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04/28/2017
Scott Baier, Yoto Yotov, Thomas Zylkin

There is a large empirical literature examining the effects of free trade agreements. However, most studies to date have focused on a common average effect across all agreements or have assumed that the effects are common across similar types of agreements. This column examines heterogeneity in the effects of free trade agreements.

04/26/2017
Lorenzo Caliendo, Robert Feenstra, John Romalis, Alan Taylor

Tariff barriers today are small on average, suggesting only limited welfare gains from their removal. This column argues, however, that the current generation of standard trade models have missed an important source of gains from trade by neglecting the more complex case of a world with production linkages and multiple sectors.

04/20/2017
International Monetary Fund (IMF)

Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according to Chapter 1 of this World Economic Outlook. World growth is expected to rise from 3.1 percent in 2016 to 3.5 percent in 2017 and 3.6 percent in 2018.

01/01/2014
United Nations Environment Program

This handbook aims to foster a better understanding of the inter-linkages between international trade, the environment and the green economy. It therefore focuses on national and international trade policy and rules, on environmental governance and principles, and the relationship between both.

04/10/2017
International Monetary Fund (IMF), World Trade Organization (WTO), The World Bank

In this study the authors argue that the benefits from opening trade are broad and deep. Trade liberalization has generated higher living standards through greater productivity, increased competition, more choice for consumers and better prices in the marketplace. At the same time, it is clear that some parts of the world have suffered from the impact of import competition.

03/14/2017
Chad P. Bown, Daniel Lederman, Samuel Pienknagura, Raymond Robertson

This book proposes a renewal of 'Open Regionalism' in Latin America and the Caribbean (LAC) aimed at achieving the region's goals of high growth with stability. The LAC region experienced a growth spurt with equity during the first decade of the 21st Century.

04/04/2017
Inter-American Development Bank (IDB)

The 2017 Macroreport considers recent developments in the global economy and how they may affect Latin America and the Caribbean. It reviews how countries are adapting to external conditions and how those policies may be improved. This year, the report focuses particularly on deeper and smarter regional integration as an attractive route to boost productivity and growth.

03/28/2017
Arancha González Laya

Latin America’s economic downturn seems finally to have bottomed out. Positive, if modest, growth is forecast for this year. But as the region recovers from the end of the commodity super cycle, a new threat is weighing on growth prospects: protectionism and economic nationalism.

11/30/2016
World Economic Forum, Global Alliance for Trade Facilitation

Co-published by the World Economic Forum and the Global Alliance for Trade Facilitation, the Report features the Enabling Trade Index, which evaluates 136 economies based on their capacity to facilitate the flow of goods over borders and to their destination. Discover the 2016 rankings, the key findings, your economy’s scorecard, and much more.

03/06/2017
Antoni Estevadeordal

Across Latin America and the Caribbean (LAC), governments are asking how they can spur growth in a challenging and uncertain global context.

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