Integrating Poor Countries into the World Trading System

International Monetary Fund

No 2006/005, IMF Economic Issues from International Monetary Fund

Abstract: Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countries’ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor countries, it also presents risks to those with small and undiversified economies. This pamphlet explores research by Fund staff into the nature and magnitude of these risks and proposes targeted policy solutions to ease adjustments and encourage developing countries to choose fuller participation in the world trading system.

Keywords: EI; trade; country; liberalization; developing country; regime; trade openness; liberalization episode; trade-distorting support; world trade system; trade competitiveness; trade facilitation initiative; multilateral trade liberalization; trade expansion; trade liberalization episode; Trade liberalization; Tariffs; Trade facilitation; Exports; Imports; Middle East; Southeast Asia; East Africa; Central Africa; Europe (search for similar items in EconPapers)
Pages: 22
Date: 2006-04-06
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Citations: View citations in EconPapers (2)

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