Showing 1 - 10 of 164
Extensive research has demonstrated the existence of large potential welfare gains from trade facilitation - measures to reduce the overall costs of the international movement of goods. From an equity perspective an important question is how those benefits are distributed across and within...
Persistent link: https://www.econbiz.de/10010127883
Extensive research has demonstrated the existence of large potential welfare gains from measures to facilitate trade - reduce trade costs - for African countries in particular. However, concerns have been expressed by policymakers regarding the distribution of the benefits and costs of trade...
Persistent link: https://www.econbiz.de/10011845326
The World Trade Organization (WTO) has a role to play in strengthening the global trading system for development, primarily by lowering barriers to trade in goods and services and ensuring that trade rules are useful to developing countries. But greater international cooperation must complement...
Persistent link: https://www.econbiz.de/10012748581
Average most-favored-nation tariffs in the Quad (Canada, the European Union, Japan, and the United States) have fallen to about 5 percent. But tariffs more than three times the average most-favored-nation duty are not uncommon in the Quad and have a disproportionate effect on exports of least...
Persistent link: https://www.econbiz.de/10012748695
Although average OECD tariffs on imports from the least developed countries are very low; tariffs above 15 percent (peaks) have a disproportional effect on their exports. Products subject to tariff peaks tend to be heavily concentrated in agriculture and food products and labor-intensive...
Persistent link: https://www.econbiz.de/10012751375
This paper provides the first quantitative evidence on the restrictiveness of services policies in 2016 for a sample of developing countries, based on recently released regulatory data collected by the World Bank and WTO. We use machine learning to recreate to a high degree of accuracy the...
Persistent link: https://www.econbiz.de/10013232957
Non-reciprocal trade preferences and provisions in the GATT/WTO that allow developing countries greater leeway to retain or use protectionist policies are two of the central planks of so-called special and differential treatment (SDT) for developing countries in the multilateral trading system....
Persistent link: https://www.econbiz.de/10014065273
This paper discusses opportunities for trade policy research to contribute more to efforts to integrate African markets, a stated policy priority for African leaders. Much of the economic research in this area has sought to quantify aggregate trade costs and the potential welfare impacts of...
Persistent link: https://www.econbiz.de/10012948360
China's Belt and Road Initiative (BRI) is a mechanism through which countries can upgrade connectivity-related infrastructure, including through cross-border projects, complementing traditional sources of finance. An overarching goal of the BRI is to reduce trade costs between China and partner...
Persistent link: https://www.econbiz.de/10012863670
This paper presents new high frequency data on trade policy changes targeting medical and food products since the beginning of the COVID-19 pandemic, documenting how countries used trade policy instruments in response to the health crisis on a week-by-week basis. The dataset reveals a rapid...
Persistent link: https://www.econbiz.de/10014090232