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The World Bank Group Trade Strategy: Fit for Purpose?

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  • Bernard M. Hoekman

Abstract

In 2011 the World Bank Group (WBG) issued a new trade strategy. This identifies the primary axes for WBG engagement and support activities and areas where action is likely to have the greatest positive impact in terms of helping developing countries to integrate further into the world economy and to benefit from global trade opportunities. This paper briefly discusses the rationale for the development of a strategy and some criticisms that have been directed at it, in particular the view that the strategy neglects to prioritize trade liberalization and as a result is less effective.

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File URL: http://cadmus.eui.eu/bitstream/handle/1814/27062/RSCAS_PP_2013_04.pdf?sequence=1
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File URL: http://hdl.handle.net/1814/27062
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Bibliographic Info

Paper provided by European University Institute in its series RSCAS Working Papers with number PP2013/04.

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Date of creation: Jun 2013
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Handle: RePEc:rsc:rsceui:pp2013/04

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Related research

Keywords: World Bank; trade; development; strategy; economic development; policy advice; development assistance;

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  1. Borchert, Ingo & Gootiiz, Batshur & Mattoo, Aaditya, 2012. "Policy barriers to international trade in services : evidence from a new database," Policy Research Working Paper Series 6109, The World Bank.
  2. Bown, Chad P. & Crowley, Meredith A., 2013. "Import protection, business cycles, and exchange rates: Evidence from the Great Recession," Journal of International Economics, Elsevier, vol. 90(1), pages 50-64.
  3. Joseph Francois & Bernard Hoekman, 2010. "Services Trade and Policy," Journal of Economic Literature, American Economic Association, vol. 48(3), pages 642-92, September.
  4. Hiau LooiKee & Alessandro Nicita & Marcelo Olarreaga, 2009. "Estimating Trade Restrictiveness Indices," Economic Journal, Royal Economic Society, vol. 119(534), pages 172-199, 01.
  5. Jose Guilherme Reis & Thomas Farole, 2012. "Trade Competitiveness Diagnostic Toolkit," World Bank Publications, The World Bank, number 2248, October.
  6. Olivier Cadot & Mariem Malouche & Sebastián Sáez, 2012. "Streamlining Non-Tariff Measures : A Toolkit for Policy Makers," World Bank Publications, The World Bank, number 6019, October.
  7. Chad P. Bown, 2011. "The Great Recession and Import Protection : The Role of Temporary Trade Barriers," World Bank Publications, The World Bank, number 16359, October.
  8. Arvis, Jean-Francois & Raballand, Gael & Marteau, Jean-Francois, 2007. "The cost of being landlocked : logistics costs and supply chain reliability," Policy Research Working Paper Series 4258, The World Bank.
  9. L. Alan Winters & Neil McCulloch & Andrew McKay, 2004. "Trade Liberalization and Poverty: The Evidence So Far," Journal of Economic Literature, American Economic Association, vol. 42(1), pages 72-115, March.
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