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Trade and the Competitiveness Agenda

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  • José Guilherme Reis
  • Thomas Farole

Abstract

The global economic crisis has forced a major rethinking of the respective roles of governments and markets in the processes of trade and growth. Indeed, industrial policy seems to be back in fashion—or, at least, talking about it is. But a renewed “activism” by government in the trade and growth agenda need not mean a return to old-style policies of import substitution and “picking winners.” Instead, it may mean a stronger focus on competitiveness by unlocking the constraints to private sector–led growth. This note discusses the renewed role of government in trade and growth policy from the competitiveness angle, and it suggests some priorities for the new competitiveness agenda.
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Suggested Citation

  • José Guilherme Reis & Thomas Farole, 2010. "Trade and the Competitiveness Agenda," World Bank Publications - Reports 10176, The World Bank Group.
    • Handle: RePEc:wbk:wboper:10176
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    References listed on IDEAS

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    Cited by:

    1. 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.

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    More about this item

    Keywords

    Private Sector Development-E-Business International Economics and Trade-Free Trade Finance and Financial Sector Development-Debt Markets Economic Theory and Research Private Sector Development-Emerging Markets Macroeconomics and Economic Growth;

    JEL classification:

    • F1 - International Economics - - Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade

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