Economic Issues

Integrating Poor Countries into the World Trading System

April 6, 2006

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International Monetary Fund. Integrating Poor Countries into the World Trading System, (USA: International Monetary Fund, 2006) accessed April 26, 2025, https://doi.org/10.5089/9781589064454.051

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Also available in: العربية, français, русский, 中文

Summary

Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countries’ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor countries, it also presents risks to those with small and undiversified economies. This pamphlet explores research by Fund staff into the nature and magnitude of these risks and proposes targeted policy solutions to ease adjustments and encourage developing countries to choose fuller participation in the world trading system.

Subject: Exports, Imports, International trade, Revenue administration, Tariffs, Taxes, Trade facilitation, Trade liberalization

Keywords: Central Africa, Country, Developing country, East Africa, EI, Europe, Exports, Imports, Liberalization, Liberalization episode, Middle East, Multilateral trade liberalization, Regime, Southeast Asia, Tariffs, Trade, Trade competitiveness, Trade expansion, Trade facilitation, Trade facilitation initiative, Trade liberalization, Trade liberalization episode, Trade openness, Trade-distorting support, World trade system

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Also available online in Arabic; Chinese; French, Russian