Title:	Regional Perspectives on Aid for Trade
Authors:	Solheim, Erik
Keywords:	on Aid for Trade
Issue Date:	2014
Publisher:	OECD
Description:	Deepening economic integration via regional co-operation has emerged as a key priority in the reform strategies of most developing economies over the past decade. This is evidenced by the explosive growth in bilateral and regional trading agreements in which they now participate. Regional aid for trade can help developing countries spur regional economic integration, enhance competiveness, and plug into regional production networks. These production networks have been important drivers of international trade and foreign direct investment and are increasingly figuring prominently in the development strategies of developing economies. Regional production networks are being facilitated to a large degree by regional economic co-operation; in fact, they are driving deep economic co-operation programmes from Southeast Asia to the Caribbean. Regional aid for trade is already contributing to this process. There are a number of studies that underscore the potential for regional aid for trade in supporting production networks not only in Asia but also in Africa. For example, a 2013 donor survey concludes that regional aid for trade has focused successfully on removing the binding constraints to regional integration and improving regional economic co-operation. This reality underscores the importance of the central tenet of aid for trade: infrastructure, trade facilitation, and creating a trade-enabling environment are essential for developing countries to benefit from trade liberalisation, be it within the context of a free-trade area, multilateral agreement, or unilateral approach.
URI:	http://10.6.20.12:80/handle/123456789/47282
ISBN:	978-92-64-21602-0
Appears in Collections:	Regional and Local Development Studies

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