Illegal logging and the associated deforestation have serious consequences for biodiversity, the climate, the economy and society. The EU Timber Regulation (EUTR) prohibits the placing of illegally harvested timber or timber products on the market. The objective of this paper is to analyse the recent evolution of EU imports of these products from the international market, in order to check how the transparency index of the supplying countries’ institutions and tree cover loss have influenced this trajectory. To that end, a panel data model is estimated with 228 observations from 38 exporting countries between 2012 and 2017. The results show that EU timber imports have a direct association with the transparency index and an inverse relationship with tree cover loss; both these relationships are highly significant at the one-percent level. Other significant factors are the performance of the EU construction sector (as a proxy for timber demand) and timber supply. In the short and medium-term, Voluntary Partnership Agreements (VPAs) signed between the EU and non-EU timber-producing countries have a negative influence on the supply to EU member states. This study presents an analysis of EU timber imports after the implementation of the EUTR, providing specific conclusions that can inform policymakers’ efforts to foster sustainable forest management.
In order to reduce poverty and achieve Goal 1 of the 2030 Agenda for Sustainable Development, countries’ foreign trade flows must be a driving force for productive activity, as proposed by the WTO-led (World Trade Organization) Aid for Trade initiative. This work analyzes the evolution of international trade in goods and services between Africa’s Least Developed Countries and customers and suppliers from other countries between 2005 and 2015, based on the information provided by UNCTAD and the World Bank. The results confirm a greater degree of trade openness and especially an increase in service imports. Overall, the data show that the purchases made in the international market have a greater marginal effect on GDP than sales, leading to the conclusion that changes in trade policy are needed, at both international and national level. Actions should be aimed at ensuring that the growing integration of these economies in the world trade system does not result in continued deficits in the trade balance but, on the contrary, does contribute to GDP growth and poverty reduction.
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