28 Ene 2020, 00:00 - 14 Oct 2025, 17:39
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Publicación
The economies of the Caribbean face several challenges, such as a lack of economies of scale in production of goods and services exacerbated by small populations, narrow internal markets and scarce capital, which limit the economic gains from self-sufficiency. For this reason, more emphasis should be placed on building export capacity and facilitating trade. If we examine the characteristics of firms in the subregion, the majority can be categorized as small and medium-sized enterprises (SMEs). Moreover, only about 13 per cent of these SMEs export. This suggests that on average the subregion i…
Seeking to deepen the understanding about the relationship between non-tariff measures (NTMs) and international trade, this work estimates bilateral volume effects of imposing NTMs on international trade, focusing on two of the most observed measures: technical barriers to trade (TBT) and sanitary and phytosanitary (SPS) measures. Estimates were carried out for more than 5,000 products at the 6-digit level of the Harmonized System using a panel for 2001-2015 with NTM data notified by more than 150 member countries of the World Trade Organization (WTO).…
The Association of Southeast Asian Nations (ASEAN) has become one of the most important players in the global trading system. Comprising 10 countries with very diverse income levels, ASEAN is now the world’s fifth largest economy and plays a central role in the so-called “Factory Asia”. This document begins with an overview of the history and institutions of ASEAN, before focusing on one of its three pillars: the ASEAN Economic Community (AEC), including a critical assessment of outcomes in the areas of trade in goods, trade in services and investment, among others. The document draws best pra…