Facilitating Trade and Structural Adjustment

This paper, together with five other background studies, is a part of a broader researchprogramme addressing trade and structural adjustment issues in non-member economies which wasconducted as a follow-up to Trade and Structural Adjustment: Embracing Globalisation (OECD, 2005)which identified policies for successful trade-related structural adjustment. This paper revisits andelaborates on specific parts of these policy recommendations with a view to reassessing their applicabilityto developing countries. The five background studies a comparison study comparing East Asia and LatinAmerica and four country case studies (Chile, Ecuador, the Philippines and Thailand), which wereconducted as a part of this project, form the basis for the analysis, supplemented by existing literature.The report consists of 4 main sections The first section provides an introduction and the secondsection provides an overview of the liberalisation experiences of the four countries. In the third section,some of the ?recommendations in OECD (2005) are revisited with a greater focus on developing countries,covering such issues as i) trade and investment policies, ii) macroeconomic policy, iii) social safety netsand labour market policies, iv) policies to facilitate export response, v) institutional frameworks andregulatory and competition environment, vi) role of multilateral cooperation and regional and bilateralinitiatives, and vii) broad based approach to reforms. The fourth section concludes.

OECD Trade Policy Papers

Facilitating Trade and Structural Adjustment

Experiences in Non-Member Countries