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Objective
of International Trade Research Work in the
World Bank
The
distinguishing feature of the World Bank work on
international trade is that it is an integral
part of the Bank¡¯s work on development and
poverty reduction. The World Bank assists
developing countries to formulate liberal trade
policies expressly in their process of
development and poverty reduction and provides
technical assistance or policy advice to the
governments towards an open trade regime. The
Bank undertakes research to better understand
the role of international trade in development
and poverty reduction. The Bank has also
contributed significantly to the development of
techniques and policy tools for analyzing the
impact of trade policy reforms e.g. import
restrictions, effective protection, domestic
resource cost, etc. At the same time, the World
Bank through policy-based loans has supported
trade reforms in many developing countries, such
as reduction of tariffs, elimination of
quantitative restrictions or improvement of
foreign exchange systems. This website focuses
on recent and on-going research on international
trade in the Bank. In addition, through the
World Bank Institute's trade
website the World Bank disseminates and
provides training in best practice and
cross-country experience in the area of trade
policy.
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