In the mid-2000s, the production of hearing aids shifted almost entirely to 3D printing. Using difference-in-differences and synthetic control methods, this paper examines the effects of this shift on trade flows. The analysis finds that trade increased roughly 60 percent following the...

Robert B. Zoellick, President of the World Bank Group, spoke on the theme that we are now in a new, fast-evolving multipolar world economy in which outdated classifications no longer fit. He discussed these topics: (i) the end of the third world; (ii) multilateralism matters; (iii) new sources of...

Should the China-U.S. trade agreement prompt relief because it averts a damaging trade war or concern because selective preferential access for the United States to China's markets breaks multilateral rules against discrimination? The answer depends on how China implements the agreement....

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...

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...

Ports have always played an essential role in this highly trade-dependent region. While there are still wide disparities in terms of throughput volumes and capacity, traffic has been growing rapidly in most countries over the last decade. Overall, total throughput in West Africa grew from around...

Ports have always played an essential role in this highly trade-dependent region. While there are still wide disparities in terms of throughput volumes and capacity, traffic has been growing rapidly in most countries over the last decade. Overall, total throughput in West Africa grew from around...

West Africa's coastal areas host about one third of the region's population and generate 56 percent of its GDP. They are home for valuable wetlands, fisheries, oil and gas reserves, and high tourism potential. However, these areas are affected by severe pressures: rapid urbanization along the...

This paper presents early evidence from the first large-scale randomized-controlled trial of a land formalization program. The study examines the links between land demarcation and investment in rural Benin in light of a model of agricultural production under insecure tenure. The demarcation...