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Of Gazelles and Gazillas

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, pushing...

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Beggar Thy Neighbor’s Beggars? Using Trade Policy to Moderate Food-Price...

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. During...

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Trade Regionalism in the Asia-Pacific: New Game, Old Rules?

Editor's Note: This blog draws on the forthcoming article “New Trade Regionalism in Asia: Looking Past the Sino-American Great Game," written by Swarnim Wagle, to be published in the Global Emerging...

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New Online Tool for Calculating Trade Indicators

Access to reliable, accurate, and up-to-date data is crucial to the analysis work we do here at the World Bank. Making sure we have that data and making it as accessible as possible to others is...

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The WTO Environmental Goods Agreement: Why Even A Small Step Forward Is a...

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 that...

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为何越来越多的国家“拥抱”工业园区? [VIDEO]

在20世纪50年代末,一群在爱尔兰西部一个小城镇郊区的商人和官员们意识到当地机场正面临着失去国际航班的危机。他们深知中转旅客和航空公司对于当地经济的重要性,于是批准了一份在机场附近建立特殊工业区的提案–世界上最早的现代自由贸易区就这样在爱尔兰的香农地区(Shannon)成立了。今天,这一概念已走向世界,据国际劳工组织估计,全球有4300多个不同类型的产业园区。笔者估计实际数目还要高。...

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Why are more countries embracing industrial zones? [VIDEO]

In the late 1950s, a group of businessmen and politicians on the outskirts of a small town in western Ireland realized their local airport was in jeopardy of losing its international flights. Knowing...

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Three Opportunities and Three Risks of the Belt and Road Initiative

The Belt and Road Initiative (BRI), first proposed by Chinese President Xi Jinping in 2013, is an ambitious effort to deepen regional cooperation and improve connectivity on a trans-continental scale....

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Trade Linkages Among Belt and Road Economies: Three Facts and One Prediction

A key objective of the Belt and Road Initiative (BRI) is to promote international trade among participating economies. As a first step to understanding how the BRI will transform trade flows, we need...

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Exposure of Belt & Road Economies to China Trade Shocks

The Belt and Road (B&R) Initiative seeks to deepen regional integration by improving infrastructure and strengthening trade and investment linkages along the old Silk Road, from China to Europe....

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Beyond Infrastructure: Trade Facilitation Priorities for the Belt and Road...

Countries participating in the Belt and Road Initiative face a major challenge in facilitating trade. While large investments in trade-related infrastructure capture global headlines, transaction costs...

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Six Corridors of Integration: Connectivity Along the Overland Corridors of...

The six land corridors that are the “Belt” part of the Belt and Road Initiative (BRI) connect more than sixty countries, a number that keeps growing as more and more countries join. However, even as...

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Foreign Investment Growth in the Belt and Road Economies

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...

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How Much Will the Belt and Road Initiative Reduce Trade Costs?

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 BRI is...

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