This report is a new global effort by all United Nations Regional Commissions (UNRCs) to systematically collect and analyze data on the implementation of trade facilitation in general and single window and paperless trade in particular. This report features the results of the 2015 UNRCs Joint Survey on Trade Facilitation and Paperless Trade implementation for the Latin America and Caribbean region and provides a region‐wide overview of implementation of trade facilitation measures across countries.
Services exports from Asia-Pacific least developed countries (LDCs) are growing in volume and should be further encouraged as they can contribute towards export diversification and development. Unlike in the case of merchandise trade, however, until recently LDCs did not receive any preferential market access in services trade. Progress is finally being made towards implementation of a 2011 WTO mechanism (the ‘Services Waiver’) that provides a route for countries to voluntarily offer LDCs preferences in services.
This report is a new global effort by all United Nations Regional Commissions (UNRCs) to systematically collect and analyze data on the implementation of trade facilitation in general and single window and paperless trade in particular. This report features the results of the 2015 UNRCs Joint Survey on Trade Facilitation and Paperless Trade implementation for the West Asia region and provides a region‐wide overview of implementation of trade facilitation measures across countries.
This issue of the Trade Insights series provides analysis of the recently released United Nations Regional Commissions (UNRC) Global Trade Facilitation (TF) and Paperless Trade Implementation Survey 2015 for 44 economies and 5 sub-regions across the Asia-Pacific. The survey provides data on the implementation of 38 TF measures, including but not limited to those featured in the WTO Trade Facilitation Agreement (WTO TFA).
Myanmar is emerging from decades of military rule, central planning and economic isolation as it implements political and economic reforms and, as a result, faces fewer international sanctions. The country has great potential for rapid development due to its vast natural resources, abundant labour force and geostrategic location. Capitalizing on these assets to achieve its goal requires well-implemented regulatory and institutional reform.
This working paper introduces the concept of Trade in Value Added (TiVA) and presents an initial analysis of TiVA for selected regional ESCAP economies. The paper introduces Global Value Chains (GVCs) and issues for the measurement of trade statistics due to proliferation of GVCs. It further presents the TiVA estimation methodology, as defined in the literature, and provides an overview of the data requirements for estimation. The paper reviews current initiatives on regional / international input-output tables (IOTs) and TiVA analysis, and availability of data in the Asia-Pacific region.
This publication examines the impact of non-tariff measures (NTMs) on trade in the Asia-Pacific region. As tariffs on traded goods have fallen on average over recent years, non-tariff measures have emerged as one of the principal obstacles to trade. In recent years there has been a proliferation of new NTMs in Asia-Pacific economies, including in developing countries. This proliferation of NTMs may be disadvantageous for developing economies in general, and least developed countries in particular.
“Servicification” is most simply defined as an increased use of services in manufacturing processes. The impact of servicification on the competitiveness of the industrial sector has not been adequately addressed, especially in policy discussions, because of limited data availability. However, the OECD-WTO TiVA database now fills this gap for a selected number of economies. This brief provides information on the services content of industrial exports of these countries and offers some insights on the role of services in building trade competitiveness.
To integrate further least developed countries (LDCs) into the global and regional economies, a number of countries have introduced Duty-Free Quota-Free (DFQF) schemes for LDCs, allowing their imports to enter without paying tariffs. This note reviews those schemes and finds that Asia-Pacific LDCs are increasing their share of global exports, but while improved market access through DFQF schemes is useful, the developmental benefits will be limited unless the schemes are made relevant and usable.
The recent collapse in international commodity prices (June 2014 to February 2015) has both positive and negative implications for Asia-Pacific economies, depending upon net commodity-trade positions. Here the focus is on the impacts to net commodity-importing economies. In the short-run, these economies are likely to benefit from a downturn in commodity-prices. Major consequences include: higher disposable incomes, greater domestic demand, and faster economic growth.