This Staff Working Document is the tenth in a series of annual progress reports drafted since 2003 (previ-ously labelled ‘Monterrey report’). Building on previous reports, it assesses where the EU and its Member States stand in relation to their common commitments on financing for...

In this paper we construct a Ricardian model of trade in vertically-differentiated products between a developing country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in addition to income taxes) have distributional consequences...