Aid for Trade in Asia and the Pacific: Promoting Connectivity for Inclusive Development
Aid for Trade (AfT) is essential to promoting growth and tradability of services, and is a major catalyst for inclusive economic and structural information. This report looks at how trade performance in Asia and the Pacific is evolving, and highlights emerging trends in AfT. The report looks at cooperation projects in the energy sector, and shows how South Asia Subregional Economic Cooperation (SASEC) projects fund cross-border electricity transmission, power trade, energy efficiency, capacity building, and renewable sources of energy. The report also examines the impact of AfT on trade in services and the rise of e-commerce.
Author: Asian Development Bank
Tags: Trade, Energy, SASEC, Aid for Trade, ADB
World Trade Statistical Review 2017
The World Trade Statistical Review looks at the last 10 years and examines the latest developments in world trade, with a detailed analysis of the most recent trends for trade in goods and services. The book gives information on the participation of India, Bangladesh, and other South Asian economies in world trade, and highlights trends in the use of trade-facilitating measures. It also gives information on the implementation of the WTO Trade Facilitation Agreement and regional trade agreements, such as the South Asian Free Trade Arrangement.
Author: World Trade Organization
Tags: Export, Least Developed Countries, Aid for Trade, SAFTA, South Asia, Trade Facilitation, WTO, Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Sri Lanka
Facilitate Trade for Development: Aid for Trade
The Aid for Trade program has been providing support to developing economies in tackling obstacles to growth through better facilitation of trade in the last 10 years. Since its launch in 2006, a total of $308 billion has been disbursed to finance aid-for-trade programs and projects, which are working to reduce trade and transport costs, promote trade expansion, and achieve economic and social objectives. As high trade costs persist in keeping developing countries from fully exploiting their trade and development potential, the Aid for Trade program remains highly relevant, and will help developing economies, including landlocked and small and vulnerable economies, achieve the 2030 Agenda for Sustainable Development.
Author: William Hynes and Frans Lammersen
Tags: Trade, Development, Aid for Trade, Trade Facilitation, Transport, Bangladesh, Bhutan, Myanmar, Nepal, Least Developed Countries
Aid for Trade in Asia and the Pacific: Thinking Forward About Trade Costs and the Digital Economy
Aid for Trade (AfT) flows have increased each year since 2006 in Asia and the Pacific. While regional aggregate trade costs continue to fall, many subregions still struggle with trade costs that are substantially higher than the global average. This report highlights and explores how AfT contributed to these emerging trends in Asia and the Pacific and how to continue to address trade costs moving forward. Among the subregions, the Pacific (along with South Asia) has made the greatest improvements in the Logistics Performance Index from 2007-2014. Recent exporter surveys reveal a movement toward niche products and leveraging of e-commerce as a means to overcome cost and distance. Emerging digital technologies such as e-commerce further offers a new set of opportunities for economies in the region to grow through trade.
Author: Asian Development Bank
Tags: Aid for Trade, Asia-Pacific, ICT, South Asia, Trade, Bangladesh, Bhutan, India, Sri Lanka, Agriculture, Energy, Transport
Aid for Trade at a Glance 2015: Reducing Trade Costs for Inclusive, Sustainable Growth
High trade costs inhibit trade integration in various developing countries, slowing growth and development prospects. This joint OECD/WTO publication emphasizes the Aid-for-Trade Initiative as an example of how to reduce trade costs and contribute to the emerging post-2015 development agenda. It calls for redoubling of efforts to tackle the issue of trade costs that continue to marginalize many of the world’s poorest and most fragile economies. The chapters highlight main achievements and challenges of the Aid-for-Trade Initiative. It further suggests a focus on reducing trade costs for an integrated approach in achieving inclusive and sustainable development outcomes.
Author: World Trade Organization and Organisation for Economic Co-operation and Development
Tags: Aid for Trade, Trade Policy, WTO
Evaluating Aid for Trade on the Ground: Lessons from Bangladesh
This paper assesses the effectiveness and impact of aid for trade (AfT) in Bangladesh in a series of eight country studies by the International Center for Trade and Sustainable Development. The study argues that the results for AfT are mixed for Bangladesh since it has addressed supply side constraints and contributed to enhancing export competitiveness. However, lack of efficient administrative mechanisms, limited human capacity, and political instability that lead to low absorption capacity limits the overall effectiveness and impact of AfT in Bangladesh.
Author: Fahmida Khatun, Samina Hossain and Nepoleon Dewan
Tags: Bangladesh, Trade, Aid for Trade, Sustainability, Export, Development, Asia, Gender, LDC, Least Developed Countries