Joint Trade Workshop
November 6-7, 2014IMF Headquarters

The Third IMF/WB/WTO Joint Trade Workshop brings together trade experts from the World Bank, the International Monetary Fund (IMF) and the World Trade Organization (WTO) to present cutting-edge research work and exchange views on current trade issues.

Experts from the World Bank, IMF, WTO and academic institutions will make presentations and lead discussions organized by topic. External participants are welcome to attend, but please note that no funding is available to support participation. The sessions included in this two-day workshop are:

  • Services Trade
  • Exporting Firms
  • Trade, Growth and Business Cycles
  • Global Supply Chains
  • The Future of Trade
  • Trade Finance
  • Trade and Policy

Thursday, November 6


Session 1: Services Trade (9:15 – 10:30 am)

·         How foreign banks facilitate trade: Know thy neighbor as thyself

Stijn Claessens (IMF), Omar Hassib (Maastricht University) and Neeltje van Horen (Bank of Holland)

·         Modeling services trade, trade costs and output

James E. Anderson (Boston College), Ingo Borchert (University of Sussex), Aaditya Mattoo (WB) and Yoto V. Yotov (Drexel University)

COFFEE BREAK (10:30 – 11:00 am)

Session 2: Exporting Firms (11:00 – 12.45 pm)

·         Export quality in advanced and developing economies: Evidence from a new dataset 

Christian Henn (WTO), Chris Papageorgiou (IMF) and Nikola Spatafora (WB)

·         The life cycle of exporting firms

Paulo Bastos (WB) and Daniel Dias (University of Illinois)

·         Evidence on productivity, comparative advantage, and networks in the export performance of firms

Luca A. Ricci (IMF) and Federico Trionfetti (Aix-Marseille University)

LUNCH (12:45 – 2:00 pm)

Session 3: Trade, Growth and Business Cycles (2:00 – 3:15 pm)

·         Global trade slowdown: Cyclical or structural?

Cristina Constantinescu (IMF), Aaditya Mattoo (WB) and Michele Ruta (IMF)

·         Trade integration and business cycle synchronization: Trade in value-added is what matters

Romain Duval (IMF), Richa Saraf (University of Albany) and Dulani Seneviratne (IMF)

Session 4: Global Supply Chains (3:15 – 4:30 pm)

·         Knowledge spillovers through international supply chains

Roberta Piermartini (WTO) and Stela Rubínová (Graduate Institute, Geneva)

·         Global supply chains and trade policy

Emily Blanchard (Dartmouth College), Chad Bown (WB) and Rob Johnson (Dartmouth College)

COFFEE BREAK (4:30 – 5:00 pm)

PANEL DISCUSSION: The Future of Trade (5:00 – 6:00 pm)


·         David Lipton (IMF)

·         Anabel Gonzalez (WB)

·         Robert Koopman (WTO)

DINNER (7:00 – 9:00 pm) – TBD (by invitation only)

Friday, November 7

Session 5: Trade Finance (9:00 – 10:15 am)

·         The impact of Basel III on trade finance: The potential unintended consequences of the leverage ratio

Marc Auboin (WTO) and Isabella Blengini (University of Lausanne)

·         Understanding trade finance: Theory and evidence from transaction-level data

JaeBin Ahn (IMF)

COFFEE BREAK (10:15 – 10:45 am)

Session 6: Trade and Policy I (10:45 – 12:00 pm)

·         Trade policy uncertainty as a barrier to trade

Alberto Osnago (WB), Nadia Rocha (WTO) and Roberta Piermartini (WTO)

·         Customs reform and trade growth: Evidence from Albania

Ana M. Fernandes (WB), Russell Hillberry (WB) and Alejandra Mendoza (WB)

Session 7: Trade and Policy II (12:00 – 1:15 pm)

·         All in the family: State capture in Tunisia

Caroline Freund (Peterson Institute), Antonio Nucifora (WB) and Bob Rijkers (WB)

·         Trade policy substitution: Theory and evidence from specific trade concerns

Cosimo Beverelli (WTO), Mauro Boffa (University of Geneva) and Alexander Keck (WTO) 

  • When: Nov. 6-7, 2014
  • Where: Conference Hall 1, IMF Headquarters (HQ2), 1900 Pennsylvania Ave NW, Washington, DC
  • Registration: Registration required only for those who do not work at the World Bank or IMF.
  • CONTACT: Pille Snydstrup