A Global Perspective on Effectiveness of Aid for Trade
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World Bank, Washington, DC
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Recent global initiatives on debt relief
and development assistance call for increasing aid for trade
to the poorest countries. The paper applies a multi-country
computable general equilibrium model to measure the
effectiveness of alternative aid for trade categories. The
findings show that aid for trade policies expand trade and
alleviate international income inequalities in the recipient
countries, that will benefit mainly from aid for trade
adjustment and technical assistance.
Palabras clave
ADJUSTMENT ASSISTANCE, ADJUSTMENT COSTS, AGRICULTURE, ALLOCATIVE EFFICIENCY, BENCHMARK, CAPACITY BUILDING, CAPITAL GOODS, CAPITAL MARKETS, COMMODITIES, COMMODITY, COMPARATIVE ANALYSIS, CONSTANT ELASTICITY, CONSTANT RETURNS, CONSTANT RETURNS TO SCALE, CONSUMER DEMAND, CROSS-COUNTRY PANEL, CROSS-SECTION DATA, DATA SET, DEBT, DEVELOPED COUNTRIES, DEVELOPING COUNTRIES, DEVELOPMENT AGENCIES, DEVELOPMENT ASSISTANCE, DEVELOPMENT ECONOMICS, DEVELOPMENT POLICY, DIMINISHING RETURNS, DYNAMIC ANALYSIS, ECONOMIC ANALYSIS, ECONOMIC COOPERATION, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC INCENTIVES, ECONOMIC INDICATORS, ECONOMIC POLICY, ECONOMIC REVIEW, ECONOMIC WELFARE, ELASTICITIES, ELASTICITY, ELASTICITY OF SUBSTITUTION, EMPIRICAL ANALYSIS, EMPIRICAL APPROACHES, EMPIRICAL LITERATURE, EMPIRICAL STUDIES, ENDOGENOUS GROWTH, ENDOGENOUS GROWTH MODEL, ENVIRONMENTAL, ENVIRONMENTAL IMPACT, EQUILIBRIUM, EQUIVALENT VARIATION, EXPENDITURES, EXPORTS, EXTERNAL TRADE, FACTOR MARKETS, FACTORS OF PRODUCTION, FINANCIAL CRISIS, FINANCIAL LIBERALIZATION, FOREIGN AID, FOREIGN DIRECT INVESTMENTS, FULL EMPLOYMENT, FUNCTIONAL FORM, GENERAL EQUILIBRIUM, GENERAL EQUILIBRIUM MODEL, GLOBAL ECONOMY, GLOBAL MARKET, GOVERNMENT INTERVENTIONS, GROSS DOMESTIC PRODUCT, GROWTH PROCESS, GROWTH RATE, INCOME, INCOME DISTRIBUTION, INCOME INEQUALITIES, INCOME INEQUALITY, INCOME SHOCKS, INCOME TAX, INCOME TRANSFER, INEQUALITY INDEX, INEQUALITY MEASURES, INSTITUTIONAL CAPACITY, INTERMEDIATE INPUTS, INTERNATIONAL BUSINESS, INTERNATIONAL TRADE, LABOR SUPPLY, LABOUR, LABOUR FORCE, LABOUR SUPPLY, LAFFER CURVE, LAND PRODUCTIVITY, LIVING STANDARDS, LOW INCOME, LOW-INCOME COUNTRIES, MACROECONOMIC ENVIRONMENT, MACROECONOMIC STABILITY, MACROECONOMICS, MARKET ACCESS, MARKET EQUILIBRIUM, MARKET INFORMATION, MARKET PRICE, MEAN INCOME, NATIONAL INCOME, NATURAL RESOURCES, NEGATIVE RELATIONSHIP, OPEN ECONOMY, OPEN MARKETS, OPTIMIZING BEHAVIOR, OUTPUT, PERFECT COMPETITION, POLICY DESIGN, POLICY DISCUSSIONS, POLICY ENVIRONMENT, POLICY INTERVENTION, POLICY MAKERS, POLICY RESEARCH, POLICY VARIABLES, POPULATION GROWTH, POSITIVE EFFECTS, POSITIVE RELATIONSHIP, POVERTY ALLEVIATION, POVERTY REDUCTION, PRIVATE CONSUMPTION, PRIVATE PROPERTY, PRIVATE SECTOR, PRODUCERS, PRODUCTION PROCESS, PRODUCTION PROCESSES, PRODUCTION TECHNOLOGY, PRODUCTIVITY, PRODUCTIVITY GROWTH, PROPERTY RIGHTS, PUBLIC EXPENDITURE, PUBLIC SECTOR, RATE OF RETURN, REAL GDP, REAL WAGE, RELATIVE PRICES, RENT SEEKING, SAVINGS, SENSITIVITY ANALYSIS, STATIC ANALYSIS, SUPPLY CURVE, SUSTAINABILITY IMPACT, SUSTAINABLE DEVELOPMENT, TAX REVENUES, TECHNICAL ASSISTANCE, TECHNOLOGY TRANSFERS, TERMS OF TRADE, TRADE BALANCE, TRADE BARRIERS, TRADE DEFICIT, TRADE LIBERALIZATION, TRADE POLICIES, TRADE POLICY, TRADE REFORMS, TRANSACTION COST, TRANSACTION COSTS, UNEMPLOYMENT, UNEMPLOYMENT RATE, UTILITY FUNCTION, WELFARE EFFECTS, WORLD DEVELOPMENT INDICATORS, WTO