Publication:
Can Trade Reduce Poverty in Africa?

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dc.contributor.authorLe Goff, Maëlan
dc.contributor.authorSingh, Rajun Jan
dc.date.accessioned2013-10-11T19:45:53Z
dc.date.available2013-10-11T19:45:53Z
dc.date.issued2013-04
dc.description.abstractWhile most economists accept that, in the long run, open economies fare better in aggregate than closed ones, many fears that trade could harm the poor. African countries, for example, have realized significant improvements in trade liberalization in recent decades, yet Africa remains the poorest continent in the world. It seems that the large gains expected from opening up to international economic forces have been limited in Africa, especially for poor people. Drawing on the findings of a recently published working paper (Le Goff and Singh 2013), this note argues that the benefits of trade are not automatic, but rather depend on accompanying policies aimed at developing the financial sector, promoting primary education, and improving governance. This accompanying policy agenda allows people to take advantage of the opportunities offered by freer trade, by reallocating resources away from less productive activities to more promising ones. Trade liberalization therefore should not be implemented on its own, but with the necessary complementing policies.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/04/17629950/can-trade-reduce-poverty-africa
dc.identifier.doi10.1596/16123
dc.identifier.urihttps://hdl.handle.net/10986/16123
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesEconomic Premise;No. 114
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURE
dc.subjectBARRIERS TO ENTRY
dc.subjectBENEFITS OF TRADE
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL GOODS
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITION POLICY
dc.subjectCOUNTRY CHARACTERISTICS
dc.subjectCOUNTRY RISK
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT RESEARCH
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LITERATURE
dc.subjectECONOMIC OPPORTUNITIES
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC STUDIES
dc.subjectECONOMIC VOLATILITY
dc.subjectECONOMICS
dc.subjectEDUCATION LEVEL
dc.subjectFACTORS OF PRODUCTION
dc.subjectFINANCIAL DEPTH
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTORS
dc.subjectFOREIGN COMPETITION
dc.subjectFOREIGN INVESTORS
dc.subjectGDP
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL EXPORTS
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectHUMAN CAPITAL
dc.subjectIMPACT OF TRADE
dc.subjectIMPORT BANS
dc.subjectIMPORTS
dc.subjectIMPROVING GOVERNANCE
dc.subjectINCOME
dc.subjectINCOMES
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTMENT CLIMATE
dc.subjectLABOR MARKET
dc.subjectLONG RUN
dc.subjectMACROECONOMIC STABILITY
dc.subjectMONETARY ECONOMICS
dc.subjectNATURAL RESOURCES
dc.subjectOPEN ECONOMIES
dc.subjectOPEN TRADE REGIMES
dc.subjectPOLICY REFORMS
dc.subjectPOLICY RESEARCH
dc.subjectPOOR COUNTRIES
dc.subjectPOOR PEOPLE
dc.subjectPOVERTY ALLEVIATION
dc.subjectPOVERTY REDUCTION
dc.subjectPRIMARY EDUCATION
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectPRO-POOR
dc.subjectPROPERTY RIGHTS
dc.subjectREAL INCOME
dc.subjectRESOURCE ALLOCATION
dc.subjectRESTRICTIVE RULES OF ORIGIN
dc.subjectSIGNIFICANT IMPACT
dc.subjectSPECIALIZATION
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTRADE EFFECTS
dc.subjectTRADE FACILITATION
dc.subjectTRADE INTEGRATION
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE OPENING
dc.subjectTRADE OPENNESS
dc.subjectTRADE POLICIES
dc.subjectTRADE PROTECTION
dc.subjectTRADE REFORMS
dc.subjectTRADE REGIME
dc.subjectTRADE RESTRICTIONS
dc.subjectUNSKILLED LABOR
dc.subjectUNSKILLED WORKERS
dc.subjectWAGE INEQUALITY
dc.subjectWAGE STRUCTURE
dc.subjectWTO
dc.titleCan Trade Reduce Poverty in Africa?en
dspace.entity.typePublication
okr.date.disclosure2013-04-25
okr.date.doiregistration2025-04-29T09:47:42.961630Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/04/17629950/can-trade-reduce-poverty-africa
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.globalpracticeTrade and Competitiveness
okr.guid113271468202762912
okr.identifier.externaldocumentum000442464_20130425145510
okr.identifier.internaldocumentum17629950
okr.identifier.report76975
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/04/25/000442464_20130425145510/Rendered/PDF/769750BRI0EP11400Box374393B00PUBLIC0.pdfen
okr.region.administrativeAfrica
okr.region.geographicalAfrica
okr.topicInternational Economics and Trade::Free Trade
okr.topicInternational Economics and Trade::Trade Policy
okr.topicPrivate Sector Development::Emerging Markets
okr.topicEconomic Theory and Research
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicMacroeconomics and Economic Growth
okr.unitOffice of VP & Head of Network (PRMVP)
okr.volume1 of 1
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