The paper applies a network analysis framework to analyze the regional and global integration of Latin American and Caribbean (LAC) countries. We compare network-based measures of trade integration to conventional measures, decomposing integration along several dimensions to better understand...

This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the tariff increases, a discussion of the background of the trade conflict, and an analysis of the economic effects of the trade conflict, based both on empirics (ex post analysis)...

Macroeconomic policies that aim to achieve clear and beneficial trade relationships are of utmost importance to a developing country due to complex global economic integration. This is particularly the case for Nigeria's bilateral trade relationships and is a determinant of the size and...

The General Agreement on Trade in Services (GATS) under the WTO is a newly-born and the first ever multilateral agreement on trade in services. Despite of potential development and welfare prospects abound in the services sector, only moderate liberalization has been achieved under the GATS and...

This paper provides trade flow projections for major Asian developing economies (ADEs) up to 2030 against the backdrop of an in-depth analysis of policy shifts and trade patterns over the past 4 decades. Merchandise trade of ADEs has grown at a much faster rate in the global context, with a...

We estimate that a hard Brexit would reduce UK agro industrial imports from the EU by 50%. The UK Government has proposed to substitute the Common Agricultural Policy with market-oriented policies. It has also expressed interest in signing free trade agreements with interested countries and is...

The China-US trade relation has been plagued by the threat of MFN revocation in the past 10 years. The recent passage of China WTO bill in US House of Representatives paves the way for eventually granting China the Normal Trade Relations (NTR, formerly MFN) status on a permanent basis. As a...

With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with the...

Amidst the recovery from the impact of the COVID-19 pandemic, Russia’s war of aggression against Ukraine has resulted in new challenges to the global economy and to international trade. This report relies on detailed trade data to assess the impact of these two overlapping shocks on...

This exploratory study examines the export potential of the East African Community (EAC) within the new African Continental Free Trade Area (AfCFTA) and the impending COMESA-EAC-SADC Tripartite Free Trade Area (TFTA). The research aims to determine the EAC's export potential, identify key...