The Commitment to Development Index ranks 27 of the world’s richest countries on policies that affect the more than five billion people living in poorer nations.
Opening markets to trade with poor countries was a key part of the eighth Millennium Development Goal and its global partnership for development. Countries recognized that development is about more than aid and that the poorest countries needed to be more integrated with the global economy to help them create jobs and opportunities for growth. In 2005, the World Trade Organization embraced this goal and developing country members agreed that those of them “in a position to do so” should also open their markets to the least developed countries (LDCs). Since then, most developed countries have removed barriers on at least 98 percent of all goods for LDC exporters, while China and India adopted less expansive programs to improve market access for these countries.
Supporting Multilateralism and Development in US Trade Policy with Duty-Free, Quota-Free Market Access and Food Aid Reform
Kimberly Ann Elliott encourages new US Trade Representative Michael Froman to seek congressional approval for duty-free, quota-free market access for all least developed countries and to push ahead on food aid reform
Traditional measures of development divide the world into categories such as developed and developing, rich and poor, and North and South.
In Greenprint, Aaditya Mattoo and Arvind Subramanian argued that only radical technological progress can reconcile climate-change goals with those of development and energy access. In this paper, they show how trade policy and trade rules can facilitate action on climate change.
China's Development Finance to Africa: A Media-Based Approach to Data Collection - Working Paper 323
China’s presence in Africa is, beyond dispute, large in both trade and what can be called official finance to Africa. But how large, exactly? A new database from the College of William and Mary brings additional resources to help answer the question. This paper describes the new database, its key findings, and its possible applications and limitations of the data, which is being made publicly available for the first time.
Regional trade agreements such as the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership could leave some poor countries behind. Here are three policy changes to help Congress and President Obama avoid doing so.
Arvind Subramanian testified before the Ways and Means Committee of the United States Congres hearing on US-India trade relations on March 13, 2013.