Trade policy through 2013: Signs of improvement but new policy concerns

Chad P Bown, 27 June 2014

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How countries apply their trade policies has been of heightened interest since the early days of the Great Recession (Baldwin and Evenett 2009).

Topics: International trade
Tags: G20, Great Recession, protectionism, Trade barriers, TTBs

Do falling trade costs benefit all countries equally?

Dennis Novy, 11 October 2012

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When the Great Recession hit in 2008, many countries experienced a collapse of their exports and imports. For example, US exports went down by around 25% between 2008 and 2009, and Japanese exports declined by a staggering 40%. This Great Trade Collapse has attracted a lot of attention (see Baldwin 2009). Leading explanations include a sharp drop in demand and a trade-credit crunch.

Topics: International trade
Tags: Gravity, Trade barriers, trade costs

Supply chains and behind-the-border trade barriers: Implications for developing nations

Michael J Ferrantino, 11 February 2012

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In recent decades, it has become increasingly common to produce goods in a number of geographically dispersed stages linked by international trade.

Topics: International trade
Tags: non-tariff measures, supply chains, Trade barriers

Is faster trade more trade? Evidence from EU enlargement

Cecília Hornok, 9 July 2011

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Costs of international trade are still large and come in a variety of flavours. Total trade costs for a developed country are around 170% of the traded value (Anderson and Van Wincoop 2004), of which only a minor share are due to trade-policy instruments like tariffs or quotas.

Topics: EU policies, International trade
Tags: free trade, protectionism, Trade barriers

Tear down this wall: On the persistence of borders in trade

Nikolaus Wolf, Volker Nitsch, 9 November 2009

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Twenty years ago, the German economy experienced a massive “integration shock” (Siebert, 1992) that caught most economic agents by surprise.

Topics: International trade
Tags: Berlin Wall, Border effect, Trade barriers

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