Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries

This paper examines how aid-for-trade programs can help to magnify the growth benefits that developing countries can reap from trade reform and global integration, with a special emphasis on the Caribbean region. The first part discusses various ra...

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Bibliographic Details
Main Author: Moreira, Emmanuel Pinto
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
GDP
ITC
OIL
TAX
WTO
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100407160813
http://hdl.handle.net/10986/3752
id okr-10986-3752
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVERSE DEMAND
ADVERSE EFFECT
ADVERSE EFFECTS
AGRICULTURE
AVERAGE TARIFF
AVERAGE TARIFFS
AVERAGE TRADE
BALANCE OF PAYMENTS
BARRIER
BILATERAL INSTITUTIONS
BUDGET DEFICITS
BUSINESS CLIMATE
BUSINESS CYCLES
CAPACITY BUILDING
CAPITAL ACCUMULATION
CAPITAL FORMATION
CAPITAL NEEDS
CAPITAL STOCK
COLLATERAL
COMPETITIVENESS
CREDITWORTHINESS
CROWDING OUT
CURRENCY
CURRENCY UNION
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CUSTOMS PROCEDURES
DEBT
DEVELOPING COUNTRIES
DEVELOPING ECONOMIES
DEVELOPMENT ECONOMICS
DEVELOPMENT STRATEGIES
DEVELOPMENT STRATEGY
DISTORTED INCENTIVES
DIVIDEND
DOMESTIC MARKET
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRICES
DOMESTIC PRODUCERS
DOMESTIC PRODUCTION
DOMESTIC PRODUCTS
DOMESTIC TAX SYSTEM
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC REFORM
ECONOMIC RESEARCH
EMPIRICAL EVIDENCE
EMPIRICAL STUDIES
EQUIPMENT
EQUITY INVESTMENT
EXCHANGE RATE
EXCHANGE RATE MOVEMENT
EXPENDITURE
EXPENDITURES
EXPORT GROWTH
EXPORT MARKET
EXPORT PERFORMANCE
EXPORT PRICES
EXPORTS
EXTERNAL BORROWING
EXTERNAL TRADE
EXTERNALITIES
FINAL GOODS
FINANCIAL CRISIS
FINANCIAL INTEGRATION
FINANCIAL SECTOR
FINANCIAL SECTORS
FISCAL CONSTRAINTS
FISCAL DEFICIT
FISCAL DEFICITS
FISH
FIXED SHARES
FOOD PRODUCTION
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE MARKET
FREE TRADE
GDP
GDP PER CAPITA
GLOBAL INTEGRATION
GLOBAL TRADE
GLOBALIZATION
GOVERNMENT BORROWING
GOVERNMENT REVENUE
GOVERNMENT SPENDING
GROWTH RATE
GROWTH RATES
HUMAN CAPITAL
IMPACT OF TRADE
IMPACT OF TRADE REFORMS
IMPORT TARIFFS
INCOME
INCOME TAX
INFLATION
INFLATION STABILIZATION
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE PROJECTS
INSTITUTION BUILDING
INSTITUTIONAL CAPACITY
INSTITUTIONAL CONSTRAINTS
INSTITUTIONAL ENVIRONMENT
INTELLECTUAL PROPERTY
INTERMEDIATE GOODS
INTERMEDIATE INPUTS
INTERNATIONAL BANK
INTERNATIONAL COMPETITIVENESS
INTERNATIONAL MARKETS
INTERNATIONAL ORGANIZATIONS
INTERNATIONAL TRADE
INTERNATIONAL TRANSPORT
INVENTORY
INVESTMENT CLIMATE
INVESTMENT RATES
ITC
KNOWLEDGE SPILLOVERS
LABOR FORCE
LABOR MARKET
LABOR MARKET ADJUSTMENT
LABOR MARKETS
LOSS OF REVENUE
LOST TARIFF REVENUE
LOW-INCOME COUNTRIES
MARGINAL PRODUCTIVITY
MARKET ACCESS
MARKET ACCESS OPPORTUNITIES
MARKET REFORMS
MIDDLE-INCOME COUNTRIES
MIDDLE-INCOME COUNTRY
MOBILE PHONE
MORAL HAZARD
MULTILATERAL AGENCIES
NATIONAL DEVELOPMENT
NEW MARKET
NEW MARKET OPPORTUNITIES
OIL
OIL IMPORTS
OUTPUT
OUTPUTS
POLITICAL ECONOMY
POPULATION GROWTH
POSITIVE EFFECTS
POSITIVE EXTERNALITIES
PRICE OF IMPORTS
PRIVATE CAPITAL
PRIVATE CONSUMPTION
PRIVATE FINANCING
PRIVATE INVESTMENT
PRODUCERS
PRODUCTION COSTS
PRODUCTIVITY
PROPERTY RIGHTS
PUBLIC DEBT
PUBLIC GOODS
PUBLIC INVESTMENT
PUBLIC SAVINGS
PUBLIC SPENDING
QUALITY STANDARDS
QUANTITATIVE RESTRICTIONS
QUOTAS
REAL EXCHANGE RATE
REAL GDP
REAL WAGES
RED TAPE
REDUCTION IN TARIFFS
REGIONAL INTEGRATION
REGRESSION ANALYSIS
REGULATORY ENVIRONMENT
SHARE OF WORLD TRADE
SIDE EFFECTS
SPECIALIZATION
TARIFF RATE
TARIFF RATES
TARIFF REDUCTION
TARIFF REDUCTIONS
TARIFF REVENUE
TARIFF REVENUES
TAX
TAX COLLECTION
TAX RATE
TAX RATES
TAX REFORM
TAX REFORMS
TAX REVENUE
TAX REVENUES
TAX SYSTEM
TAX SYSTEMS
TAXATION
TECHNICAL ASSISTANCE
TRADABLE GOODS
TRADE AGREEMENT
TRADE AGREEMENTS
TRADE BALANCE
TRADE BARRIERS
TRADE COSTS
TRADE DIVERSION
TRADE EFFECTS
TRADE EXPANSION
TRADE FACILITATION
TRADE FLOWS
TRADE INTEGRATION
TRADE LIBERALIZATION
TRADE OPENNESS
TRADE PERFORMANCE
TRADE POLICY
TRADE REFORM
TRADE REFORMS
TRADE REGIMES
TRADE TAX
TRADE TAXES
TRADING
TRANSPORT COSTS
UNEMPLOYMENT
UNEMPLOYMENT RATE
VOLATILITY
WELFARE EFFECTS
WELFARE GAINS
WORLD ECONOMY
WORLD MARKETS
WTO
spellingShingle ADVERSE DEMAND
ADVERSE EFFECT
ADVERSE EFFECTS
AGRICULTURE
AVERAGE TARIFF
AVERAGE TARIFFS
AVERAGE TRADE
BALANCE OF PAYMENTS
BARRIER
BILATERAL INSTITUTIONS
BUDGET DEFICITS
BUSINESS CLIMATE
BUSINESS CYCLES
CAPACITY BUILDING
CAPITAL ACCUMULATION
CAPITAL FORMATION
CAPITAL NEEDS
CAPITAL STOCK
COLLATERAL
COMPETITIVENESS
CREDITWORTHINESS
CROWDING OUT
CURRENCY
CURRENCY UNION
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CUSTOMS PROCEDURES
DEBT
DEVELOPING COUNTRIES
DEVELOPING ECONOMIES
DEVELOPMENT ECONOMICS
DEVELOPMENT STRATEGIES
DEVELOPMENT STRATEGY
DISTORTED INCENTIVES
DIVIDEND
DOMESTIC MARKET
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRICES
DOMESTIC PRODUCERS
DOMESTIC PRODUCTION
DOMESTIC PRODUCTS
DOMESTIC TAX SYSTEM
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC REFORM
ECONOMIC RESEARCH
EMPIRICAL EVIDENCE
EMPIRICAL STUDIES
EQUIPMENT
EQUITY INVESTMENT
EXCHANGE RATE
EXCHANGE RATE MOVEMENT
EXPENDITURE
EXPENDITURES
EXPORT GROWTH
EXPORT MARKET
EXPORT PERFORMANCE
EXPORT PRICES
EXPORTS
EXTERNAL BORROWING
EXTERNAL TRADE
EXTERNALITIES
FINAL GOODS
FINANCIAL CRISIS
FINANCIAL INTEGRATION
FINANCIAL SECTOR
FINANCIAL SECTORS
FISCAL CONSTRAINTS
FISCAL DEFICIT
FISCAL DEFICITS
FISH
FIXED SHARES
FOOD PRODUCTION
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE MARKET
FREE TRADE
GDP
GDP PER CAPITA
GLOBAL INTEGRATION
GLOBAL TRADE
GLOBALIZATION
GOVERNMENT BORROWING
GOVERNMENT REVENUE
GOVERNMENT SPENDING
GROWTH RATE
GROWTH RATES
HUMAN CAPITAL
IMPACT OF TRADE
IMPACT OF TRADE REFORMS
IMPORT TARIFFS
INCOME
INCOME TAX
INFLATION
INFLATION STABILIZATION
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE PROJECTS
INSTITUTION BUILDING
INSTITUTIONAL CAPACITY
INSTITUTIONAL CONSTRAINTS
INSTITUTIONAL ENVIRONMENT
INTELLECTUAL PROPERTY
INTERMEDIATE GOODS
INTERMEDIATE INPUTS
INTERNATIONAL BANK
INTERNATIONAL COMPETITIVENESS
INTERNATIONAL MARKETS
INTERNATIONAL ORGANIZATIONS
INTERNATIONAL TRADE
INTERNATIONAL TRANSPORT
INVENTORY
INVESTMENT CLIMATE
INVESTMENT RATES
ITC
KNOWLEDGE SPILLOVERS
LABOR FORCE
LABOR MARKET
LABOR MARKET ADJUSTMENT
LABOR MARKETS
LOSS OF REVENUE
LOST TARIFF REVENUE
LOW-INCOME COUNTRIES
MARGINAL PRODUCTIVITY
MARKET ACCESS
MARKET ACCESS OPPORTUNITIES
MARKET REFORMS
MIDDLE-INCOME COUNTRIES
MIDDLE-INCOME COUNTRY
MOBILE PHONE
MORAL HAZARD
MULTILATERAL AGENCIES
NATIONAL DEVELOPMENT
NEW MARKET
NEW MARKET OPPORTUNITIES
OIL
OIL IMPORTS
OUTPUT
OUTPUTS
POLITICAL ECONOMY
POPULATION GROWTH
POSITIVE EFFECTS
POSITIVE EXTERNALITIES
PRICE OF IMPORTS
PRIVATE CAPITAL
PRIVATE CONSUMPTION
PRIVATE FINANCING
PRIVATE INVESTMENT
PRODUCERS
PRODUCTION COSTS
PRODUCTIVITY
PROPERTY RIGHTS
PUBLIC DEBT
PUBLIC GOODS
PUBLIC INVESTMENT
PUBLIC SAVINGS
PUBLIC SPENDING
QUALITY STANDARDS
QUANTITATIVE RESTRICTIONS
QUOTAS
REAL EXCHANGE RATE
REAL GDP
REAL WAGES
RED TAPE
REDUCTION IN TARIFFS
REGIONAL INTEGRATION
REGRESSION ANALYSIS
REGULATORY ENVIRONMENT
SHARE OF WORLD TRADE
SIDE EFFECTS
SPECIALIZATION
TARIFF RATE
TARIFF RATES
TARIFF REDUCTION
TARIFF REDUCTIONS
TARIFF REVENUE
TARIFF REVENUES
TAX
TAX COLLECTION
TAX RATE
TAX RATES
TAX REFORM
TAX REFORMS
TAX REVENUE
TAX REVENUES
TAX SYSTEM
TAX SYSTEMS
TAXATION
TECHNICAL ASSISTANCE
TRADABLE GOODS
TRADE AGREEMENT
TRADE AGREEMENTS
TRADE BALANCE
TRADE BARRIERS
TRADE COSTS
TRADE DIVERSION
TRADE EFFECTS
TRADE EXPANSION
TRADE FACILITATION
TRADE FLOWS
TRADE INTEGRATION
TRADE LIBERALIZATION
TRADE OPENNESS
TRADE PERFORMANCE
TRADE POLICY
TRADE REFORM
TRADE REFORMS
TRADE REGIMES
TRADE TAX
TRADE TAXES
TRADING
TRANSPORT COSTS
UNEMPLOYMENT
UNEMPLOYMENT RATE
VOLATILITY
WELFARE EFFECTS
WELFARE GAINS
WORLD ECONOMY
WORLD MARKETS
WTO
Moreira, Emmanuel Pinto
Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries
geographic_facet Latin America & Caribbean
Caribbean
relation Policy Research working paper ; no. WPS 5265
description This paper examines how aid-for-trade programs can help to magnify the growth benefits that developing countries can reap from trade reform and global integration, with a special emphasis on the Caribbean region. The first part discusses various rationales for trade-related aid, viewed both as a compensatory scheme (aimed at cushioning the impact of revenue cuts and adjustment costs) and a promotion scheme (aimed at alleviating supply-side constraints). In the latter case, particular attention is paid to the role of infrastructure as a constraining factor on trade expansion. The second part discusses the relevance of aid-for-trade arguments for Caribbean countries and identifies a number of specific issues for the region. The third part illustrates the potential growth effects of aid-for-trade programs with simulation results for the Dominican Republic -- a country where infrastructure indicators remain relatively weak. The results illustrate the potentially large growth benefits that a temporary and well-targeted aid-for-trade program can provide to countries of the region.
format Publications & Research :: Policy Research Working Paper
author Moreira, Emmanuel Pinto
author_facet Moreira, Emmanuel Pinto
author_sort Moreira, Emmanuel Pinto
title Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries
title_short Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries
title_full Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries
title_fullStr Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries
title_full_unstemmed Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries
title_sort aid for trade, infrastructure, and the growth effects of trade reform : issues and implications for caribbean countries
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100407160813
http://hdl.handle.net/10986/3752
_version_ 1764388145169694720
spelling okr-10986-37522021-04-23T14:02:12Z Aid for Trade, Infrastructure, and the Growth Effects of Trade Reform : Issues and Implications for Caribbean Countries Moreira, Emmanuel Pinto ADVERSE DEMAND ADVERSE EFFECT ADVERSE EFFECTS AGRICULTURE AVERAGE TARIFF AVERAGE TARIFFS AVERAGE TRADE BALANCE OF PAYMENTS BARRIER BILATERAL INSTITUTIONS BUDGET DEFICITS BUSINESS CLIMATE BUSINESS CYCLES CAPACITY BUILDING CAPITAL ACCUMULATION CAPITAL FORMATION CAPITAL NEEDS CAPITAL STOCK COLLATERAL COMPETITIVENESS CREDITWORTHINESS CROWDING OUT CURRENCY CURRENCY UNION CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CUSTOMS PROCEDURES DEBT DEVELOPING COUNTRIES DEVELOPING ECONOMIES DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DISTORTED INCENTIVES DIVIDEND DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES DOMESTIC PRODUCERS DOMESTIC PRODUCTION DOMESTIC PRODUCTS DOMESTIC TAX SYSTEM ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ECONOMIC RESEARCH EMPIRICAL EVIDENCE EMPIRICAL STUDIES EQUIPMENT EQUITY INVESTMENT EXCHANGE RATE EXCHANGE RATE MOVEMENT EXPENDITURE EXPENDITURES EXPORT GROWTH EXPORT MARKET EXPORT PERFORMANCE EXPORT PRICES EXPORTS EXTERNAL BORROWING EXTERNAL TRADE EXTERNALITIES FINAL GOODS FINANCIAL CRISIS FINANCIAL INTEGRATION FINANCIAL SECTOR FINANCIAL SECTORS FISCAL CONSTRAINTS FISCAL DEFICIT FISCAL DEFICITS FISH FIXED SHARES FOOD PRODUCTION FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FREE TRADE GDP GDP PER CAPITA GLOBAL INTEGRATION GLOBAL TRADE GLOBALIZATION GOVERNMENT BORROWING GOVERNMENT REVENUE GOVERNMENT SPENDING GROWTH RATE GROWTH RATES HUMAN CAPITAL IMPACT OF TRADE IMPACT OF TRADE REFORMS IMPORT TARIFFS INCOME INCOME TAX INFLATION INFLATION STABILIZATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PROJECTS INSTITUTION BUILDING INSTITUTIONAL CAPACITY INSTITUTIONAL CONSTRAINTS INSTITUTIONAL ENVIRONMENT INTELLECTUAL PROPERTY INTERMEDIATE GOODS INTERMEDIATE INPUTS INTERNATIONAL BANK INTERNATIONAL COMPETITIVENESS INTERNATIONAL MARKETS INTERNATIONAL ORGANIZATIONS INTERNATIONAL TRADE INTERNATIONAL TRANSPORT INVENTORY INVESTMENT CLIMATE INVESTMENT RATES ITC KNOWLEDGE SPILLOVERS LABOR FORCE LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKETS LOSS OF REVENUE LOST TARIFF REVENUE LOW-INCOME COUNTRIES MARGINAL PRODUCTIVITY MARKET ACCESS MARKET ACCESS OPPORTUNITIES MARKET REFORMS MIDDLE-INCOME COUNTRIES MIDDLE-INCOME COUNTRY MOBILE PHONE MORAL HAZARD MULTILATERAL AGENCIES NATIONAL DEVELOPMENT NEW MARKET NEW MARKET OPPORTUNITIES OIL OIL IMPORTS OUTPUT OUTPUTS POLITICAL ECONOMY POPULATION GROWTH POSITIVE EFFECTS POSITIVE EXTERNALITIES PRICE OF IMPORTS PRIVATE CAPITAL PRIVATE CONSUMPTION PRIVATE FINANCING PRIVATE INVESTMENT PRODUCERS PRODUCTION COSTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC DEBT PUBLIC GOODS PUBLIC INVESTMENT PUBLIC SAVINGS PUBLIC SPENDING QUALITY STANDARDS QUANTITATIVE RESTRICTIONS QUOTAS REAL EXCHANGE RATE REAL GDP REAL WAGES RED TAPE REDUCTION IN TARIFFS REGIONAL INTEGRATION REGRESSION ANALYSIS REGULATORY ENVIRONMENT SHARE OF WORLD TRADE SIDE EFFECTS SPECIALIZATION TARIFF RATE TARIFF RATES TARIFF REDUCTION TARIFF REDUCTIONS TARIFF REVENUE TARIFF REVENUES TAX TAX COLLECTION TAX RATE TAX RATES TAX REFORM TAX REFORMS TAX REVENUE TAX REVENUES TAX SYSTEM TAX SYSTEMS TAXATION TECHNICAL ASSISTANCE TRADABLE GOODS TRADE AGREEMENT TRADE AGREEMENTS TRADE BALANCE TRADE BARRIERS TRADE COSTS TRADE DIVERSION TRADE EFFECTS TRADE EXPANSION TRADE FACILITATION TRADE FLOWS TRADE INTEGRATION TRADE LIBERALIZATION TRADE OPENNESS TRADE PERFORMANCE TRADE POLICY TRADE REFORM TRADE REFORMS TRADE REGIMES TRADE TAX TRADE TAXES TRADING TRANSPORT COSTS UNEMPLOYMENT UNEMPLOYMENT RATE VOLATILITY WELFARE EFFECTS WELFARE GAINS WORLD ECONOMY WORLD MARKETS WTO This paper examines how aid-for-trade programs can help to magnify the growth benefits that developing countries can reap from trade reform and global integration, with a special emphasis on the Caribbean region. The first part discusses various rationales for trade-related aid, viewed both as a compensatory scheme (aimed at cushioning the impact of revenue cuts and adjustment costs) and a promotion scheme (aimed at alleviating supply-side constraints). In the latter case, particular attention is paid to the role of infrastructure as a constraining factor on trade expansion. The second part discusses the relevance of aid-for-trade arguments for Caribbean countries and identifies a number of specific issues for the region. The third part illustrates the potential growth effects of aid-for-trade programs with simulation results for the Dominican Republic -- a country where infrastructure indicators remain relatively weak. The results illustrate the potentially large growth benefits that a temporary and well-targeted aid-for-trade program can provide to countries of the region. 2012-03-19T18:39:11Z 2012-03-19T18:39:11Z 2010-04-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100407160813 http://hdl.handle.net/10986/3752 English Policy Research working paper ; no. WPS 5265 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Latin America & Caribbean Caribbean