A new World Bank study concludes that the Belt and Road transport corridors could substantially improve trade, foreign investment, and living conditions for citizens in participating countries—but…

Martin Raiser, Michele Ruta |

The rise of blockchain promises to revolutionize many sectors, including cross-border trade logistics and global supply chains: blockchain can help track international shipments more effectively,…

Chi Fung Fan, Almud Weitz, Yin Lam |

To optimize the benefits of trade, trade facilitation efforts should aim to reduce the cost of trading across borders for everyone, not just large corporations. Many of smaller-scale trading…

Heidi Stensland Warren , Maria Liungman, Aileen Yang |

Investors want to ensure that their investment will be subject to predictable and stable rules and are well-protected from arbitrary government conduct. One fundamental set of tools that…

Trang Tran, Priyanka Kher |

As recently as 2017, cargo truck drivers bringing shipments of goods across the border of Guatemala and Honduras often brought along one unexpected item: a hammock. This is because clearing…

Bill Gain, Mayra Alfaro de Morán |

China has assured the world that its Belt and Road Initiative (BRI) will be green. While broad polices have been proposed to support this pledge, there is little evidence of project guidance or…

Elizabeth Losos, Alexander Pfaff, Lydia Olander, Sara Mason, Seth Morgan |

When it comes to trade, speed is of the essence. This is especially true for developing countries integrating with global markets. When goods and inputs are time sensitive, delays can be…

Nadia Rocha, Suprabha Baniya, Michele Ruta |

The Belt and Road Initiative (BRI) is a development strategy proposed by China to improve cooperation on a trans-continental scale. The range of projects and activities that will be part of the…

Michele Ruta, Alen Mulabdic, Siobhan Murray, Nadia Rocha, François de Soyres |

A major objective of the Belt and Road Initiative (BRI) is to reduce the time and cost it takes to transport goods and people across BRI economies. Many of these countries face serious gaps in…

Maggie Xiaoyang Chen |