While conditions in trade finance markets returned to normality in the main routes of trade, the structural … difficulties of poor countries in accessing trade finance have not disappeared – and might have been worsened during and after the … global financial crisis. There is a consistent flow of information indicating that trade finance markets have remained …

and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization …

This paper analyzes the effects of trade openness on budget balances by distinguishing the effects of natural openness … from those of trade-policy induced openness. Using the GMMsystem estimator, the econometric analysis focuses on 66 … developing countries during 1974-98. The results show that trade openness increases a country's exposure to external shocks …

The current round of multilateral trade negotiations-the Doha Round-presents an opportunity for countries to reap the … benefits of trade liberalization. Unfortunately, a number of misconceptions about the likely impact of trade reforms has, in …) developing countries have much to gain from their own trade liberalization; (ii) preference erosion could be significant for some …

€™ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor …Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countriesâ …

This study analyses the role of Aid for Trade in reducing trade costs in least developed countries (LDCs). The analysis … builds on questionnaires and case stories submitted as part of the Aid-for-Trade monitoring and evaluation exercise for the … Fifth Global Review of Aid for Trade. Trade costs are high in LDCs and constitute a major impediment to their participation …

Market access negotiations in merchandise trade at the multilateral level cover tariffs and non-tariff measures (NTMs … negotiations in trade in goods. However, most NTMs are now the subject to negotiations on the rules under which they may be applied …, e.g. in the areas of contingency protection and technical barriers to trade. …

This paper analyses the results of the financial services negotiations under the General Agreement on Trade in Services … (GATS) at the World Trade Organization (WTO). It shows that the negotiations have contributed to more stable and transparent …