It has been shown that poor trade infrastructure is a key reason for Africa's weak exports. This column goes a step further and provides evidence that the delays in inland transport are the most crucial factor restricting Sub-Saharan Africa's trade. Policy makers’ focus on foreign trade policy may therefore be misguided.
Caroline Freund, Nadia Rocha, Friday, December 11, 2009 - 00:00
Simon J Evenett, Bernard Hoekman, Monday, July 6, 2009 - 00:00
For most nations in the world, this is a trade crisis. Leaving China and India aside, income of developing nations is expected to drop 1.6% this year, even though these nations had nothing to do with subprime assets or the financial shenanigans that triggered the crisis. A new CEPR-World Bank e-book reports that protectionism is not yet a problem, but argues that the “fateful allure of protectionism” is a threat. To counter the threat, four concrete steps should be taken to reinforce the global trade and financial architecture.
Gary Clyde Hufbauer, Sherry Stephenson, Monday, May 11, 2009 - 00:00
A new CEPR Policy Insight looks at whether a change in developing countries' trade policy might relieve some of the pain from the current crisis.
Richard Baldwin, Saturday, April 4, 2009 - 00:00
G20 leaders made a number of commitments on trade in their London Communiqué. This column argues that the anti-protection pledge is more credible than the one agreed in the Washington Declaration. The commitment on the Doha Round, by contrast, was pitiful.
In the fall of 2008, the world financial system seems on the verge of collapse. A decade earlier, the crisis in East Asia affected the lives of millions overnight. Dramatic changes in China and India have a severe impact on the world economy. While living standards in some developing countries have improved, poverty remains rampant in many. These are some of the serious economic challenges facing the world. Everywhere, development organizations, NGOs, government agencies, central banks, and investment banks are looking for experts who can apply cutting-edge analysis to solve such problems. The program combines rigorous analytical training with a strong focus on policy. For more information, visit www.barcelonagse.eu/ITFD.html
Gary Clyde Hufbauer, Jeffrey J. Schott , Thursday, February 5, 2009 - 00:00
The “Buy American” provision in the US stimulus package would violate US trade obligations, damage the US' reputation, and have almost no real impact on US jobs. Moreover, the provisions will be read as an Obama trade policy that leans toward protectionism – with severe consequences abroad.
CEPR and the Paris School of Economics are jointly organizing (with financial assistance from Agence Nationale pour la Recherche, ANR) a one and a half day workshop focusing on conflicts, globalization and development. The workshop will take place at the University Paris 1 Panthéon-Sorbonne campus of the Paris School of Economics. Papers are being sought that focus on the following topics: · Causes and consequences of violent conflicts: civil wars, interstate wars, terrorism, rebellion... · Arms trade · International trade, capital flows and violent conflicts · Institutions and violent conflicts · Multilateral institutions and conflicts . Political versus economic causes of conflicts...
Gabriel Felbermayr, Farid Toubal, Saturday, July 19, 2008 - 00:00
This column introduces the use of Eurovision song contest scores as a measure of cultural proximity. Unlike other measures, such as common language or religion, Eurovision scores are asymmetric and time-varying, allowing estimates to distinguish between two potential channels through which cultural proximity might affect trade: trade costs and consumer preferences.
Patrick A Messerlin, Jinghui Wang, Saturday, May 24, 2008 - 00:00
EU-Chinese trade relations are disappointingly stagnant. This column proposes a new European strategy for China, suggesting a small, feasible bargain to jump-start economic engagement with the emerging giant.
Kris James Mitchener , Friday, April 11, 2008 - 00:00
Institutions play a central role in determining trade flows. Evidence from the age of high imperialism suggests that political relationships can be as powerful at dictating trade flows as geography and other institutional factors, such as currency unions or widespread fixed-exchange rate regimes like the gold standard.
Richard Baldwin, Friday, February 29, 2008 - 00:00
Trade liberalisation is proceeding everywhere but at the WTO: while nations drag their feet in Geneva, they sign bilateral trade agreements by the dozen. Finishing the ongoing WTO talks is important, but regionalism is the new reality. To maintain its relevance, the WTO must adapt, as regionalism is here to stay.
Karolina Ekholm, Karen-Helene Ulltveit-Moe, Monday, July 30, 2007 - 00:00
In recent years, the skill premium in the US manufacturing sector is declining and the skill intensity increasing. The authors of CEPR DP6042 argue that this pattern can be linked to globalization and the rise in offshoring.
Janine Aron, John Muellbauer, Thursday, July 26, 2007 - 00:00
Changes in openness to trade can disrupt the inflation forecasting on which many nations' monetary policies depend. New research suggests an innovative time-series openness measure that addresses some of the shortcomings of existing measures.
Eric Edmonds, Nina Pavcnik, Thursday, July 19, 2007 - 00:00
Why are children working? Eliminating trade-linked jobs does not change the circumstances that cause children to work. Empirically, children are less likely to work in countries with more international trade.
Guy Michaels, Xiaojia Zhi , Monday, July 9, 2007 - 00:00
Estimates suggest that the worsening relations reduced US imports from France by about 5 billion dollars and US exports to France by about 2 billion dollars in 2005 compared to other countries.
Nikolaus Wolf, Max-Stephan Schulze, Saturday, July 7, 2007 - 00:00
Recent estimates of Habsburg Empire trade suggest that borders matter as long as ethno-linguistic networks matter. The EU needs to find a new deal on language policy, if it is to achieve a truly common market.