Example: confidence

THE ROLE OF TRADE - World Trade Organization

IN ENDINGTRADETHE ROLE OFPOVERTYJOINT PUBLICATION BY THE World BANK GROUP AND THE World TRADE ORGANIZATION1 Disclaimer The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the World Bank, its Board of Executive Directors, or the governments they represent, or the World TRADE Organization concerning the legal status of any country, area or territory or of its authorities, or concerning the delimitation of its frontiers. The responsibility for opinions expressed in this publication rests solely with their authors, and publication does not constitute an endorsement by the World Bank or the World TRADE Organization of the opinions expressed.

35 Women, trade and poverty 39 Conclusion 40 CHAPTER 3: ... This is a critical year in the world’s collaborative effort to end global poverty and boost the incomes of the ... have made substantial contributions to trade and poverty reduction. However, a great deal more remains to …

Tags:

  Critical, World, Organization, Trade, Women, Contributions, World trade organization

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Other abuse

Transcription of THE ROLE OF TRADE - World Trade Organization

1 IN ENDINGTRADETHE ROLE OFPOVERTYJOINT PUBLICATION BY THE World BANK GROUP AND THE World TRADE ORGANIZATION1 Disclaimer The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the World Bank, its Board of Executive Directors, or the governments they represent, or the World TRADE Organization concerning the legal status of any country, area or territory or of its authorities, or concerning the delimitation of its frontiers. The responsibility for opinions expressed in this publication rests solely with their authors, and publication does not constitute an endorsement by the World Bank or the World TRADE Organization of the opinions expressed.

2 Reference to names of firms and commercial products and processes does not imply their endorsement by the World Bank or the World TRADE Organization , and any failure to mention a particular firm, commercial product or process is not a sign of disapproval. This volume is a co-publication of the World Bank and the World TRADE Organization . Attribution please cite the work as follows: World Bank Group and World TRADE Organization , 2015. The Role of TRADE in Ending Poverty. World TRADE Organization : 2015 World TRADE Organization Cover image: Goma/Rubavu border crossing between Rwanda and the Democratic Republic of the Congo (Photo: Simone D.)

3 McCourtie/ World Bank)The Role of TRADE in Ending Poverty1 CONTENTS3 FOREWORD4 ACKNOWLEDGEMENTS5 ABBREVIATIONS AND ACRONYMS7 EXECUTIVE SUMMARY12 CHAPTER 1: Global growth, TRADE and poverty: the macro links13 The global economy15 The poverty challenge19 TRADE and the poor: theory and evidence19 Growth and macroeconomic stability21 Impacts on households and markets21 Impact on wages and employment24 Impact on government revenue25 Conclusion26 CHAPTER 2: Constraints faced by the poor27 Rural areas31 Fragile and conflict-affected areas34 Informality35 women , TRADE and poverty39 Conclusion40 CHAPTER 3: Policies to maximize the gains of TRADE opportunities for the poor.

4 And minimize the risks42 Integrating markets and improving the enabling environment43 Tariff and non-tariff measures45 Infrastructure and TRADE facilitation46 Access to TRADE -related technology and TRADE finance47 Enabling environment48 Refining integration and mitigating risks to maximize positive effects for the poor48 Refining integration to maximize gains for the poor53 Understanding and managing risks54 Understanding the links between TRADE and poverty through better data and analysis57 WTO and World Bank Group support for TRADE as a means of poverty reduction59 Conclusion: implementing a strengthened TRADE policy agenda for the poor62 NOTES67 REFERENCES3 The Role of TRADE in Ending Poverty3 FOREWORDThis is a critical year in the World s collaborative effort to end global poverty and boost the incomes of the poorest.

5 We will endorse the Sustainable Development Goals, develop a plan for financing for development, and reach for a landmark agreement to mitigate and adapt to climate change. If we are to end extreme poverty by 2030, we must do all we can in this final push to raise the incomes of the extreme poor. The Role of TRADE in Ending Poverty makes the case for how TRADE can contribute to this ambitious goal. Advances we make this year to reduce global TRADE barriers and strengthen the global trading system would add significant momentum to our efforts to end poverty. Our best opportunity to take these steps forward will be the WTO Ministerial Conference in Nairobi this December, where participants will make a renewed push to finalize multilateral TRADE negotiations in many areas.

6 Though progress will be difficult, there is reason for optimism: The 2013 Ministerial Conference in Bali had a historic outcome, as parties signed the WTO s TRADE Facilitation Agreement and made important decisions, many of which will benefit Least-Developed Countries. To build on this momentum, we must address the TRADE costs that keep markets from being more fully integrated. critical components will involve implementing the TRADE Facilitation Agreement, advancing multilateral negotiations, achieving further policy reforms, and delivering Aid for TRADE from the World Bank Group, the WTO and other partners. In addition, policies to increase the contribution of TRADE to growth will need to be matched with a new effort to maximize the extreme poor s gains from TRADE .

7 This entails tackling key challenges confronting the poorest, including rural poverty, gender inequality, fragility and conflict, and the nature of the informal economy. The Role of TRADE in Ending Poverty sets out a framework for action on these issues. Closer coordination between the World Bank Group and the WTO, as well as partnerships with others in the international community, will be critical to our success. Although our two organizations have different mandates and memberships, they are united in a common purpose to contribute to economic development and improve people s lives around the World . At this critical juncture in history, we need to ensure that TRADE helps all, especially the poorest, as we strive to reach the goal of ending extreme poverty in a generation.

8 Roberto Azev do Jim Yong KimDirector-General PresidentWorld TRADE Organization World Bank Group545 ACKNOWLEDGEMENTSThis publication has been prepared jointly by the staff of the World Bank Group (WBG) and World TRADE Organization (WTO). Marcus Bartley Johns (WBG), Paul Brenton (WBG) and Roberta Piermartini (WTO) were the coordinators of the publication. The main authors of the various parts of the publication were Marcus Bartley Johns, Paul Brenton, Massimiliano Cali, Mombert Hoppe, and Roberta Piermartini. A number of other staff from the WBG and WTO made valuable contributions , including Joan Apecu, Marc Auboin, Marc Bacchetta, Cosimo Beverelli, Michael Ferrantino, Christian Henn, Alexander Keck, Shaun Mann, Juan Marchetti, Jos -Antonio Monteiro, Gaurav Nayyar, Coleman Nee, Mikiko Olsen, Robert Teh, and Thomas Verbeet.

9 The coordinators wish to acknowledge the helpful comments received at various stages of preparing the publication, including from Dobromir Christow, Diwakar Dixit, Selina Jackson, Charles Kunaka, Nora Neufeld, Ana Revenga, Bob Rijkers, Michael Roberts, Michele Ruta, Sebastian Saez, Carmine Soprano, Melvin Spreij, Gretchen Stanton, David Tinline, Alina Truhina, Tara Vishwanath, Christian Wolff, and Tim advice and suggestions of the peer reviewers (Julian Clarke, Vasco Molini, and Raju Singh) are gratefully acknowledged. The preparation of the publication was carried out under the guidance of Robert Koopman at the WTO, and Bill Maloney and Anabel Gonz lez at the WBG.

10 The coordinators would like to thank Paulette Planchette and Aakriti Mathur for their assistance in the preparation of the and communications aspects of the publication were managed by Kristina Nwazota and Julia Oliver. The production of the publication was managed by Anthony Martin and Helen Swain at the WTO, and Mayya Revzina and others in the Office of the Publisher at the World Bank. Design and layout of the publication were undertaken by Steve Francis and his team. The publication was edited by Bill Role of TRADE in Ending Poverty5 ABBREVIATIONS and ACRONYMSEIF Enhanced Integrated FrameworkFCS Fragile and Conflict-Affected StatesGATS General Agreement on TRADE in ServicesGATT General Agreement on Tariffs and TradeGDP Gross Domestic ProductGVC Global Value ChainHIV Human Immunodeficiency VirusICT Information and Communication TechnologyLDC Least-developed CountryOECD Organization for Economic Co-operation and DevelopmentR&D Research and DevelopmentSPS Sanitary and Phytosanitary StandardsSME Small and Medium-sized EnterprisesUN United NationsUNESCAP United Nations Economic and Social


Related search queries