Trade and Development

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The Trade and Development Series seeks to provide objective, accessible information about the new trade agenda. Titles in the series cover a wide range of topics, from regional trade agreements and customs reform to agriculture, intellectual property rights, services, and other key issues currently being discussed in World Trade Organization negotiations. Contributors to the series represent some of the world’s leading thinkers and specialists on international trade issues. Titles in this series undergo internal and external review under the management of the Trade Group's Advisory Board in the World Bank's Poverty Reduction and Economic Management Network.

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Now showing 1 - 10 of 11
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    Distortions to Agricultural Incentives in Europe's Transition Economies
    (Washington, DC : World Bank, 2008) Anderson, Kym ; Swinnen, Johan
    The main purpose of this study is to assess the changing landscape of agricultural protection and taxation patterns in the region. The study is based on the EU-10 sample, plus Turkey, as well as seven countries in the Commonwealth of Independent States (CIS): Kazakhstan, the Kyrgyz Republic, the Russian Federation, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan (the CIS-7). In 2000-04, these countries accounted for 89 percent of the region's agricultural value added, 91 percent of the population, and 95 percent of total gross domestic product (GDP). In agricultural subsidy and trade policy, analyses of politically feasible reforms or policy options for coping with structural changes (such as the current boom in energy raw material prices that has intersectoral Dutch disease effects) need to be based on a clear understanding of the recent and current extent of policy interventions and the political and economic forces behind the evolution of these interventions. The second purpose of this study is thus to improve our understanding of the political economy of distortions in agricultural incentives in countries in the region. Based on this better understanding, the study's third purpose is to explore the prospects for additional reductions in the distortions in agricultural incentives and their implications for the agricultural competitiveness and trade of countries in the region.
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    Distortions to Agricultural Incentives in Latin America
    (Washington, DC : World Bank, 2008) Anderson, Kym ; Valdés, Alberto
    This book provides an overview of the evolution of distortions to agricultural incentives caused by price and trade policies in the World Bank-defined region of Latin America and the Caribbean. Following the introduction and summary, it includes commissioned country studies of one Caribbean, one Central American, and six South American economies. The chapters are followed by two appendixes. The first describes the methodology used to measure the nominal and relative rates of assistance to farmers and the taxes and subsidies involved in food consumption; the second provides country and regional summaries, in tables, of annual estimates of these rates of assistance. This study on Latin America is based on a sample of eight countries, comprising the big four economies of Argentina, Brazil, Chile, and Mexico; Colombia and Ecuador, two of the poorest South American tropical countries; the Dominican Republic, the largest Caribbean economy; and Nicaragua, the poorest country in Central America. Together, in 2000-04, these countries accounted for 78 percent of the region's population, 80 percent of the region's agricultural value added, and 84 percent of the total gross domestic product (GDP) of Latin America.
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    Services Trade and Development : The Experience of Zambia
    (Washington, DC: World Bank and Palgrave Macmillan, 2007) Mattoo, Aaditya ; Payton, Lucy
    Some see trade in services as irrelevant to the development agenda for least developed countries (LDCs). Others see few benefits from past market openings by LDCs. This book debunks both views. It finds that serious imperfections in Zambia's reform of services trade deprived the country of significant benefits and diminished faith in liberalization.
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    Economic Development and Multilateral Trade Cooperation
    (Washington, DC: World Bank and Palgrave Macmillan, 2006) Evenett, Simon J. ; Hoekman, Bernard M. ; Evenett, Simon J. ; Hoekman, Bernard M.
    How can international trade agreements promote development and how can rules be designed to benefit poor countries? Can multilateral trade cooperation in the World Trade Organization (WTO) help developing countries create and strengthen institutions and regulatory regimes that will enhance the gains from trade and integration into the global economy? And should this even be done? These are questions that confront policy makers and citizens in both rich and poor countries, and they are the subject of this publication. It analyzes how the trading system could be made more supportive of economic development, without eroding the core WTO functions.
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    Agricultural Trade Reform and the Doha Development Agenda
    (Washington, DC: World Bank and Palgrave Macmillan, 2006) Martin, Will ; Anderson, Kym
    Agriculture is yet again causing contention in international trade negotiations. It caused long delays to the Uruguay round in the late 1980s and 1990s, and it is again proving to be the major stumbling block in the World Trade Organization's (WTO) Doha round of multilateral trade negotiations (formally known as the Doha Development Agenda, or DDA). This study builds on numerous recent analyses of the Doha Development Agenda and agricultural trade, including five very helpful books that appeared in 2004. One, edited by Aksoy and Beghin (2004), provides details of trends in global agricultural markets and policies, especially as they affect nine commodities of interest to developing countries. Another, edited by Ingco and Winters (2004), includes a wide range of analyses based on papers revised following a conference held just before the aborted WTO trade ministerial meeting in Seattle in 1999. The third, edited by Ingco and Nash (2004), provides a follow-up to the broad global perspective of the Ingco and winters volume: it explores a wide range of key issues and options in agricultural trade reform from a developing-country perspective. The fourth, edited by Anania, Bowman, Carter, and McCalla (2004), is a comprehensive, tenth-anniversary retrospective on the Uruguay Round Agreement on Agriculture and numerous unilateral trade and subsidy reforms in developed, transition, and developing economies. And the fifth, edited by Jank (2004), focuses on implications for Latin America.
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    Safeguards and Antidumping in Latin American Trade Liberalization : Fighting Fire with Fire
    (Washington, DC: World Bank and Palgrave Macmillan, 2006) Finger, J. Michael ; Nogués, Julio J. ; Finger, J. Michael ; Nogués, Julio J.
    This book is a report on success-success in trade liberalization and in the removal of trade barriers so as to integrate Latin American economies into the international economy. More particularly, this book is about how several Latin American governments created and managed safeguards and antidumping mechanisms as part of this liberalization. The core of this book is a set of studies describing how seven Latin American countries-Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, and Peru-have used these trade instruments. Each country study was conducted by analysts from that country. Many of the analysts were high government officials during their country's liberalization, so they have hands-on experience with the construction and the management of these instruments.
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    Global Agricultural Trade and Developing Countries
    (Washington, DC: World Bank, 2005) Aksoy, M. Ataman ; Beghin, John C.
    This book explores the outstanding issues in global agricultural trade policy and evolving world production and trade patterns. Its coverage of agricultural trade issues ranges from the details of cross-cutting policy issues to the highly distorted agricultural trade regimes of industrial countries and detailed studies of agricultural commodities of economic importance to many developing countries. The book brings together the background issues and findings to guide researchers and policymakers in their global negotiations and domestic policies on agriculture. The book also explores the key questions for global agricultural policies, both the impacts of current trade regimes and the implications of reform. It complements the recent agricultural trade handbook that focuses primarily on the agricultural issues within the context of the World Trade Organization (WTO) negotiations (Ingco and Nash 2004).
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    Turkey : Economic Reform and Accession to the European Union
    (Washington, DC: World Bank and Centre for Economic Policy Research, 2005) Hoekman, Bernard M. ; Togan, Sübidey
    This volume analyzes the economic challenges confronting Turkey in its quest to accede to the European Union (EU). It focuses on the extent to which Turkey is ready to join the Single Market, comply with the EU's body of economic regulations and directives, the Acquis Communautaire, and meet the Maastricht criteria for fiscal, monetary, and exchange rate policies. This book also provides an assessment of Turkey's national program to meet the accession requirements. It describes briefly what Turkey needs to achieve on the economic policy front to satisfy the conditions for accession, the progress to date, and the likely consequences of implementing the full body of EU requirements. The book is divided into four parts: 1) An analysis of the macroeconomic policies for EU accession; 2) An analysis of the effects of integration on key sectors: agriculture; manufacturing; services industries, including banking, telecommunications, transportation, and natural gas; and network industries; 3) An exploration of key economic policy challenges, including labor market regulation, foreign direct investment challenges, and the costs and benefits of meeting the EU environmental Acquis; and 4) The quantification of the impact of EU accession and consideration of the welfare effects of integration. While the focus is on the specific situation of Turkey, the subject will be of value to all researchers with an interest in the challenges of deeper integration through regional agreements.
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    East Asia Integrates : A Trade Policy Agenda for Shared Growth
    (Washington, DC: World Bank and Oxford University Press, 2004) Krumm, Kathie ; Kharas, Homi ; Krumm, Kathie ; Kharas, Homi
    Rapid and sustained growth in international trade has long been a hallmark of successful growth and development strategies in East Asia. Some success stories are well known: those of the newly industrializing economies (NIEs) such as the Republic of Korea, as well as middle-income economies such as Malaysia and the transition economy of China. More recent entrants to world markets that have seen rapid export growth include low-income economies such as Cambodia and Vietnam. Trade has been an important factor in growth in the region, enabling progress in poverty reduction. Although the 1997-98 financial crisis interrupted this progress, recovery since then has brought poverty rates in every emerging economy in the region to record lows, and in economies like that of Vietnam, trade growth has brought with it a rapid reduction in poverty. Intraregional trade in East Asia has grown faster than trade with any other market, and while the largest economies account for the bulk of this trade, the regional trade of most smaller economies has also grown. Trade integration has been marketled, stemming from a combination of unilateral reforms, fulfillment of multilateral commitments, and a pattern of relocation of production processes (see Kawai and Urata 2002). Intraregional trade has been driven not only by growing demand but increasingly by improved competitiveness in regional markets, as reflected in increased market shares (Figure 1). China has been particularly dynamic, but almost all countries increased their competitiveness in regional markets during 1995-2001.9 This increase was accomplished without loss of competitiveness in other markets; East Asia continued to expand its market shares in the European Union (EU) and North American Free Trade Agreement (NAFTA) markets in the same period.
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    China and the WTO : Accession, Policy Reform, and Poverty Reduction Strategies
    (Washington, DC: World Bank and Oxford University Press, 2004) Bhattasali, Deepak ; Li, Shantong ; Martin, Will ; Bhattasali, Deepak ; Li, Shantong ; Martin, Will
    China's accession to the WTO requires a great many specific policy reforms. However, if the best results are to be obtained, it is important that these reforms be implemented as part of a consistent development program, rather than simply by treating them as a recipe. To do this, policy makers must understand the range and nature of the policy changes required by accession, their implications for the economy, and the availability and effects of supporting policies. "China and the WTO" analyzes the nature of the reforms involved in China's accession to the WTO, assesses their implications for the world economy, and examines the implications for individual households, particularly the poor. Its key objective is to provide the information that will allow policy makers to implement WTO commitments and formulate supporting policies to contribute strongly to economic development and poverty reduction. Individual chapters by leading scholars analyze the nature of the reforms in key areas, such as agriculture, services, intellectual property and safeguards and anti-dumping. These chapters form the building blocks for later chapters, which analyze the implications of reform for the economy. The book also includes a series of studies that assess the implications for households, taking into account the social safety net policies applying in China, and the impacts of complementary policies in areas such as labor market reform and investments in human capital.