US EditionWTO, IMF to develop new indicator to measure global trade policy dynamics – New Business Ethiopia
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WTO, IMF to develop new indicator to measure global trade policy dynamics – New Business Ethiopia
Research in developing a new Trade Policy Activity (TPA) index by a group of WTO and IMF economists reveals a marked pick-up in trade policy activity from around 2019-2020, reflecting increased interventions in trade for a range of policy objectives. The change also corresponds to the period of the COVID-19 pandemic, heightened trade policy tensions […]
The World Trade Organization (WTO) and the International Monetary Fund (IMF) developed the Trade Policy Activity Index (APC), a tool for measuring global trade policy developments. The new indicator, developed by economists from both agencies and based on a Dynamic Factors Model, is based on data from the WTO Trade Tracking Database (TMDB) and Global Trade Alert (GTA), which enables the timely and comprehensive capture of the dynamics of trade m…
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