Reaching the MDGs: An Action Plan for Trade

By Brad J. McDonald, Rob Gregory, Katrin Elborgh-Woytek

September 15, 2010

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Brad J. McDonald, Rob Gregory, and Katrin Elborgh-Woytek. Reaching the MDGs: An Action Plan for Trade, (USA: International Monetary Fund, 2010) accessed September 19, 2024

Summary

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).

Subject: Exports, Imports, International trade, Revenue administration, Tariffs, Taxes, Trade relations, Valuation, origin and classification

Keywords: Exporters flexibility, Exports, Global, Imports, Introduced LDC preference, LDC beneficiary, LDC export, LIC trade regime, Origin and classification, Policy reform, Preference scheme, SPN, Tariffs, Trade preference, Trade relations, Valuation

Publication Details

Pages:

21
Volume:

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DOI:

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Issue:

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Series:

Staff Position Note No. 2010/014
Stock No:

SPNEA2010014
ISBN:

9781455265343
ISSN:

2617-6742

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