Trade Facilitation and Global Value Chains: Opportunities for Sustainable Development
This paper analyzes the relationship between global value chains (GVCs) and trade facilitation, and its contribution to sustainable development outcomes on low-income and least developed countries (LICs and LDCs). A key insight of the paper concludes that it is not fundamentally GVCs that drive the sustainable development implications of improved trade facilitation, but the resulting extension and intensification of economic activity. It underlines the importance of putting in place domestic regulatory infrastructure that considers the appropriate economic, social, and environmental dimensions to ensure that GVCs remain consistent with the global commitment to sustainable development, while expanding economic opportunities of LICs and LDCs.
Author: Ben Shepherd
Tags: Trade Facilitation, Trade, Global Value Chains, Sustainability, Sustainable Development, Least Developed Countries, LDC
World Trade Report 2015
The World Trade Report 2015 is the first major study to comprehensively examine the benefits and challenges of implementing the World Trade Organization's Trade Facilitation Agreement (TFA) since its adoption in 2014. It discusses the importance of implementation of the TFA, its economic impact, and the steps being taken by the WTO to enable countries to maximize its benefits. This report presents further evidence that speedy and extensive implementation of the TFA will lead to bigger gains, particularly for developing countries and least developed countries.
Author: World Trade Organization
Tags: Trade, LDC, Trade Facilitation
Evaluating Aid for Trade on the Ground: Lessons from Bangladesh
This paper assesses the effectiveness and impact of aid for trade (AfT) in Bangladesh in a series of eight country studies by the International Center for Trade and Sustainable Development. The study argues that the results for AfT are mixed for Bangladesh since it has addressed supply side constraints and contributed to enhancing export competitiveness. However, lack of efficient administrative mechanisms, limited human capacity, and political instability that lead to low absorption capacity limits the overall effectiveness and impact of AfT in Bangladesh.
Author: Fahmida Khatun, Samina Hossain and Nepoleon Dewan
Tags: Bangladesh, Trade, Aid for Trade, Sustainability, Export, Development, Asia, Gender, LDC, Least Developed Countries