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Analyzing trade competitiveness : a diagnostics approach

Author

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  • Farole, Thomas
  • Reis, Jose Guilherme
  • Wagle, Swarnim

Abstract

Trade has proven to be a powerful engine of growth worldwide. But not all countries have benefited equally. Despite much effort to use trade policy to catalyze exports, many developing countries have failed to achieve successful, sustainable export and economic growth. Even with the benefit of preferential market access, many developing country exporters face a broad and diverse set of constraints that limit their potential to compete in export markets. This paper discusses the concept of"competitiveness"with respect to trade and the various dimensions on which trade competitiveness might be assessed. It argues there is a need for a framework by which trade competitiveness can be assessed in a systematic way. Inspired by the"growth diagnostics"approach, it outlines a possible framework for assessing factors that facilitate or constrain trade competitiveness.

Suggested Citation

  • Farole, Thomas & Reis, Jose Guilherme & Wagle, Swarnim, 2010. "Analyzing trade competitiveness : a diagnostics approach," Policy Research Working Paper Series 5329, The World Bank.
    • Handle: RePEc:wbk:wbrwps:5329
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. AfDB AfDB, . "Egypt - Competitiveness Report 2010 Update," Africa Competitiveness Report, African Development Bank, number 372.
    2. Jinsoo Lee & Bok-Keun Yu, 2018. "The Effects of Export Diversification on Macroeconomic Stabilization : Evidence from Korea," Working Papers 2018-25, Economic Research Institute, Bank of Korea.
    3. Lenka Fojtíková & Michaela Staníčková, 2017. "Konkurenceschopnost a produktivita vývozu členských zemí Evropské unie
      [The EU Member States Export Competitiveness and Productivity]      ," Politická ekonomie, University of Economics, Prague, vol. 2017(6), pages 669-689.
    4. Gaulier, Guillaume & Santoni, Gianluca & Taglioni, Daria & Zignago, Soledad, 2013. "In the wake of the global crisis : evidence from a new quarterly database of export competitiveness," Policy Research Working Paper Series 6733, The World Bank.
    5. Kordalska Aleksandra & Olczyk Magdalena, 2014. "Impact Of The Manufacturing Sector On The Export Competitiveness Of European Countries – A Spatial Panel Analysis," Comparative Economic Research, Sciendo, vol. 17(4), pages 105-120, December.
    6. Honeck, Dale, 2012. "LDC export diversification, employment generation and the "green economy": What roles for tourism linkages?," WTO Staff Working Papers ERSD-2012-24, World Trade Organization (WTO), Economic Research and Statistics Division.
    7. Gómez-Chiñas, Carlos & Buzo-de la Peña, Ricardo M. & Heras-Villanueva, Miguel, 2016. "La cuestionable convergencia entre las reformas estructurales y la competitividad de la economía mexicana," eseconomía, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 11(45), pages 7-32, Segundo s.
    8. Bhisma K. Bhusal & James R. Wilson & Susana Franco, 2014. "Rethinking Policy Intervention for the Transition towards Competitive Trade-Led Green Growth," Working Papers 2014R02, Orkestra - Basque Institute of Competitiveness.
    9. Lee, Jinsoo & Yu, Bok-Keun, 2019. "The Effects of Export Diversification on Macroeconomic Stabilization: Evidence from Korea," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 41(1), pages 1-14.

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    Keywords

    Economic Theory&Research; Environmental Economics&Policies; Markets and Market Access; E-Business; Currencies and Exchange Rates;

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