This study examines the role of multinational firms and global value chain linkages in the cross-country diffusion of emerging technologies. The analysis combines detailed information on the near-universe...
This paper quantifies the relationships between deep trade liberalization and foreign direct investment. To this end, it focuses on the effects of deep trade agreements. The analysis relies on a structural...
This paper focuses on the effect of preferential trade agreements and their depth on firm ownership, in particular, along global value chains. It measures shareholder-affiliate ownership links at the country-sector-pair...
The World Trade Organization (WTO) is a rules-based multilateral institution that was established in 1995 as a successor to the general agreement on tariffs and trade (GATT). It seeks to achieve multilateral...
While Malaysia’s economy has had great success, it also faces several challenges including limited services trade. This report seeks to explain the main constraints that are holding back the services sector...
This paper proposes a novel empirical methodology to reveal factors associated with foreign direct investment decisions and export success at the industry level. Faced with large amounts of policy and...
This report includes: introductory considerations; institutional cluster for governing FDI and international trade; and building technical cadres.
Afin de réduire les formalités administratives à la frontière lors des échanges commerciaux entre les pays, les membres de l’Organisation mondiale du commerce (OMC) ont élaboré l’Accord sur la facilitation...
China proposed the Belt and Road Initiative in 2013 to improve connectivity and cooperation on a transcontinental scale. This study, by a team of World Bank Group economists led by Michele Ruta, analyzes...
Despite progress in improving the business climate, Vietnam’s ranking in the Ease of Doing Business 2019 slipped to 69th out of 190 economies, down from 68th last year. This reflects the need to keep pace...
This paper estimates the impacts on The Philippines of deep integration in a modern mega-preferential trade agreement, the Regional Comprehensive Economic Partnership. The paper assesses how the results...
This paper analyzes analyze the impact of deregulatory reforms in India during the 1990s, which eliminated compulsory industrial licensing, on manufacturing firms' investment decisions. The paper finds...
For Costa Rica, the Dominican Republic-Central America-free trade agreement (CAFTA-DR) has been more than a trade agreement. Costa Rica has used trade liberalization and promotion of international trade...
Recent trade theory emphasizes the role of market-share reallocations across firms ("stealing") in driving productivity growth, whereas previous literature focused on average productivity improvements...
The forces unleashed by the Arab political awakening have the power to be transformational. One critical parameter of success will be whether the Arab political awakening is accompanied by a concurrent...
The forces unleashed by the Arab political awakening have the power to be transformational. One critical parameter of success will be whether the Arab political awakening is accompanied by a concurrent...
The forces unleashed by the Arab political awakening have the power to be transformational. One critical parameter of success will be whether the Arab political awakening is accompanied by a concurrent...
The forces unleashed by the Arab political awakening have the power to be transformational. One critical parameter of success will be whether the Arab political awakening is accompanied by a concurrent...
This paper examines two sources of global knowledge spillovers: foreign direct investments and trade. Empirical evidence demonstrates that foreign direct investment and trade can contribute to overall...