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 |

A lack of transparency: it is one of the most common complaints of the private sector in many developing countries where the World Bank Group works. [[tweetable]]Improved transparency can lower…

Marcus Bartley Johns, Bill Gain, Luc Pugliatti |

The entry into force of the WTO Trade Facilitation Agreement on February 22 is a remarkable achievement. The TFA spearheads a global effort to reduce trade costs, helping countries to connect to…

Anabel Gonzalez |

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…

Karuna Ramakrishnan |

Consumers around the world increasingly demand products and services that are simultaneously good for the economy, for the environment, and for society—the triple bottom line of sustainable growth…

Anabel Gonzalez, Daria Taglioni, Miles McKenna |

“Ask anyone you meet on the street whether political risk has risen in the last few years, and you’d likely get a convincing yes, ” a high official from Canada’s Export Development Center recently…

Laura Gómez-Mera, Gonzalo Varela |

Openness to Merchandise Trade and GDP per Capita (Average 2010-2012) A well-established correlation in trade economics is the connection between gross domestic product (GDP) and openness to trade…

Jose Daniel Reyes, Siddhesh Kaushik, Julia Oliver |

Also available in: Français│ Español I recently returned from a trip to West Africa during which I crossed the Benin-Nigeria border by car at the Seme border post. While waiting for our passports…

Cecile Fruman |

International trade has a critical role to play in environmental protection and the effort to mitigate climate change. While it certainly isn’t always framed this way, it is important to realize…

Miles McKenna, Jaime de Melo, Mariana Vijil |

When economists think about price shocks, they consider how a change in price will affect the supply and demand of a product. But when that product is human – i.e., a worker – interpreting the…

Elizabeth Ruppert Bulmer, Claire H. Hollweg |