Many countries use trade policy to protect their own consumers from spikes in international food prices. It turns out that this well-intentioned practice can actually do more harm than good.…

Will Martin, Kym Anderson |

Diversification of a country’s exports – increasing both the number of products it produces and the destinations of those products – is considered part of the path to development. Many economists…

Gonzalo Varela, Julia Oliver |

Sometimes trade policy works through unexpected channels. In the case of Indonesia, opening the services sector to foreign investment appears to be a way to significantly boost the productivity of…

Gonzalo Varela, Sjamsu Rahardja, Victor Duggan, Julia Oliver |

Governments and policy makers often look to small and medium-sized enterprises to drive growth in developing economies. These SMEs are held up as incubators of creativity and entrepreneurship,…

Megha Mukim, Michael Ferrantino |

Chile has long been known as a superstar in liberalization reforms and innovative export-led growth strategies. The country successfully exports tourism and transportation services. But these…

Sebastián Sáez, Julia Oliver |

The state-owned operator of Indonesia’s Tanjung Priok Port is taking major steps to decrease congestion at the country’s main gateway. The company, Pelindo II, recently announced it will increase…

Henry Sandee, Julia Oliver, Natalia Cubillos Salcedo |

A troubling phenomenon is occurring in large, emerging economies: the gates are closing. Governments, skittish about global economic trends, are introducing new policies to limit imports and…

Mariem Malouche, Julia Oliver |