Showing 1 - 10 of 93
This paper uses newly released OECD data on services trade restrictions (STRI) to analyse the relationship between services trade restrictions, cross-border trade in services and trade in downstream manufactured goods. A standard gravity model is enhanced by the STRI indices in a cross-section...
Persistent link: https://www.econbiz.de/10012447270
Services play a more important role in trade and employment in the United Kingdom than in most other OECD countries. The UK services sector is supported by an open and transparent trade regime, policies that support competition and innovation, and regulatory transparency that facilitates the...
Persistent link: https://www.econbiz.de/10012801197
Trade facilitation measures are key in offsetting some of the time and cost increases experienced by firms and consumers against a backdrop of continued supply chain disruptions. Through the lens of the updated OECD Trade Facilitation Indicators (TFIs), this paper assesses progress and...
Persistent link: https://www.econbiz.de/10013377695
Services have become significantly more tradable in the first two decades of the 21st century. This paper documents that trade costs for financial services, communication services and business services fell by between 30% and 60% between 2000 and 2019. Information and communication technology...
Persistent link: https://www.econbiz.de/10013457896
This paper provides an overview of the evolving nature of digital trade and digital trade policies. It shows that digital trade has been growing faster than “non-digital” trade. By 2018, 24% of global trade (USD 5.1 trillion) could be considered digital trade. In parallel, countries have...
Persistent link: https://www.econbiz.de/10014324642
The digital transformation is having a profound impact on the international trade of the United Kingdom (UK). Digital trade exports have grown three times faster than other exports and now represent more than half of total exports, twice the OECD and EU averages. This strong performance is, in...
Persistent link: https://www.econbiz.de/10015081606
This paper examines whether the customs valuation systems and rules of origin are sufficiently attuned to the changing landscape of commercial realities characterised by new and diverse configurations of goods-services trade. It proposes a framework to categorise relevant configurations of...
Persistent link: https://www.econbiz.de/10014436007
Today, more parcels are crossing international borders than ever before. While this has given rise to new opportunities, not least for individuals and SMEs who are now more directly engaged in trade, it is also raising new challenges. This paper explores this complex and evolving environment,...
Persistent link: https://www.econbiz.de/10012630489
Border processes for perishable agro-food products involve multiple agencies and raise complex compliance and enforcement issues. At the same time, the speed of border processes is of particular importance for exporters as delays at the border can have great negative impacts on the quality of...
Persistent link: https://www.econbiz.de/10012696462
This study provides data on the costs and challenges of implementing trade facilitation measures currently under negotiation in the WTO. It updates an earlier study undertaken in 2005, presenting data and insights from nine additional developing countries. The study confirms earlier findings...
Persistent link: https://www.econbiz.de/10011007558