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TCdata360: Filling Gaps in Open Trade and Competitiveness Data

Klaus Tilmes's picture
The World Bank Group just launched a new open data platform for trade and competitiveness – TCdata360. Try it today and share your visuals on Twitter with the hashtag #TCdata360.

Open data – statistics that are accessible to all at little or no cost – is a critical component of global development and the World Bank Group’s twin goals of ending poverty and boosting shared prosperity. How can we measure progress towards our objectives without a method of tracking how far we’ve come?

Much More to Competitiveness than Real Exchange Rates

Gonzalo Varela's picture
Policymakers often associate competitiveness with real exchange rates. Not too long ago, firms in Southern European countries attributed their difficulties to compete in global markets with a strong Euro. Worldwide, a lot has been discussed on the implications of an undervalued yuan on the chances of competing with Chinese firms. Also a few years back, Brazil’s finance minister argued that an ‘international currency war’ had broken out, as governments around the globe competed to lower their exchange rates to boost competitiveness.

Nepal: How a 21st century trade policy framework could boost exports, jobs and economic growth

Cecile Fruman's picture
Equipped with unique tourist destinations, a strong national brand, and favorable trade positions with developed countries, Nepal is a country full of untapped potential. But several obstacles are holding it back from being a modern and globally connected economy. Some of these are unavoidable, such as its remote and landlocked location. But others, including outdated and restrictive trade and investment policies, lack of sufficient infrastructure, and a low capacity for adhering to quality standards for exports, could be resolved with a more modern trade framework.

From local to global ambitions: the benefits of standards compliance

Karuna Ramakrishnan's picture
Standards are a critical element of the trade landscape. Standards are regulations set by either public or private bodies (including firms) to ensure that products are fit for consumption, that they meet specific technical standards, or that they can be used as inputs for specific commercial processes such as manufacturing. Developing countries are often hampered by a lack of access to independent and credible inspection, testing, certification and accreditation services – what can be termed the “standards infrastructure." 
 

How Poverty in Sub-Saharan Africa is Linked to China’s Transformation

Csilla Lakatos's picture
It’s hard to talk about China today without talking about its "transformation." In the next decades, China is expected to undergo two significant changes in the way its economy operates: a slowdown in growth and a rebalancing – a shift away from investments and towards consumption. China’s current economic model has been focused on increasing exports. But gradually, the Chinese economy is expected to shift more towards innovation and growth driven by consumption, or purchasing of final goods.

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