Trade Facilitation: Diplomacy May Be Catching Up
In September 2003, one of us was among the delegations of trade representatives from around the world that gathered in Cancun, Mexico, for one of the first Doha rounds…
Trade Opening Could Be a Source of Growth for Brazil
Capital Finance International, Autumn 2015 International trade has undergone a radical transformation in the past decades as production processes have fragmented along cross-border value chains. The Brazilian economy has remained…
Container Ship Bow
The Curious Case of Brazil’s Closedness to Trade
World Bank - Policy Research Working Paper 7228 As of 2012, Brazil was the country most closed to trade, by measure of trade penetration (combined share of exports and imports…
Are Mega-Trade Agreements a Threat to Brazil?
The landscape of international trade negotiations has been undergoing an upheaval. On the multilateral level, after 15 years of unsuccessful attempts to close the Doha Development Round at the…
Financial Times – The cost of Brazil’s closed economy
Brazil’s is an unusually closed economy as measured by trade penetration, with exports plus imports equal to just 27.6 per cent of GDP in 2013. As the potential productivity gains from participation in global production networks increase, so does the opportunity cost of Brazil’s failure to open its economy.
The curious case of Brazil’s closedness to trade
The curious case of Brazil’s closedness to trade - VoxEU While Brazil has become one of the largest economies in the world, it remains among the most closed economies as…
Why Brazil should embrace global value chains
International trade has undergone a radical transformation in the past decades as production processes have fragmented along cross-border value chains. The Brazilian economy has remained on the fringes of this production revolution, maintaining a very high density of local supply chains. This article calls attention to the rising opportunity costs incurred by such option taken by the country.
For Brazil, “the motto must be pragmatism.”
The Brazilian Economy For Brazil, “the motto must be pragmatism.” - Otaviano Canuto has observed the boom in Latin American exports of commodities from a variety of positions at the…
The High Density of Brazilian Production Chains
International trade has undergone a radical transformation in the past decades as production processes have fragmented along cross-border value chains. The Brazilian economy has remained on the fringes of…
South-South Trade through Value-Added Glasses
Using gross figures of exports and imports to approach the contribution of trade to economic growth and a country’s resource allocation may be misleading. Products often cross borders more…
What It Takes for Trade to Reduce Poverty in Africa
Despite tremendous progress in poverty reduction over the last two decades, poverty still persists. Along with South Asia, Africa is a region where large numbers of people continue to live…
China: The Morphing Dragon
The metamorphosis of the dragon may involve painful growing pains, including the risks of a hard landing that many analysts attribute to the current transition. The forthcoming two decades are setting the next stage of a half-century that could be marked by dramatic economic transformation, creating both challenges and opportunities for China and the rest of the world.
Truck mechanics at the port in Tema, Ghana, June 16, 2006. (Photo by Jonathan Ernst)
Trade: The World Is Not Flat Yet
Thomas Friedman’s bestseller The World Is Flat highlights the strong forces pushing the world towards a single economic platform. The technology-fueled globalization in the provision of services, and the widespread organization…
The Brazilian competitiveness cliff
VoxEU Brazilian exports of goods and services have grown sharply in recent years, tripling since 2000. This column argues that Brazil’s export performance depends mostly on favourable geographical and sector…
Wilson Center – How to Improve Brazil’s Industrial Growth and Export Performance
How to Improve Brazil's Industrial Growth and Export Performance https://youtu.be/jnBvogssgQQ Low industrial productivity growth and disappointing export performances are the center of an economic policy debate raging in Brazil.…