Trade promotes economic growth, alleviates poverty and helps countries reach their development goals. However, developing countries – in particular the least developed – face difficulties in making trade happen and turning trade into economic growth. The Aid for Trade Initiative – launched at the 2005 World Trade Organisation conference in Hong Kong – aims at helping these countries to take advantage of trade opportunities and to reap the benefits of their integration into the world economy. The Initiative has been a success: it has not only raised awareness among both donors and developing countries about the role of trade in development, but also helped secure increased resources.
Trade for Growth and Poverty Reduction: How Aid for Trade Can Help explains how Aid for Trade can foster economic growth and reduce poverty, and why it is an important instrument for a development strategy that actively supports poverty alleviation. Unlocking this potential requires carefully designed and sequenced trade reforms. While developing countries have many trade-related needs, but financial resources and political capital for reforms are limited, it is an important priority to tackle the most binding constraints to trade expansion. This report describes the diagnostic tools available, evaluates their strengths and weaknesses, and suggests a dynamic framework to guide the sequencing of reform and donor support.
The glossary of key terms in evaluation and results-based management should facilitate and improve dialogue and understanding among all those who are involved in development activities and their evaluation, whether in partner countries, development agencies and banks, or non-governmental organisations.
The Latin American Economic Outlook 2011: How middle-class is Latin America? was presented in Santo Domingo on 9 March 2011, at the Ministry of Economy, Planning and Development of the Dominican Republic.
OECD organised an expert workshop on the implementation of Aid for Trade, with a focus on the trade dimension of the Aid for Trade Initiative.
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The Synthesis report aims to bring into greater focus the key issues pertaining to capacity development.The report is specifically assembled by a professional team as a best effort attempt to pull together, in one location, the evidence of what we are learning in each of the priority capacity areas of the Accra Agenda for Action.
In 2010, the United Arab Emirates (UAE) provided whole-of-government reporting of its aid flows at the activity level to the OECD Development Assistance Committee (DAC), making it the first country outside the DAC’s membership to report in such detail.
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The OECD Development Centre Head of Regional desks, Mr. Kiichiro Fukasaku, participated as a lead discussant in Session II "Current Pledges to Curb Emissions and National Strategies for Promoting Green Growth" of the two-day International Workshop on "Climate Change and Green Asia" in Japan.
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Persistence in educational achievements across generations in Latin America arises from high returns to education, low progressivity in public investment in human capital and lack of access to proper financing. Education and other social policies to boost upward mobility are discussed.
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This article focuses on Indonesia’s progress in improving its policy framework for investment and asks what more can be done to attract high quality investment into the country. It is part of the Investment Insights series.
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In a sample of 128 countries, we identify 25 episodes of large nominal and real appreciations shocks and study their macroeconomic effects in a dummy-augmented panel autoregressive model. Results show that an exchange rate appreciation can have strong effects on current account balances.