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Trade and the Competitiveness Agenda

Author

Listed:
  • Reis, José Guilherme

    (World Bank)

  • Farole, Thomas

    (World Bank)

Abstract
The global economic crisis has forced a major rethinking of the respective roles of governments and markets in the processes of trade and growth. Indeed, industrial policy seems to be back in fashion—or, at least, talking about it is. But a renewed “activism” by government in the trade and growth agenda need not mean a return to old-style policies of import substitution and “picking winners.” Instead, it may mean a stronger focus on competitiveness by unlocking the constraints to private sector–led growth. This note discusses the renewed role of government in trade and growth policy from the competitiveness angle, and it suggests some priorities for the new competitiveness agenda.

Suggested Citation

  • Reis, José Guilherme & Farole, Thomas, 2010. "Trade and the Competitiveness Agenda," World Bank - Economic Premise, The World Bank, issue 18, pages 1-5, June.
    • Handle: RePEc:wbk:prmecp:ep18
    as

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    File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP18.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Hoekman, Bernard & Wilson, John S., 2010. "Aid for trade : building on progress today for tomorrow's future," Policy Research Working Paper Series 5361, The World Bank.

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    More about this item

    Keywords

    trade; competitiveness; financial crisis; growth; industrial policy; import substitution; picking winners; trade policy; exports; imports;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade

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