Making Trade an Engine of Growth for All : The Case for Trade and for Policies to Facilitate Adjustment

Longstanding tension between the benefits of open commerce and public support for it has become particularly salient today. G20 leaders pledged to work harder to build an open world economy and to promote greater inclusiveness. They called for acti...

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Main Authors: International Monetary Fund, World Bank, World Trade Organization
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/318651491579082111/Making-trade-an-engine-of-growth-for-all-the-case-for-trade-and-for-policies-to-facilitate-adjustment
http://hdl.handle.net/10986/26389
id okr-10986-26389
recordtype oai_dc
spelling okr-10986-263892021-05-25T10:54:35Z Making Trade an Engine of Growth for All : The Case for Trade and for Policies to Facilitate Adjustment International Monetary Fund World Bank World Trade Organization TRADE TRADE ADJUSTMENT BENEFITS OF TRADE RULES-BASED TRADE MOST-FAVORED NATION TREATMENT MFN TRADE AGREEMENTS WTO Longstanding tension between the benefits of open commerce and public support for it has become particularly salient today. G20 leaders pledged to work harder to build an open world economy and to promote greater inclusiveness. They called for action to communicate better the benefits of open markets to the wider public and for domestic policies to distribute those benefits more widely. G20 leaders saw the issue not as a tradeoff between openness and inclusiveness, but as a challenge to achieve more of both. Improved domestic policies and further trade reform can stimulate growth that is more inclusive. Addressing the source of discontent is important in its own right and also critical to shoring up support for trade. This paper draws on a wide range of recent policy analysis. Existing studies from international organizations provide greater depth in a number of areas that goes beyond what is possible in the present paper. Throughout the paper, references to key pieces of research and policy analysis from academics, think tanks, and international organizations help to document the statements made and provide options for readers who wish to delve into certain topics. Lessons are also drawn from country experience. 2017-04-18T19:27:54Z 2017-04-18T19:27:54Z 2017-04-10 Working Paper http://documents.worldbank.org/curated/en/318651491579082111/Making-trade-an-engine-of-growth-for-all-the-case-for-trade-and-for-policies-to-facilitate-adjustment http://hdl.handle.net/10986/26389 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TRADE
TRADE ADJUSTMENT
BENEFITS OF TRADE
RULES-BASED TRADE
MOST-FAVORED NATION TREATMENT
MFN
TRADE AGREEMENTS
WTO
spellingShingle TRADE
TRADE ADJUSTMENT
BENEFITS OF TRADE
RULES-BASED TRADE
MOST-FAVORED NATION TREATMENT
MFN
TRADE AGREEMENTS
WTO
International Monetary Fund
World Bank
World Trade Organization
Making Trade an Engine of Growth for All : The Case for Trade and for Policies to Facilitate Adjustment
description Longstanding tension between the benefits of open commerce and public support for it has become particularly salient today. G20 leaders pledged to work harder to build an open world economy and to promote greater inclusiveness. They called for action to communicate better the benefits of open markets to the wider public and for domestic policies to distribute those benefits more widely. G20 leaders saw the issue not as a tradeoff between openness and inclusiveness, but as a challenge to achieve more of both. Improved domestic policies and further trade reform can stimulate growth that is more inclusive. Addressing the source of discontent is important in its own right and also critical to shoring up support for trade. This paper draws on a wide range of recent policy analysis. Existing studies from international organizations provide greater depth in a number of areas that goes beyond what is possible in the present paper. Throughout the paper, references to key pieces of research and policy analysis from academics, think tanks, and international organizations help to document the statements made and provide options for readers who wish to delve into certain topics. Lessons are also drawn from country experience.
format Working Paper
author International Monetary Fund
World Bank
World Trade Organization
author_facet International Monetary Fund
World Bank
World Trade Organization
author_sort International Monetary Fund
title Making Trade an Engine of Growth for All : The Case for Trade and for Policies to Facilitate Adjustment
title_short Making Trade an Engine of Growth for All : The Case for Trade and for Policies to Facilitate Adjustment
title_full Making Trade an Engine of Growth for All : The Case for Trade and for Policies to Facilitate Adjustment
title_fullStr Making Trade an Engine of Growth for All : The Case for Trade and for Policies to Facilitate Adjustment
title_full_unstemmed Making Trade an Engine of Growth for All : The Case for Trade and for Policies to Facilitate Adjustment
title_sort making trade an engine of growth for all : the case for trade and for policies to facilitate adjustment
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/318651491579082111/Making-trade-an-engine-of-growth-for-all-the-case-for-trade-and-for-policies-to-facilitate-adjustment
http://hdl.handle.net/10986/26389
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