A trade policy that is global in perspective and the lowering of trade costs are critical for Ukraine. Two regional trade agreements are at the center of attention in Ukraine. One is the Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU that Ukraine has, at least temporarily,...

The value of world trade has increased 27-fold since 1950, three time more that the growth of global GDP. An increasing share of that trade involves international supply chains and the global fragmentation of production. But many countries do not participate intensively in this process. One...