The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced recession in the UK -may also be felt in the EU...

This is volume 2 of a three-volume publication on Bangladesh's trade prospects. Bangladesh's ambition is to build on its very solid growth and poverty reduction achievements, and accelerate growth to become a middle income country by 2021, and share prosperity more widely amongst its citizens....

This paper exploits information from two different datasets to provide a novel and multi-dimensional picture of the engagement of all sub-Saharan African countries in global value chains (GVCs). It documents in detail the nature of the underlying data and the way it is used to construct several...

How do international economic agreements influence the investment patterns of firms from emerging economies? This paper studies the ways in which bilateral investment treaties and preferential trade agreements interact with geographic and cultural distance to influence firms' investment...

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...

This paper attempts to quantify the impact of economic policy uncertainty on overall trade and trade linked to global value chains. Using new data on policy uncertainty for 18 countries and 24 years, it finds a statistically significant negative impact of policy uncertainty on overall trade...

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...

Paul Wolfowitz, President of the World Bank, argued that the Doha Round presents an opportunity to rewrite the rules of an unfair trading system that holds back the potential of the poorest people. As important as aid is, as important as debt relief is, the opportunities generated by trade are...

Trade rebounded in 2017, with trade volume growing at 4.3 percent in 2017 - the fastest rate in 6 years. The recovery of trade is not limited to a few regions but is widespread, suggesting that we may be at a turning point. The largest contributions to global trade growth have come from East...

This is the sixth edition of Connecting to Compete, a report summarizing the findings from the new dataset for the Logistics Performance Index (LPI) and its component indicators. The 2018 LPI also provides expanded data on supply chain performance and constraints in more than 100 countries,...