Trade and Poverty Reduction: Evidence of Impacts in Developing Countries

Reducing poverty and improving equity
Posted Apr 09, 2019 | WTO, World Bank

Trade is a key driver of global growth and poverty reduction. However, there is a trend away from trade openness, and the unstable policy environment has developed into a key risks to the global economy. In this joint report, the WTO and the World Bank highlight the implications for the poorest and most vulnerable. They show the need to continue to focus on reducing the high transaction costs faced by poor workers and consumers in developing countries, and explains how the benefits of trade can vary between rural and urban families, and between women and men. The paper also emphasises the value of different research methods in understanding links between trade and poverty, while highlighting areas for research and testing of new analytical methods.


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