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International Trade and Poverty Alleviation
Author:
Mr. Geoffrey J Bannister
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Series:
IMF Working Papers
Volume/Issue:
Volume 2001: Issue 054
Language:
English
Publication Date:
01 May 2001
DOI:
https://doi.org/10.5089/9781451847512.001
ISBN:
9781451847512
ISSN:
1018-5941
Pages:
33
Keywords:
WP; trade; liberalization; trade reform; poverty alleviation; trade reform fall; designed trade reform; trade volume; trade theory; price effects of a trade liberalization; impact of trade liberalization; trade rent; trade tax; benefits from trade liberalization; Trade liberalization; importance of trade liberalization; Income; Trade policy; Employment; Poverty reduction; Africa
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Empirical studies suggest that trade reform has a positive effect on employment and income for the poor; however, there are winners and losers. If the transitional costs of trade liberalization fall disproportionately on the poor, trade reform can be designed to mitigate these effects. This includes making reforms as broad based as possible, sequencing and phasing them to allow for adjustment, and implementing social safety nets and other reforms that facilitate adjustment to the new trade policy. In assessing these findings, it should be borne in mind that the links between trade reform and poverty are complex, making systematic empirical investigations difficult.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund