6533b7d9fe1ef96bd126d7a9

RESEARCH PRODUCT

A global perspective on effectiveness of aid for trade

Jian ZhangMaria Berrittella

subject

Computable general equilibriumCommercial policyEconomics and Econometricsbusiness.industryMarket accessBalance of tradeInternational economicsInternational tradeTerms of tradeSettore SECS-P/03 - Scienza Delle FinanzeEconomicsOpen economyAid for trade Computable general equilibrium model Income inequality Trade balance WelfareEconomic Theory&ResearchEnvironmental Economics&PoliciesEmerging MarketsInequalityLabor PoliciesbusinessTrade barrierFree trade

description

Recent global initiatives on debt relief and development assistance call for increasing aid for trade to the poorest countries. The paper applies a multi-country computable general equilibrium model to measure the effectiveness of alternative aid for trade categories. The findings show that aid for trade policies expand trade and alleviate international income inequalities in the recipient countries, that will benefit mainly from aid for trade adjustment and technical assistance.

http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/07/11/000158349_20120711132232/Rendered/PDF/WPS6126.pdf