Key statistics and trends in trade policy 2016 : G20 policies and least developed countries export performance
International trade policies have evolved, with stable tariffs and increased use of non-tariff measures. The G20's impact on least developed countries' exports highlights challenges in market access and compliance, affecting their economic integration.
(Generated with the help of GPT-4)
Quick Facts | |
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Report location: | source |
Language: | English |
Publisher: | United Nations |
Publication date: | 2017 |
Authors: | Alessandro Nicita |
Geographic focus: | Global |
Methods
The research method involved analyzing trade data from various sources, including UNCTAD's Trade Analysis and Information System and WTO databases. It utilized statistical analysis to assess the impact of G20 policies on LDCs' export performance and examined trends in trade policy instruments.
(Generated with the help of GPT-4)
Key Insights
The report analyzes the trends in trade policy, focusing on the G20's influence on the export performance of least developed countries (LDCs). It highlights that LDCs, despite comprising 12% of the global population, contribute only 1% to global merchandise exports. The report emphasizes the challenges LDCs face in integrating into the global economy, including high tariffs and non-tariff measures (NTMs) that hinder their export potential. It discusses the G20's role in providing preferential access to LDCs, which could enhance their competitiveness. However, the report also notes that many LDCs still encounter significant tariffs and compliance costs associated with NTMs. The findings suggest that while improving market access is crucial, it must be complemented by efforts to reduce the burdens of NTMs to achieve sustainable economic growth for LDCs. The report is divided into sections covering tariffs, trade agreements, non-tariff measures, trade defense measures, exchange rates, and trade costs, providing a comprehensive overview of the current trade landscape.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2010s time horizon | English publication language | 2016 publication year | Global geographic scope | exchange rates | export performance | g20 impact | least developed countries | non-tariff measures | tariffs | trade agreements | trade costs | trade defense measures | trade policies