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WTO Working Papers

WTO working papers usually represent research in progress. Such research may be conducted in the preparation of WTO Secretariat reports, studies or other material for WTO members. The papers are circulated for comment because the WTO considers critical review of professional research to be extremely important.

English

The Role of Trade-Led Economic Growth in Fostering Development

Lessons for the Post--2015- Development Agenda

The United Nations' post--2015- development agenda is taking shape. Like its predecessor the Millennium Development Goals, the post--2015- agenda will reshape development policy priorities for governments and non-governmental actors alike, in many cases galvanising new attention, thinking, and financing to tackle the priorities it identifies. This essay reviews the historical and ongoing role played by trade in sustained high growth and human development progress, and makes the case that the post--2015- development agenda should include considerations related to trade rules and supply-side capacity. Given the strong links between trade-led growth, economic upgrading, and poverty reduction, the paper argues that trade led economic growth must be prioritised in the post--2015- development agenda.

English

Keywords: GATT WTO, trade, Post-2015 Development Agenda, Millennium Development Goals, UN, growth, development
JEL: O4: Economic Development, Innovation, Technological Change, and Growth / Economic Growth and Aggregate Productivity; N4: Economic History / Government, War, Law, International Relations, and Regulation; O1: Economic Development, Innovation, Technological Change, and Growth / Economic Development
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