Building Firm-level Trade Competitiveness in Emerging Economies
This paper -- produced under the E15 Initiative and implemented jointly by the International Centre for Trade and Sustainable Development and World Economic Forum -- seeks to understand the framework of competitiveness and its implications for international trade. It discusses issues related to firm-level competitiveness, including the determinants; quality tools and models to address it, especially in developing economies and small and medium enterprises (SMEs); importance of diffusion and learning with a focus on SME growth; and specific policy interventions to improve firm-level competitiveness.
Author: Sharmila Kantha
Tags: Firms, SME, Trade, Development, Sustainability, India, South Asia, Energy
Towards Trade Policy Analysis 2.0: From National Comparative Advantage to Firm-Level Trade Data
This paper argues for the need to upgrade current analytical tools for trade policy analysis and complement them with more detailed, firm-level data. Firm-level data allows a more refined assessment of future impact of trade policy initiatives, improves ex-post assessments, and enhances communication leading to a meaningful engagement with stakeholders, thus reducing public misperceptions about trade policy. A Trade Policy Analysis 2.0 could contribute to a better understanding of international trade for firm competitiveness, job creation, and consumer welfare.
Author: Lucian Cernat
Tags: Trade Policy, Firms, Trade, ADB