Reaching the MDGs: An Action Plan for Trade

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book Reaching the MDGs: An Action Plan for Trade by Bradley Mr. McDonald, Rob Gregory, Katrin Ms. Elborgh-Woytek, INTERNATIONAL MONETARY FUND
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Author: Bradley Mr. McDonald, Rob Gregory, Katrin Ms. Elborgh-Woytek ISBN: 9781455250813
Publisher: INTERNATIONAL MONETARY FUND Publication: September 15, 2010
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Bradley Mr. McDonald, Rob Gregory, Katrin Ms. Elborgh-Woytek
ISBN: 9781455250813
Publisher: INTERNATIONAL MONETARY FUND
Publication: September 15, 2010
Imprint: INTERNATIONAL MONETARY FUND
Language: English

The actions proposed here focus on trade integration, substantially increasing exports of the poorest countries and helping them to meet the Millennium Development Goals. As the foundation for these ambitions, we emphasize the role of a secure, open global trading environment—strengthened further by concluding the WTO Doha Round. From this base, the poorest countries also need better trade preferences from the advanced and major emerging market countries (EMs). Building the capacity to take advantage of trade opportunities will require support from the international community and policy reforms—such as to trade regimes—by the poorest countries themselves. The Fifteen Point Action Plan proposed here could increase annual exports of the least-developed countries (LDCs) by $10 billion or more, with additional benefits for other Low-Income Countries (LICs).

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The actions proposed here focus on trade integration, substantially increasing exports of the poorest countries and helping them to meet the Millennium Development Goals. As the foundation for these ambitions, we emphasize the role of a secure, open global trading environment—strengthened further by concluding the WTO Doha Round. From this base, the poorest countries also need better trade preferences from the advanced and major emerging market countries (EMs). Building the capacity to take advantage of trade opportunities will require support from the international community and policy reforms—such as to trade regimes—by the poorest countries themselves. The Fifteen Point Action Plan proposed here could increase annual exports of the least-developed countries (LDCs) by $10 billion or more, with additional benefits for other Low-Income Countries (LICs).

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