Developing countries gain more market access, boosting global trade and reducing inequality
Developing countries have reduced tariffs and trade barriers from 1990 to 2012. Both developed and developing countries are using similar protection measures, like anti-dumping. Agriculture faces challenges in accessing markets in wealthier countries. Regional trade agreements are hindering progress in global trade talks. Sanitary and technical barriers to trade are increasing, but their purpose is unclear. Services are a key area for further trade liberalization. Less protectionist measures were taken after the 2008 financial crisis than expected.