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Aid for Trade: An Action Agenda Looking Forward

Author

Listed:
  • 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.

Suggested Citation

  • Hoekman, Bernard & Wilson, John, 2010. "Aid for Trade: An Action Agenda Looking Forward," World Bank - Economic Premise, The World Bank, issue 25, pages 1-4, August.
  • Handle: RePEc:wbk:prmecp:ep25
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    References listed on IDEAS

    as
    1. Matthias Helble & Catherine Mann & John Wilson, 2012. "Aid-for-trade facilitation," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 148(2), pages 357-376, June.
    2. 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.
    3. 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.
    4. Gootiiz, Batshur & Mattoo, Aaditya, 2009. "Services in Doha : what's on the table ?," Policy Research Working Paper Series 4903, The World Bank.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

    JEL classification:

    • F1 - International Economics - - Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • F35 - International Economics - - International Finance - - - Foreign Aid

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