Development and building trade capacity

The distinction between formal and informal employment is somewhat fuzzy. Instead of a single, universally accepted concept there are many different and often competing views which are refl ected in a multiplicity of defi nitions. These, in turn, are linked to the plurality of methodologies that are used to quantify informal activities. This chapter presents existing views and defi nitions, as well as an integrated approach which is currently emerging based on t Read More

The relationship between economic growth, poverty reduction, and trade is not a simple one. Although great progress has been made in reducing the number of people living in extreme poverty, due in large part to the rapidly growing participation of developing countries in the global economy, nearly one billion people still live on less than $1.25 per day.

The creative sector is an important source of growth in the global economy, and digital creative trade has increased sharply in recent years and particularly in the context of COVID-19. Digital content is replacing physical goods in the sector, for example, in music, books and gaming. Digital aggregators like Amazon, Apple, Netflix, Spotify, TikTok and YouTube have fuelled rapid growth and diversified earnings towards streaming, ad-supported income a Read More

While Africa’s share of global value-added trade has increased significantly during the past 20 years, connecting African small and medium-sized enterprises (SMEs) to value chains and turning the support for greater intra-African trade into a reality remains challenging. Ensuring that the trade discourse is fully integrated into this development story is critical and countries, especially those that have recently acceded, have to be supported to recognise an Read More

Trade can be a powerful engine for development. But harnessing trade for development in Africa requires investment to foster lasting economic transformation. Investment, therefore, is key to unlocking the potential of trade-led growth. While flows of foreign direct investment (FDI) into Africa paint a familiar picture of the dominance of extractive industries, the reality is more nuanced and promising. The fact that FDI stocks in Africa are geared Read More

Trade plays a critical role in addressing hunger, food security, nutrition and sustainable agriculture, contributing to healthy lives and wellbeing, employment and growth.

Digital innovations are transforming the global economy. The decline in search and information costs, rapid growth of new products and markets, and emergence of new players ushered in by digital technologies have the promise of boosting global trade flows, including exports from developing countries. At the same time, digital technologies are also threatening privacy and security worldwide, while developing countries that lack the tools to compete Read More

La tecnología de la cadena de bloques parece sumamente prometedora para impulsar la participación de las mujeres en el comercio internacional. El anonimato y la eficiencia de las cadenas de bloques podrían ayudar a que muchas mujeres, que de lo contrario se verían frenadas por la ley, los hábitos o los elevados costos, puedan participar en transacciones financieras y comerciales. Las cadenas de bloques se pueden utilizar para permitir a las muj Read More