Implementing the WTO Trade Facilitation Agreement (TFA) could reduce worldwide trade costs by anywhere from 12.5% to 17.5%, according to new OECD analysis, with the greatest benefits accruing in developing countries.
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Policy brief detailing the findings from the 2015 OECD Trade Facilitation Indicators and the potential impact of the WTO Trade Facilitation Agreement on trade costs.
May 2015 OECD trade newsletter featuring the latest analysis on developing countries and GVCs as well as localisation barriers to trade.
International trade slows sharply in first quarter of 2015
The Annual Summit of the International Transport Forum is the unique platform for a global conversation on strategies for transport in the 21st century. It took place in Leipzig, Germany from 27-29 May 2015, under the Presidency of New Zealand under the theme "Transport, Trade and Tourism".
The Netherlands last chaired the OECD Ministerial Council Meeting in 1991, a year when advanced economies accounted for nearly two thirds of global GDP and almost two billion people were living in extreme poverty. The world looks very different today. Emerging markets now account for more than half of global GDP and the number of people living in extreme poverty is down to one billion.
Although global value chains (GVCs) are often considered a defining feature of the current wave of globalisation, little is known about what drives GVC participation; what the benefits associated to growing participation are; or how developing countries engage and benefit from GVCs. This brand new paper provides empirical evidence of the benefits that developing countries can draw from integrating into GVCs.
March 2015 OECD trade newsletter featuring the latest analysis on the impact of services trade restrictions on trade flows across different sectors.
Mixed signals on trade in Q4 2014 as US dollar appreciates against major currencies
Merchandise trade growth picks up strongly in Q3 2014 in China and India but slows in most other major economies