Low-income countries are often advised to prioritize investment in their trade infrastructure to better connect to international markets, and garner the benefits of a more open trade regime. The World Bank’s Trade Facilitation Support Program and the World Trade Organization (WTO)’s Trade Facilitation Agreement, for example, promote investment in trade infrastructure to boost development prospects by improving competitiveness and lowering trade costs. In a recent ADB Institute working paper, I posed the question of whether too much emphasis may have been placed in recent years on international trade infrastructure such as ports, customs, and international logistics that reduce international trade costs to the detriment of domestic infrastructure—internal roads and bridges that may reduce domestic trade costs. Much of the empirical research shows that investment in trade infrastructure has a strong and positive impact on trade flows... — blogs.adb.org/blog