persistent link: https://www.econbiz.de/10012644314

Global Trade Watch 2017 : Trade Defies Policy Uncertainty-Will It Last?

Constantinescu, Cristina - 2018

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

Global Trade Watch 2018 : Trade Amid Tensions

Constantinescu, Cristina - 2019

. 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

Trade in Critical COVID-19 Products

Espitia, Alvaro - 2020

The covid-19 pandemic is increasingly a concern for developing countries. Using a new database on COVID-19 trade flows and policies, this note looks at the role of trade and trade policy to address the looming health crisis in developing countries with highest numbers of recorded cases. It shows...

Persistent link: https://www.econbiz.de/10012646974

Covid-19 and food protectionism : the impact of the pandemic and export restrictions on world food markets

Espitia, Alvaro; Rocha, Nadia; Ruta, Michele - 2020

This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … percent on average. Escalating export restrictions would multiply the initial shock by a factor of 3, with world food prices …

Persistent link: https://www.econbiz.de/10012241198

The evolution of deep trade agreements

Mattoo, Aaditya; Rocha, Nadia; Ruta, Michele - 2020

This paper presents new data on the content of preferential trade agreements. The data contain detailed information on the 18 policy areas most frequently covered in preferential trade agreements, focusing on the stated objectives, substantive commitments, and other aspects such as transparency,...

Persistent link: https://www.econbiz.de/10012241390

Deep Trade Agreements and Vertical FDI : The Devil is in the Details

Osnago, Alberto - 2015

Recent data show that the institutional content of preferential trade agreements has evolved over time. Although pre-1990s preferential trade agreements mostly focused on tariff liberalization, recent agreements increasingly contain deep provisions in diverse areas, such as intellectual property...

Persistent link: https://www.econbiz.de/10012245620

Preferential Trade Agreements and Global Value Chains : Theory, Evidence, and Open Questions

Ruta, Michele - 2017

Preferential trade agreements today are more numerous and deeper than they were a quarter century ago. Do deep agreements promote countries' integration into global value chains? What are the economic mechanisms? How do countries choose their trade agreement partners? Would the undoing of deep...

Persistent link: https://www.econbiz.de/10012245725

Depreciations without Exports? Global Value Chains and the Exchange Rate Elasticity of Exports

Ahmed, Swarnali - 2015

This paper analyzes how the exchange rate elasticity of exports has changed over time and across countries and sectors, and how the formation of global value chains has affected this relationship. The analysis uses a panel framework covering 46 countries over the period 1996-2012, and first...

Persistent link: https://www.econbiz.de/10012245907

Does the Global Trade Slowdown Matter?

Constantinescu, Cristina - 2016

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