The role of trade in ending poverty

"The expansion of international trade has been essential to development and poverty reduction. Todays economy is unquestionable global. Trade as a proportion of global GDP has approximately doubled since 1975. Markets for goods and services have become increasingly integrated through a fall in...

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Main Authors: Bartley Johns, Marcus, Brenton, Paul, Cali, Massimiliano, Hoppe, Mombert, Piermartini, Roberta
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Washington, DC 2015
World Bank
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19100134124919283169-The-role-of-trade-in-ending-po.htm
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author Bartley Johns, Marcus
Brenton, Paul
Cali, Massimiliano
Hoppe, Mombert
Piermartini, Roberta
author_facet Bartley Johns, Marcus
Brenton, Paul
Cali, Massimiliano
Hoppe, Mombert
Piermartini, Roberta
collection Library items
description "The expansion of international trade has been essential to development and poverty reduction. Todays economy is unquestionable global. Trade as a proportion of global GDP has approximately doubled since 1975. Markets for goods and services have become increasingly integrated through a fall in trade barriers, with technology helping drive trade costs lower. But trade is not an end in itself. People measure the value of trade by the extent to which it delivers better livelihoods, through higher incomes, greater choice, and a more sustainable future, among other benefits. For the extreme poor living on less than $1.25 a day, the central value of trade is its potential to help transform their lives and those of their families. In this way, there is no doubt that the integration of global markets through trade openness has made a critical contribution to poverty reduction. The number of people living in extreme poverty around the world has fallen by around one billion since 1990. Without the growing participation of developing countries in international trade, and sustained efforts to lower barriers to the integration of markets, it is hard to see how this reduction could have been achieved."
format TEXT
id 19100134124919283169_1bb3df93c0294a0280bd44c5b7cead72
institution ETUI-European Trade Union Institute
is_hierarchy_id 19100134124919283169_1bb3df93c0294a0280bd44c5b7cead72
is_hierarchy_title The role of trade in ending poverty
language English
physical 75 p.
Digital
publishDate 2015
publisher Washington, DC
World Bank
spellingShingle Bartley Johns, Marcus
Brenton, Paul
Cali, Massimiliano
Hoppe, Mombert
Piermartini, Roberta
economic growth
international
poverty
poverty alleviation
trade
trade policy
The role of trade in ending poverty
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=107798092597
title The role of trade in ending poverty
topic economic growth
international
poverty
poverty alleviation
trade
trade policy
url https://www.labourline.org/KENTIKA-19100134124919283169-The-role-of-trade-in-ending-po.htm