Trade And Inclusive Growth

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 49 pages
File Size : 55,6 Mb
Release : 2021-03-12
Category : Business & Economics
ISBN : 9781513572734

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Trade and Inclusive Growth by International Monetary Fund Pdf

This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and protectionist measures. The paper investigates the conflicting literature showing the aggregate benefits of trade versus the adverse and persistent impact of trade, especially import competition, on specific industries and local communities. The paper then reviews the evidence for using trade policies and other complementary policies for adjustment and compensation to those groups adversely affected by trade.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 43 pages
File Size : 55,6 Mb
Release : 2018-09-30
Category : Business & Economics
ISBN : 9781498310000

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Reinvigorating Trade and Inclusive Growth by International Monetary Fund Pdf

"Trade integration can play a much larger role in boosting shared prosperity. The current focus on trade tensions threatens to obscure the great untapped benefits possible from further trade reform. The opportunities provided by information technology and other fundamental changes in the global economy are yet to be reflected in modern areas of trade policy, such as services and electronic commerce. Greater openness in these areas would promote competition, lift productivity, and raise living standards. In many other areas, such as the rural economy, smaller enterprises, and women’s economic empowerment, trade-related reforms are important particularly to foster more inclusive growth. Harnessing flexible approaches to WTO negotiations may be the key to reinvigorating global trade reform. Despite the benefits at stake—and with important exceptions such as the WTO Trade Facilitation Agreement—trade reform has lagged since the early 2000s. For much of this period, governments focused their efforts in the WTO on a single negotiating approach. Now, as groups of WTO members pursue joint initiatives in several areas, attention is turning to how other negotiating approaches—including some used effectively in the past—can be leveraged so that trade once again plays its full role in driving increased global economic prosperity. Building greater, more durable openness—this paper’s focus—should be part of a broader effort to strengthen and reinvest in the global trading system. The system of global trade rules that has nurtured unprecedented economic growth across multiple generations faces tensions. Though only recently brought to the fore, those tensions are rooted in issues that have been left unresolved for too long. Governments need to promptly address outstanding questions involving, for example, the WTO dispute system and the reach of subsidy disciplines. Cooperative action to secure greater openness—an imperative in its own right—could also help to resolve these"

Author : Luigi Paganetto
Publisher : Springer Nature
Page : 234 pages
File Size : 43,7 Mb
Release : 2019-10-11
Category : Business & Economics
ISBN : 9783030230531

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Yearning for Inclusive Growth and Development, Good Jobs and Sustainability by Luigi Paganetto Pdf

This book addresses topics and issues of high relevance to the widely shared desire to promote inclusive growth, sustainability, and innovation within a context of global governance. It is based on the XXXth Villa Mondragone International Economic Seminar, where leading experts met to discuss the latest research and thinking on different aspects of globalization, trade, inequalities, growth imbalances, green technologies, the labor market, and financial systems. The aim is to stimulate new responses and possible solutions to a variety of well-recognized problems, including low growth in real wages, stagnating productivity, and growing disparities in income. Some of these problems are especially evident in Europe, where austerity policies have failed to deliver adequate growth and investment. However, while a number of the contributions focus on aspects of particular importance to Europe, others look further afield, for example to the scope for innovation in Africa and to experiences with quantitative easing in Japan. The book will be of wide interest to academics, researchers, policy makers, and practitioners.

Author : Wei Wang
Publisher : Chandos Publishing
Page : 376 pages
File Size : 53,8 Mb
Release : 2016-03-17
Category : Business & Economics
ISBN : 9780081006283

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Achieving Inclusive Growth in China Through Vertical Specialization by Wei Wang Pdf

Vertical Specialization and Inclusive Growth in China discusses the two interrelated developments that have transformed the Chinese economy in recent years. First, the global community has increased calls to foster inclusive economic growth, with China embracing this trend. Second, the explosive growth in China’s trade resulting from international vertical specialization production and trade networks which has complicated the notion of inclusive growth in the Chinese context. This book assesses these two trends quantitatively, giving evidence of the link between vertical specialization and inclusive growth, and then decomposing the inclusive growth effects of vertically specialized trade into six components: GDP growth, export growth, FDI, environment, employment, and innovation. It further explores the differing impact of conventional trade and processing trade on inclusive growth, providing direction for future policy. This second book by the author to consider vertical specialization stresses the importance of integration in driving inclusive growth. Argues that inclusive growth and vertical specialization analyses must be performed together Gives quantitative evidence for the link between vertical specialization and inclusive growth in China Investigates the different impact of conventional trade and processing trade on transition to inclusive growth in China, using comparative analysis techniques Offers insight on forming future policy in China to increase inclusive growth

Author : Jakob Engel,Deeksha Kokas,Gladys Lopez-Acevedo,Maryla Maliszewska
Publisher : World Bank Publications
Page : 206 pages
File Size : 50,5 Mb
Release : 2021-06-09
Category : Business & Economics
ISBN : 9781464817052

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The Distributional Impacts of Trade by Jakob Engel,Deeksha Kokas,Gladys Lopez-Acevedo,Maryla Maliszewska Pdf

Trade is a well-established driver of growth and poverty reduction.But changes in trade policy also have distributional impacts that create winners and losers. It is vital to understand and clearly communicate how trade affects economic well-being across all segments of the population, as well as how policies can more effectively ensure that the gains from trade are distributed more widely. The Distributional Impacts of Trade: Empirical Innovations, Analytical Tools, and Policy Responses provides a deeper understanding of the distributional effects of trade across regions, industries, and demographic groups within countries over time. It includes an overview (chapter 1); a review of innovations in empirical and theoretical work covering the impacts of trade at the subnational level (chapter 2); highlights from empirical case studies on Bangladesh, Brazil, Mexico, South Africa, and Sri Lanka (chapter 3); and a policy agenda to improve distributional outcomes from trade (chapter 4). This book comes at a time when the shock from COVID-19 (coronavirus) adds to an already uncertain trade policy environment in which the value of the multilateral trading system has been under increased scrutiny. A better understanding of how trade affects distributional outcomes can lead to more inclusive policies and support the ability of countries to maximize broad-based benefits from trade.

Author : OECD,World Trade Organization
Publisher : OECD Publishing
Page : 552 pages
File Size : 46,5 Mb
Release : 2017-07-11
Category : Electronic
ISBN : 9789264278479

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Aid for Trade at a Glance 2017 Promoting Trade, Inclusiveness and Connectivity for Sustainable Development by OECD,World Trade Organization Pdf

This edition focuses on trade connectivity, which is critical for inclusiveness and sustainable development. Physical connectivity enables the movement of goods and services to local, regional and global markets.

Author : David Greenaway
Publisher : Palgrave
Page : 232 pages
File Size : 41,5 Mb
Release : 1988
Category : Commerce
ISBN : UCSD:31822003218450

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Economic Development and International Trade by David Greenaway Pdf

Author : G. N. Sharma,Manindra K. Singh
Publisher : Unknown
Page : 195 pages
File Size : 55,8 Mb
Release : 2013
Category : Globalization
ISBN : 8184842589

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Foreign Trade and Inclusive Growth by G. N. Sharma,Manindra K. Singh Pdf

Author : OECD
Publisher : OECD Publishing
Page : 99 pages
File Size : 42,5 Mb
Release : 2019-04-24
Category : Electronic
ISBN : 9789264573710

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Development Centre Studies Can Social Protection Be an Engine for Inclusive Growth? by OECD Pdf

The potential role of social protection in the development process has received heightened recognition in recent years, yet making a strong investment case for social protection remains particularly challenging in many emerging and developing countries. This report challenges us to think deeply about the economic rationale for social protection investments through an inclusive development lens. It helps us understand the links between social protection, growth and inequality; how to measure those links empirically; social protection’s impact on inclusive growth; and how to build a more solid economic case for greater social protection investments.

Author : Harold Delfin Angulo Bustinza
Publisher : Emerald Group Publishing
Page : 129 pages
File Size : 50,7 Mb
Release : 2024-05-03
Category : Business & Economics
ISBN : 9781837534708

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International Trade and Inclusive Economic Growth by Harold Delfin Angulo Bustinza Pdf

Advocating for the importance of promoting openness in trade, this book highlights China and Peru’s unique relationship to prioritise fair and equitable growth for all.

Author : Rahul Anand,Mr.Saurabh Mishra,Mr.Shanaka J. Peiris
Publisher : International Monetary Fund
Page : 27 pages
File Size : 48,5 Mb
Release : 2013-05-30
Category : Business & Economics
ISBN : 9781484323212

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Inclusive Growth by Rahul Anand,Mr.Saurabh Mishra,Mr.Shanaka J. Peiris Pdf

We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are calibrated by combining PPP GDP per capita and income distribution from survey data. We apply the microeconomic concept of a social mobility function at the macroeconomic level to measure inclusive growth that is closer to the absolute definition of pro-poor growth. This dynamic measure permits us to focus on inequality as well as distinguish between countries where per capita income growth was the same for the top and the bottom of the income pyramid, by accounting for the pace of growth. Our results indicate that macroeconomic stability, human capital, and structural changes are foundations for achieving inclusive growth. The role of globalization could also be positive with foreign direct investment and trade openess fostering greater inclusiveness, while financial deepening and technological change have no discernible effect.

Author : Valerie Cerra,Barry Eichengreen,Asmaa El-Ganainy,Martin Schindler
Publisher : Oxford University Press
Page : 901 pages
File Size : 44,8 Mb
Release : 2022-01-22
Category : Business & Economics
ISBN : 9780192846938

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How to Achieve Inclusive Growth by Valerie Cerra,Barry Eichengreen,Asmaa El-Ganainy,Martin Schindler Pdf

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.

Author : Matthias Helble,Ben Shepherd
Publisher : Unknown
Page : 0 pages
File Size : 45,9 Mb
Release : 2017
Category : Business & Economics
ISBN : 4899740816

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Win-win by Matthias Helble,Ben Shepherd Pdf

The Sustainable Development Goals (SDGs), adopted in 2015, are expected to chart a course for development over the next 15 years. The 17 SDGs cover poverty, health, sustainable development, and the environment, among others, but not trade. This book shows that international trade can contribute to achieving all SDGs. It maps out a triple-win scenario where good trade policy (i) spurs international trade, (ii) contributes to development, and (iii) helps achieve the SDGs.

Author : Robert R. Teh,Maarten Smeets,Mustapha Sadni Jallab,Fatima Chaudhri
Publisher : Unknown
Page : 289 pages
File Size : 45,6 Mb
Release : 2016
Category : Commerce
ISBN : 9287043795

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Trade Costs and Inclusive Growth by Robert R. Teh,Maarten Smeets,Mustapha Sadni Jallab,Fatima Chaudhri Pdf

"Trade costs and inclusive growth looks at how implementation of the WTO's Trade Facilitation Agreement (TFA) can help to reduce trade costs and promote growth. The publication brings together contributions from ten participants in the WTO Chairs Programme, which supports trade-related activities by academic institutions in developing countries. The book looks into how the Aid for Trade initiative can assist with implementing the TFA, the importance of mainstreaming trade into national development strategies, and the potential impact of the TFA in various regions"--Publisher's description.

Author : Adam Triggs,Shujiro Urata
Publisher : ANU Press
Page : 313 pages
File Size : 40,8 Mb
Release : 2020-08-13
Category : Business & Economics
ISBN : 9781760463823

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Achieving Inclusive Growth in the Asia Pacific by Adam Triggs,Shujiro Urata Pdf

The world’s developed economies are experiencing a sharp backlash against globalisation, and it appears to be contagious. Will Asia catch it next? Asia has seen spectacular growth in recent decades. It has benefited substantially from global trade, finance, openness and the rules-based international order. But much of the growth Asia has enjoyed has not been shared. It has not been inclusive growth. Inequality in Asia is among the highest in the world. The richest man in Vietnam now earns more in a single day than the poorest person does in a decade. Asia has far to go in making its societies more inclusive to women, ethnic minorities and the LGBT community. How can Asia reduce inequality? What are the forces that determine whether growth in the Asia Pacific is inclusive or not? And what can be done to make Asia’s growth more inclusive in the future? This book brings together the region’s leading thinkers to explore how to change Asia’s trajectory, before it is too late. The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968.