This edition focuses on trade connectivity, which is critical for inclusiveness and sustainable development. Physical connectivity enables the movement of goods and services to local, regional and global markets.

This enlightening book offers a comprehensive historical analysis of the main development challenges of the last half century and the international community’s response through aid and trade. Much has happened: the oil crises of the 1970s, the debt crises of the 1980s, the break-up of the Soviet Union in the 1990s, the Millennium Development Goals, the onslaught of Globalization and the rise of its opponents since the financial crisis of the 2000s. Through it all, development has spread and global poverty declined. The volume assesses the contributions and coherence of developing and developed country policies and the role played by global institutions entrusted with responsibilities to enhance trade and support development. The volume concludes with a focus on the prospects for the future and the changes needed to make globalization more equitable. With 50 years of professional experience in the World Bank, the WTO and bilateral aid agencies, Michalopoulos brings an insider’s perspective on the workings of these institutions and what needs to be done to make them more effective and responsive to changing global needs.

This edition analyses how trade can contribute to economic diversification and empowerment, with a focus on eliminating extreme poverty, particularly through the effective participation of women and youth. It shows how aid for trade can contribute to that objective by addressing supply-side capacity and trade-related infrastructure constraints, including for micro-, small- and medium-sized enterprises notably in rural areas.

Originally published in 1982. Trade and Aid outlines the transition of U.S. foreign policy during the Eisenhower administration. In the years leading up to Eisenhower's election, America's predominant foreign economic program was based on the concept of "trade not aid," which deemphasized foreign aid and relied instead on liberalized world trade and the encouragement of private foreign investment to assure world economic growth. When Eisenhower took office in 1953, he embraced this doctrine. However, as problems in the Third World worsened, it became clear to Eisenhower and other architects of American foreign policy that trade and private investment were insufficient solutions to the economic woes of developing nations. In 1954 Eisenhower began to embrace economic aid as a core axis of his foreign economic policy. Burton I. Kaufman contextualizes Eisenhower's foreign policy leadership in the ongoing historical evaluation of Eisenhower's leadership prowess. He evaluates the outcomes of the Eisenhower administration's trade and aid program, arguing that developing countries were worse off by the time Eisenhower left office.

The Aid for Trade Initiative has allowed for the active engagement of a large number of organisations and agencies in helping developing countries and especially the least developed build the infrastructure and supply-side capacity they need to connect to regional and global markets and improve ...

Aid for Trade (AfT) has become a major item on the international trade and development discourse. This is to a large extent in response to concerns expressed by developing countries and economies in transition with regard to their capacities to implement trade agreements, especially WTO agreements, and undertake necessary adjustments to increase net development gains from emerging trade opportunities. In this World Report, major UN agencies active in development cooperation and longstanding providers of trade-related technical assistance and capacity building discuss ways to sustain the momentum towards the operationalization and implementation of the AfT initiative and the supportive role to be played by the UN system. This is consistent with UN's role in promoting development and helping to achieve poverty reduction, as committed in the Millennium Declaration and the 2005 World Summit Outcome. The Report should be of particular interest to government officials, officials of regional organizations, representatives of the private sector dealing with trade agreements and negotiations, civil society and academia. Supachai Panitchpakdi, Secretary-General of UNCTAD Lakshmi Puri is Acting Deputy Secretary-General and Director of the Division on International Trade and Services, and Commodities at UNCTAD in Geneva. Philippe De Lombaerde is Associate Director of United Nations University (UNU-CRIS) in Bruges. In collaboration with: UNCTAD, ECA, ECLAC, ESCAP, ESCWA, UNECE, UNIDO, UNDP, UNEP

This philosophical examination of trade and aid argues that a compassionate, rational and humane engagement with the global economy could lead to a better world.