Aid for Trade at a Glance 2015
Reducing Trade Costs for Inclusive, Sustainable Growth
The Aid for Trade Initiative has allowed for the active engagement of a large number of organisations and agencies in helping developing countries and especially the least developed build the infrastructure and supply-side capacity they need to connect to regional and global markets and improve their trade performance. The new development paradigm under the post-2015 Development Agenda requires an integrated approach to ensure that the aid for trade achievement leads to inclusive and sustainable development outcomes. Embedding trade cost at the centre of the Aid for Trade Initiative provides an operational focal point for such action among a broad collation of stakeholders.
The 2015 joint OECD/WTO publication Aid for Trade at a Glance focusses on how reducing trade costs will help in achieving inclusive and sustainable economic growth. The publication contains contributions from the Enhanced Integrated Framework, the International Trade Centre, the United Nations Conference on Trade and Development, and the World Bank.
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Aid-for-trade policies, priorities and programmes
This chapter looks at the volume of aid-for-trade disbursements and commitments and provides details about the sectoral, geographic and income distribution. In addition, it summarises academic literature that has analysed the links between aid, trade, economic growth and poverty reduction and finds that on average these links are positive, both at the aggregate and country level. These findings are confirmed by the case stories submitted by the public and private sector about aid-for-trade programmes. Finally, the chapter assesses the outlook for aid for trade as moderately positive.
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