Group of Twenty - Reinvigorating Trade to Support Growth: A Path Forward

Policy Papers, May 13, 2016

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Group of Twenty - Reinvigorating Trade to Support Growth: A Path Forward

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Bibliographic details

• Published: May 13, 2016
• Series: Policy Papers

Executive summary and core findings

• Reinvigorating trade integration should be a key component of the global policy agenda to boost growth.
• Trade policy’s new frontiers include:
  • services
  • regulatory cooperation
  • trade and investment complementarities
• These new frontiers carry high potential to bolster efficiency and productivity.
• Governments differ on whether to continue the WTO Doha Round, creating an urgent need to identify a path for the global trading system in today’s more complex trade policy landscape.
• A long interregnum without a path forward would risk fragmenting the global trade system and undermining its governance.

Policy implications and recommendations

• Tackling trade policy issues important to the global economy may require flexible approaches to multilateral negotiations, including modalities such as plurilaterals.
• Enhanced coherence efforts are needed to ensure that regional trade agreements and multilateralism coexist productively.

Publication and access notes

• Publication date: May 13, 2016
• The IMF eLibrary offers over 25,000 IMF publications in multiple formats.

Source: Group of Twenty - Reinvigorating Trade to Support Growth: A Path Forward (May 13, 2016), International Monetary Fund.

Content in this bundle

• Group of Twenty - Reinvigorating Trade to Support Growth: A Path Forward; July 2016
  • Group of Twenty - Reinvigorating Trade to Support Growth: A Path Forward; July 2016 (Markdown version)
  • Group of Twenty - Reinvigorating Trade to Support Growth: A Path Forward; July 2016 (PDF)