The World Bank Group Trade Strategy: Fit for Purpose?

Bernard Hoekman

No PP2013/04, RSCAS Working Papers from European University Institute

Abstract: In 2011 the World Bank Group (WBG) issued a new trade strategy. This identifies the primary axes for WBG engagement and support activities and areas where action is likely to have the greatest positive impact in terms of helping developing countries to integrate further into the world economy and to benefit from global trade opportunities. This paper briefly discusses the rationale for the development of a strategy and some criticisms that have been directed at it, in particular the view that the strategy neglects to prioritize trade liberalization and as a result is less effective.

Keywords: World Bank; trade; development; strategy; economic development; policy advice; development assistance (search for similar items in EconPapers)
JEL-codes: F13 O19 O24 (search for similar items in EconPapers)
Date: 2013-06
New Economics Papers: this item is included in nep-int
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