We investigate trade integration between members of the EU, NAFTA and Mercosur. The paper evaluates the ease of access to each of those markets from each other based on a benchmark consisting of trade within countries. This methodology, often labelled border effects, furnishes a new tool for the...

To understand the diverse impact of the crisis across emerging market countries, we explore the role of two shocks - the collapse in trade and the sharp decline in financial flows - in the transmission of the crisis from advanced economies to emerging market countries. We first develop a simple...

One of the most striking aspects of the recent recession is the collapse in international trade. This paper uses disaggregated data on U.S. imports and exports to shed light on the anatomy of this collapse. We find that the recent reduction in trade relative to overall economic activity is far...

This paper examines the relative contribution of openness and the R content of trade to TFP growth for North-South trade-related technology diffusion. The measure of foreign R used in the literature on trade-related technology diffusion imposes identical contributions of openness and the R...

The African Trade Policy Centre (ATPC) of the United Nations Economic Commission for Africa (ECA) and the African Export Import Bank (Afreximbank) launched a joint one-year pilot project to collect data on informal cross-border trade along the Abidjan– Lagos corridor in the Economic Community...

The COVID-19 pandemic and the ensuing crisis have provided an opportunity to learn more about the African pharmaceutical industry. This report is a contribution to greater understanding of the African pharmaceutical industry and the challenges that it faces, most of which are not new but have...