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Most current modeling approaches identify very small gains from trade reform. In this chapter, we examine recent developments in the literature to assess whether standard modeling approaches are mis-specifying, understating, or overstating the gains from trade reform. Key areas where the impacts of trade barrier reduction appear to be understated include the measurement of barriers; the aggregation of these barriers; process productivity gains, particularly those resulting from reallocation of resources between firms; product quality improvements and expansion of product variety; factor supply; and investment of gains from trade.

Unprecedented levels of investment in transit and transit-oriented development in Los Angeles County have not resulted in gains for transit-dependent populations or overall higher ridership for that matter. They have instead saddled them with inordinate cost burdens and displacement pressures. Yet racialised, low-income communities that rely on transit are far from passive victims. Rather, they are participating in advocacy campaigns that penetrate decision-making venues and procedures and co-create institutional practices, policy priorities, and public and private investments that serve their interests and build a Los Angeles that is more widely accessible and affordable. This chapter presents a case study of the Alliance for Community Transit-Los Angeles (ACT-LA), a regional coalition of over 40 community-based organisations at the helm of direct-action policy campaigns and participatory planning initiatives to advance transit justice and equitable transit-oriented communities (TOC). After examining ACT-LA's origins in the LA-based movement for community benefits agreements, the analysis focuses on how ACT-LA has combined political mobilisation for ballot-box measures with participatory policy-making and planning processes to advance just, equitable, sustainable transit systems, and TOC. The concluding discussion considers the implications of the ACT-LA case for reformulating participatory policy-making and planning around transportation and land use to further equity and climate goals.