Person:
Brenton, Paul

Trade and Regional Integration
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INTERNATIONAL TRADE, CLIMATE CHANGE, CARBON ACCOUNTING, TRADE POLICY
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Trade and Regional Integration
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Last updated: January 31, 2023
Biography
Paul Brenton is Lead Economist in the Trade and Regional Integration Unit of the World Bank. He focuses on analytical and operation work on trade and regional integration. He has led the implementation of World Bank lending operations such as the Great Lakes Trade Facilitation Project in DR Congo, Rwanda and Uganda. He co-authored the joint World Bank-WTO report on The Role of Trade in Ending Poverty and has managed a range of policy-oriented volumes including: De-Fragmenting Africa: Deepening Regional Trade Integration in Goods and Services; Africa can Help Feed Africa; and Carbon Footprints and Food Systems: Do Current Accounting Methodologies Disadvantage Developing Countries? Paul joined the World Bank in 2002, having previously been Senior Research Fellow and Head of the Trade Policy Unit at the Centre for European Policy Studies in Brussels. Before that, he lectured in economics at the University of Birmingham in the UK. He has a PhD in Economics from the University of East Anglia. A collection of Paul’s work has been published in the volume International Trade, Distribution and Development: Empirical Studies of Trade Policies (https://www.worldscientific.com/worldscibooks/10.1142/9172 ).
Citations 1 Scopus

Publication Search Results

Now showing 1 - 2 of 2
  • Publication
    The Initial and Potential Impact of Preferential Access to the U.S. Market under the African Growth and Opportunity Act
    (World Bank, Washington, D.C., 2004-04) Brenton, Paul
    The ability to export clothing products under preferences with liberal rules of origin is the key factor currently determining whether the African Growth and Opportunity Act (AGOA) has a significant impact on non-oil exporting African countries. At present only a small number of countries receive substantial benefits and least developed countries that do not receive preferences for clothing have yet to see an impact of AGOA on their overall exports. However, the benefits from exporting clothing under AGOA appear fragile in the face of the removal of quotas in the United States on major suppliers, such as China, at the end of 2004, and the planned removal of the liberal rules of origin that allow for the global sourcing of fabrics from least-cost locations. To entrench and enhance the benefits of AGOA, it is important that the scheme be extended over a much longer period, if not made permanent, and the special liberal rules of origin for clothing products be extended considerably beyond 2004. The effective inclusion of textile products and a number of high-duty agricultural products would also help to broaden the range of opportunities for African exporters in the U.S. market. Nevertheless it is important that the opportunities created by AGOA are integrated into a broader framework for promoting trade and that it be recognized that if the opportunities offered by more open trade are to be exploited, there must be concerted efforts to improve the environment for investment countries covered by AGOA.
  • Publication
    Pathways to African Export Sustainability
    (Washington, DC: World Bank, 2012-07-02) Brenton, Paul; Pierola, Martha Denisse
    This report provides tentative leads toward such policy prescriptions, based on an overview of the empirical evidence. Chapter one sets the stage by putting Africa's export-survival performance into perspective and proposing a framework that will guide the interpretation of empirical evidence throughout the report. Chapter two covers country-level determinants of export sustainability at origin and destination, including the exporting country's business environment. Chapter three explores some of the firm-level evidence on what drives export sustainability, including uncertainty, incomplete contracts, learning, and networks. Finally, chapter four offers tentative policy implications. The main conclusions from this overview of the causes of Africa's low export sustainability should be taken with caution both because of the complexity of the issue and because of the very fragmentary evidence on which the overview is based. The author should be more cautious in drawing policy implications, as hasty policy prescriptions are the most common trap into which reports of this kind can fall. A first, solid conclusion is that the author needs substantial additional work on the nature and causes of low export survival rates in developing countries to determine the path to high export sustainability.