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Aid for Trade: An Action Agenda Looking Forward

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Author Info

  • Hoekman, Bernard

    ()
    (World Bank)

  • Wilson, John

    ()
    (World Bank)

Abstract

The current postcrisis environment—and fragile economic recovery—increases the importance of aid for trade. Global rebalancing and tightened fiscal budgets in the short to medium term also place renewed emphasis on aid effectiveness. This note identifies four options to enhance the effectiveness of the multilateral aid for trade initiative: (i) expanding market access for least-developed countries (LDCs) through leadership by middleincome G-20 members; (ii) creating a mechanism to identify good practices in domestic regulation of service markets and other “behind-the-border” trade-related policies; (iii) leveraging the dynamism and knowledge of the private sector to improve trade facilitation and build capacity; and (iv) making a concerted effort to expand data collection and monitoring and evaluation (M&E) of aid for trade.

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File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP25.pdf
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Bibliographic Info

Article provided by The World Bank in its journal Economic Premise.

Volume (Year): (2010)
Issue (Month): 25 (August)
Pages: 1-4

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Handle: RePEc:wbk:prmecp:ep25

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Related research

Keywords: aid; trade; aid for trade; economic recovery; aid effectiveness; market access; least-developed countires; G-20; monitoring and evalutaion; M&E; middle-income;

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  1. Matthias Helble & Catherine Mann & John Wilson, 2012. "Aid-for-trade facilitation," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 148(2), pages 357-376, June.
  2. Hoekman, Bernard & Wilson, John S., 2010. "Aid for trade : building on progress today for tomorrow's future," Policy Research Working Paper Series 5361, The World Bank.
  3. Bouët Antoine & Laborde-Debucquet David & Dienesch Elisa & Elliott Kimberly, 2012. "The Costs and Benefits of Duty-Free, Quota-Free Market Access for Poor Countries: Who and What Matters," Journal of Globalization and Development, De Gruyter, vol. 3(1), pages 1-27, June.
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