both advanced and developing economies; and for the influence of shifts in the terms of trade …

prioritize human capital accumulation and reduce barriers to trade. Other policy areas include improving quality of institutions … and developing the financial sector. For commodity exporters reducing barriers to trade is the most important driver of …

Over the last two decades, world trade and production have become increasingly organized around global value chains … evolution over time in order to contribute to this topic. We find that GVC-related trade, rather than conventional trade, has a … the standard gravity literature for GVC trade; highlighting the key role of institutional features such as contract …

general equilibrium (CGE) trade model calibrated to 165 countries. The first scenario estimates effects from potential U … to capture dynamic effects, such as those stemming from trade policy uncertainty. More generally, our results both …

disentangle effects from various channels that interact at the same time, such as flows of tourists, trade of goods, and changes …

gains from trade. Those gains are realized through exchange rate adjustments that cause a temporary reallocation of … containment policies that aim at optimizing global welfare further enhances the ability of countries to exploit trade …

. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …

decouple via 'preferential attachment' - id est by aligning themselves with the hub they trade most with. All global technology … straddle multiple hubs generally lose, whereas those whose trade is heavily concentrated with one hub may gain due to reduced …

This paper surveys the literature on the relationship between international trade and inclusive growth. It examines … claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …, especially from EMEs like China, spurring trade tensions and protectionist measures. The paper investigates the conflicting …