Global trade imbalances narrowed in the aftermath of the global financial crisis. They have remained at a lower level but are still of concern to policy makers because of the risks they pose to individual economies, as well as globally. However, the ultimate causes of these imbalances are not...

This paper presents additional findings from the on-going work of the OECD project on trade preference erosion. The purpose was to assess in more detail the situation of those preference-reliant countries seen as being most at risk of experiencing negative welfare effects from preference erosion...

This paper presents the new findings from the on-going work of the OECD project on trade preference erosion. Following a review of the recent literature, the paper develops two main types of analysis. First, a detailed statistical analysis is undertaken drawing on the trade preferences database...