The main idea of this paper is that the China (Shanghai) Pilot Free Trade Zone should proactively align with international high - standard investment facilitation rules (especially the WTO Agreement on Investment Facilitation, the Comprehensive and…
Recent research on international trade suggests that economic development and growth occur as countries gain knowledge and learn to produce and export more sophisticated products. This study examines the effect of trade facilitation on economic…
Digital trade is one of the promising areas for the African Continental Free Trade Area (AfCFTA) and a factor of succcess of the African Union Digital Transformation Strategy (DTS) for Africa (2020–2030). However, the benefts of digital trade are…
When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…
We study the effect of the labor clauses (LCs) in preferential trade agreements (PTAs) on the informal economy. Using a sample comprising 112 countries for the period 2000-2017, we show that PTAs increase informality in low- and middle-income…