A Note on the Interplay among Trade Facilitation, Global value chains and Income Inequality

Brazil - 1 October 2016

1.Motivation: The increasing relevance of time as a trade barrier;
2.The relationship between time and Global Value Chains (capital intensive goods are more sensitive to time);
3.Can the TFA promote a new wave of fragmentation?;
4.How the TFA is likely to impact on global and country level income inequality?
5. Final remarks