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Integrating Poor Countries into the World Trading System


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  • International Monetary Fund
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    Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countries’ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor countries, it also presents risks to those with small and undiversified economies. This pamphlet explores research by Fund staff into the nature and magnitude of these risks and proposes targeted policy solutions to ease adjustments and encourage developing countries to choose fuller participation in the world trading system.

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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Economic Issues with number 37.

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    Length: 22
    Date of creation: 06 Apr 2006
    Date of revision:
    Handle: RePEc:imf:imfeci:37

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    Postal: International Monetary Fund, Washington, DC USA
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    Fax: (202) 623-4661
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    Keywords: Trade policy; Trade relations; Developing countries; trade liberalization; export earnings; trade facilitation; multilateral trade; export markets; trade negotiations; trade openness; trade regimes; trade integration; balance of payments; tariff reform; preference erosion; multilateral trade liberalization; exporters; trade reforms; export subsidies; trade preferences; trade tax revenue; open trade; world trade; agricultural subsidies; trading partners; world trading system; world prices; trading system; export sector; trade policies; nontariff barriers; customs administration; high tariffs; world trade organization; multilateral trade negotiations; closed economies; regional trade agreements; trade barriers; intellectual property rights; export sectors; most-favored-nation; export industries; anti-export bias; tariff structure; domestic consumption; agricultural trade; tariff rates; tariff reductions; export supply; effects of trade liberalization; export bias; preferential access; global trade; foreign trade; trade reform; total exports; domestic taxes; agricultural commodities; export-oriented activities; per capita income; liberalizing trade; trade agreements; tariff reduction; export products; value-added tax; zero tariffs; external tariffs; price liberalization; countries? exports; intellectual property; free trade; lost tariff revenue; neighboring countries; domestic producers; tariff revenue; import penetration; open economies; quota-free access; trade expansion; export loss; import substitution; net export; trade opening; international trade; dollarization; domestic market; exchange rate regime; preferential tariff; import competition; economic cooperation; world markets; import tariffs; intermediate goods; skilled workers; exchange rate policies; trade restrictions; terms of trade; open market; multilateral agreement; tariff revenues; preferential agreements; developing countries? exports; protectionist measures; regional trade; transition countries; multilateral liberalization;


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    Cited by:
    1. Jose Daniel Rodríguez-Delgado, 2007. "Safta," IMF Working Papers 07/23, International Monetary Fund.


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