RESEARCH AND ANALYSIS
The Role of Trade in Ending Poverty
“The Role of Trade in Ending Poverty” looks at the complex relationships between economic growth, poverty reduction and trade, and examines the challenges that poor people face in benefiting from trade opportunities.
Written jointly by the World Bank Group and the WTO, the publication examines trade and poverty across four dimensions: rural poverty; the informal economy; the impact of fragility and conflict; and gender. The publication looks at how trade could make a greater contribution to ending poverty by increasing efforts to lower trade costs, improve the enabling environment, implement trade policy in conjunction with other areas of policy, better manage risks faced by the poor, and improve data used for policy-making.
In a joint foreword to the publication, WTO Director-General Roberto Azevêdo and World Bank Group President Jim Yong Kim say: “Our two organizations … are united in a common purpose to contribute to economic development and improve people’s lives around the world. At this critical juncture in history, we need to ensure that trade helps all, especially the poorest, as we strive to reach the goal of ending extreme poverty in a generation.”
Co-published by the World Bank and the WTO in 2015.