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A new WTO Trade Facilitation Agreement would benefit all by increasing developing countries’ capacity to trade, strengthening the WTO’s development mandate, and boosting global economic growth. Indeed, such an agreement could be a down payment on WTO members’ commitment to linking trade and development. A new WTO Trade Facilitation Agreement would benefit all by increasing developing countries’ capacity to trade, strengthening the WTO’s development mandate, and boosting global economic growth. Indeed, such an agreement could be a down payment on WTO members’ commitment to linking ...

The creation of new preferential trade agreements remains a key driver in trade liberalisation, at least bilaterally. This column examines the creation of new agreements, highlighting the effects of pre-agreement bilateral imbalance and within-country income inequality on the likelihood of a preferential trade agreement being formed. The authors suggest that while the creation

Europe set for a mixed open, Yellen talks about higher rates, global tax policy in focus

Toggle open close The world is still reeling from the novel coronavirus that emerged from Wuhan, China, more than one year ago. The most effective mRNA COVID-19 vaccines have been created and manufactured (in record time) by U.S. companies (Pfizer, Moderna, and Johnson & Johnson), and a clear majority of grateful Americans have now been inoculated with them. Meanwhile, much of the developing world is still in desperate need of vaccines, and Americans naturally want to help. The question is how. In early May, the Biden Administration said it would support the deliberate waiver of international...

Europe set for a mixed open, Yellen talks about higher rates, global tax policy in focus