Trade and the Competitiveness Agenda

José Guilherme Reis () and Thomas Farole
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José Guilherme Reis: World Bank

World Bank - Economic Premise, 2010, issue 18, 1-5

Abstract: The global economic crisis has forced a major rethinking of the respective roles of governments and markets in the processes of trade and growth. Indeed, industrial policy seems to be back in fashion—or, at least, talking about it is. But a renewed “activism” by government in the trade and growth agenda need not mean a return to old-style policies of import substitution and “picking winners.” Instead, it may mean a stronger focus on competitiveness by unlocking the constraints to private sector–led growth. This note discusses the renewed role of government in trade and growth policy from the competitiveness angle, and it suggests some priorities for the new competitiveness agenda.

Keywords: trade; competitiveness; financial crisis; growth; industrial policy; import substitution; picking winners; trade policy; exports; imports (search for similar items in EconPapers)
JEL-codes: F1 F11 F13 F14 F17 (search for similar items in EconPapers)
Date: 2010
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: Trade and the Competitiveness Agenda (2010)
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