Analytical Note, April 2006
Elements for the Architecture of Aid for Trade.
The underlying message of this paper is that aid for trade is important to mitigate trade-induced adjustment costs and to bolster supply-side capacity in developing countries. However, aid is only second-best to balanced, fair and equitable trading rules. The Aid for trade architecture should, thus, be crafted to make trade supportive and not a substitute to a pro-development outcome in the multilateral trade negotiations.
This article was tagged: De-industrialization, Financing for Development, International Monetary Fund (IMF), Least Developed Countries (LDCs), Market Access, Non-Agricultural Market Access (NAMA), Tariffs, Trade for Development, Trade Liberalization, World Trade Organization (WTO)