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CGD Policy Blogs

 

Updated Look at Trade in the Commitment to Development Index

After some modest tweaks over the years, the trade component of the Commitment to Development Index got a makeover in 2013—not a new face, but a nip and tuck here and there. The latest CDI includes a more direct measure of tacit barriers to trade from the World Bank’s Doing Business indicators on the time and cost to import, exclusive of tariffs. The trade component also now recognizes the growing importance of trade in services—and barriers to it—thanks to another team of World Bank economists that developed the Services Trade Restrictiveness Index.