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This paper takes a first look at the trade effects of China's Belt and Road Initiative, also referred to as the New Silk Road, on the 71 countries potentially involved. The initiative consists of several infrastructure investment projects to improve the land and maritime transportation in the...
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, revealing that deepening existing agreements (the intensive margin of regional integration) could boost world trade by 5 percent … and world GDP by 1 percent. The expected gains from deepening agreements within or across regions vary depending on the …
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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 …
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