Integrating poor countries into the world trading system (International Monetary Fund, 2006)
"Recent research had devoted much attention to trade issues--in particular, the relationship between trade, economic growth, and poverty reduction, and the costs and benefits likely to accrue to low-income countries that liberalize their trade regimes. This Economic Issue summarizes IMF staff findings on these topics"--Page iv
Includes bibliographical references
Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countries' trade policies and their development strategies. However, although greater trade openness promises faster growth for poor countries, it also presents risks to those with small and undiversified economies. This pamphlet explores research by fund staff into the nature and magnitude of these risks and proposes targeted policy solutions to ease adjustments and encourage developing countries to choose fuller participation in the world trading system--Publisher's description