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Trade Topics

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Trade facilitation in global value chains: Assessing the role of maritime connectivity and trading across borders
This paper examines the impact of trade facilitation factors on trade flows, with a particular focus on Global Value Chains (GVCs) in the agricultural and manufacturing sectors. Using the structural gravity model of international and intra-national…
Joint Statement Initiatives: A Legitimate End to ‘Until Everything is Agreed’?
At World Trade Organization (WTO), nothing is agreed until everything is agreed and until everyone agrees at the negotiating tables, and that ‘magic’ moment has been difficult to arrive at. Some WTO Members have argued that if all Members cannot…
Disciplining CBDCs: Achieving the Balance between Privacy Protection and Central Bank Independence
Central bank digital currency (“CBDC”) is a crucial FinTech development that aspires to overhaul the current payment system. In the wake of the COVID-19 pandemic, CBDCs' promises to reduce personal contact, facilitate socially desirable use of…
Global value chains and firms’ environmental performance, published in World Development
This paper analyzes the link between joining global value chains (GVCs) and firms’ environmental performance. Based on new survey data for firms in countries in Central Asia, Eastern Europe, and MENA, we use propensity score matching (PSM) to…
Adequate Level of Data Protection and ADR in Cross-border Data Disputes — International Trade Law Perspective
Regulatory measures on cross-border data flows are essential to personal data protection laws. The General Data Protection Regulation (“GDPR”) of the European Union (“EU”) is one of such influential personal data protection regimes, which has become…
Global Value Chain Participation and Real Effective Exchange Rates: Insights from Tunisia
Management potential of an international trade network based on cointegration analysis
This article investigates whether cointegration approach can be the basis of an international trade network and whether such a network is relevant for analysis. We fit data on international-trade flows with a cointegration specification using…
Convergence on e-commerce: the case of Argentina, Brazil and MERCOSUR
E-commerce is growing rapidly in Argentina and Brazil, and in both countries the share of the population participating in e-commerce transactions exceeds the Latin American average. Both countries have established a legal framework for data…
Global value chains in the age of internet: what opportunities for Africa?
This chapter analyses the impact of the internet on global value chains (GVCs) in Africa. We investigate the effect of internet adoption on forward participation and backward participation of African countries in GVCs. We conduct the estimations…
Export diversification and industrial policy in Tunisia
This paper explores the Tunisian experience of exports diversification and the role played by industrial policies. It describes the general trends and the dynamics of diversification using a very disaggregated data set on exports for the period 1995…