COVID-19 has created a trade crisis in Southern Africa, with a dramatic slowdown in cross-border trade. The crisis, which exposed weaknesses and deficiencies in the trade facilitation regimes, presents an opportunity for the African Continental Free Trade Area (AfCFTA) to address and contribute...

One of the selling points behind larger preferential trade agreements (PTAs) is the potential to encourage the spread of global value chains (GVCs). These supply chains are increasingly critical to the globalized economy. Large GVC operators may include up to 15,000 firms in their networks...

The Middle East and North Africa (MENA) region's trade performance over the past two decades has been disappointing. Efforts to boost trade through a plethora of regional trade agreements (RTAs) are underway. This study examines the potential contribution of regional trade agreements, as well as...

We investigate the impact of Canada-U.S. trade integration on the degree of export diversification of the Canadian regions. Trade integration is captured through the decrease of trade-weighted tariffs that were boosted by implementation of the Canadian-U.S. Free Trade Agreement. We found strong...

This paper explores the impact of the South Asian Free Trade Area (SAFTA) agreement on food security by using a gravity model to examine the regional changes in trade in agricultural products. This is followed by a discussion of how this might affect the four dimensions of food security,...

Preface -- Chapter 1: What Makes for an Effective Free Trade Agreement? Examination of Theory and Evidence -- Chapter 2: The Mode of Economic Cooperation in the “One Belt and One Road” Construction -- Chapter 3: Simulation on Trade Effects of CJK FTA and the Prospects of Negotiation --...

Purpose – This paper aims to exploit a new trade database to explore the extent to which trade, and the industrial division of labor which it represents, is regional in nature.Design/methodology/approach – The analysis focuses especially on intermediates trade, in three key regions – the...

When President Trump came into office the US administration launched a detailed analysis of American trade relations. It aimed to identify "unfair trade practices" that are supposedly increasingly being used by other countries, and that are economically damaging to America. This study simulates...