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  • After the Covid-19 Pandemic crisis in international economic relations it became evident that climate-smart aspects should be considered when re-establishing a new international trade order. International organizations have proclaimed that this momentum should be used to include climate-smart trade and investment provisions to enable sustainable development. It has been acknowledged that trade has an important role to play in the global response to climate change, providing economies with tools to draw on in their efforts to mitigate climate change and to adapt to its consequences. In this paper we focus the analysis on investigating the digital and sustainable component of trade facilitation measures applied in Western Balkans countries. To evaluate the importance of trade facilitation measures and their digital and sustainable components we apply standard gravity model with the data from UN Global Survey on digital and sustainable trade facilitation. The results show that trade facilitation measures are important for improving and increasing trade among the Western Balkans countries. Especially, measures connected to improving transparency procedures in trade and measures for alleviating trade formalities are most significant for increasing bilateral trade among Western Balkans countries. With a lower level of importance are the measures for improving cross-border paperless trade between these countries.

  • The pandemic exposed weaknesses in the global trade system, making it clear that climate actions are the priority in the recovery. International organizations are urging countries to seize this opportunity and integrate climate-friendly trade and investment rules to promote sustainable development. Trade is recognized as a powerful tool for tackling climate change, offering economies ways to both reduce emissions and adapt to environmental changes. In this paper, we investigate the digital and sustainable trade facilitation measures implemented in ASEAN countries, namely Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. We use a well-established trade model, the gravity model, to assess the impacts of trade facilitation efforts, particularly those that leverage digital technologies and promote sustainability. The data for this analysis comes from the UN Global Survey on digital and sustainable trade facilitation in 2017, 2019, and 2021. The results show that trade facilitation measures are crucial to increasing trade among the ASEAN countries. Measures of transparency of trade procedures, trade formality alleviation, and cross-border paperless trade have significant positive impacts on bilateral trade between ASEAN countries.

Last update from database: 9/4/25, 4:01 PM (UTC)