Out of the Border Labyrinth: An Assessment of Trade Facilitation Initiatives in Latin America and the Caribbean sheds entirely new light on the trade effects of trade facilitation measures by examining unprecedented transaction-level data for several countries in Latin America. The author finds that trade actually expanded as a consequence of such facilitation measures and that the primary channel has been shipping frequency. Based on these econometric examinations and careful institutional case studies, Out of the Border Labyrinth systematizes a new line of trade policy research and informs policymaking and assistance activities by international organizations by providing tools that will help design and assess policies in an area that will be very active in upcoming years as countries work towards implementing the multilateral agreement reached in Bali.

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Although services facilitation is recent topic of discussion at the World Trade Organization, it is not novel in the context of regional trade agreements (RTAs), where provisions on increased trans... READ MORE

With a growing number of transactions available on the internet, the interconnection between regulatory issues creates unprecedented complexities for both transaction subjects and policymakers. Thr... READ MORE