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....

After a decade of Aid for Trade (AfT) allocations, we can now begin to assess whether this new development strategy has been effective. Focusing on the short-term goal of export growth, we examine whether AfT from the US government promoted exports within recipient national economies over the...