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World Trade Indicators 2008 : Benchmarking Policy and Performance


  • Roumeen Islam
  • Gianni Zanini


The World Trade Indicators (WTI) database and ranking tool cover country level indicators of trade performance and policies and institutions that affect trade. The purpose of this initiative by the World Bank is to benchmark progress in these areas while highlighting important data gaps. The value of timely, good-quality data for policy making and effective international negotiations cannot be underestimated. Such data are also needed for reducing transactions costs for businesses. This publication summarizes patterns in world trade policy and trade outcomes revealed by the WTI database, focusing mainly on regional and income level variations and providing the context to help evaluate individual country progress. It is hoped that this initiative, by benchmarking country performance in various policy and outcome areas, will enhance the ability of policy makers to design and implement needed trade-related reforms. It is also hoped that countries will be further encouraged to produce better and more up to date data and make it publicly available, both domestically and in international databases, in a timely manner.

Suggested Citation

  • Roumeen Islam & Gianni Zanini, 2008. "World Trade Indicators 2008 : Benchmarking Policy and Performance," World Bank Publications, The World Bank, number 6334, June.
  • Handle: RePEc:wbk:wbpubs:6334

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    References listed on IDEAS

    1. Hiau LooiKee & Alessandro Nicita & Marcelo Olarreaga, 2009. "Estimating Trade Restrictiveness Indices," Economic Journal, Royal Economic Society, vol. 119(534), pages 172-199, January.
    2. Klinger, Bailey & Lederman, Daniel, 2004. "Discovery and development : an empricial exploration of"new"products," Policy Research Working Paper Series 3450, The World Bank.
    3. Yong-jin Kim & Se-Jik Kim, 1999. "Growth Gains from Trade and Education," IMF Working Papers 99/23, International Monetary Fund.
    4. Andrei A. Levchenko, 2007. "Institutional Quality and International Trade," Review of Economic Studies, Oxford University Press, vol. 74(3), pages 791-819.
    5. Ng, Francis & Aksoy, M. Ataman, 2008. "Who are the net food importing countries ?," Policy Research Working Paper Series 4457, The World Bank.
    6. Islam, Roumeen & Reshef, Ariell, 2006. "Trade and harmonization : if your institutions are good, does it matter if they are different ?," Policy Research Working Paper Series 3907, The World Bank.
    7. Peter Walkenhorst & Tadashi Yasui, 2004. "Quantitative Assessment of the Benefits of Trade Facilitation," International Trade 0401008, EconWPA.
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