 Complete
Report [1 mb] |
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| Foreword |
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| Executive
Summary |
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| Chapter
1: Introduction |
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While trade has helped expand
the global economy, the gains have been uneven. |
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The Bank has contributed to trade both
intellectually and financially, stressing its potential
contribution to economic development. |
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The evaluation assesses the effectiveness
of Bank trade assistance between fiscal years 1987 and
2004. |
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| Chapter
2: Lessons from the Literature |
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Despite long-term benefits from trade,
trade liberalization is often controversial. |
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The literature has extended the factors
that help maximize the benefits from trade liberalization. |
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Design of trade reform, complementary policies,
geography, and institutions matter to differing degrees
in each country. |
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| Chapter
3: Inputs, Trends, and Evolution of World Bank Trade Assistance
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Lending for trade varies but shows a secular
decline. |
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Trade conditionality and trade lending
have fallen. |
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Trade facilitation, largely customs, is
most frequent area of support. |
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Trade economic and sector work is on the
rise, and it is paying more attention to institutional
and welfare issues. |
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| Chapter
4: Outcomes and Results |
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The trade portfolio performed as well as
the rest of the Bank portfolio. |
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Trade adjustment loans were most likely
to meet their objectives, while institutional-related
investment lending was least likely to do so. |
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Nominal tariffs were significantly reduced
and overall growth often improved. |
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But the export supply response has been
uneven and diversification limited, particularly in Africa. |
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| Chapter
5: Trade Returns to the Agenda, 2001-04 |
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The Bank has increased its presence and
work on trade issues following the failed Seattle trade
meeting. |
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Research is of high quality and advocacy
has raised the Bank’s profile. |
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The Bank is meeting its trade capacity
building objectives unevenly, and more effort is needed
to mainstream trade. |
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| Chapter
6: Conclusions and Recommendations |
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Bank strategies on trade have been largely
relevant. |
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But strategies took too narrow a view
on critical factors for trade to contribute to growth. |
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The institution was also initially slow
to react to the changing global environment and to incorporate
those issues in operations. |
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Research and (increasingly) advocacy
have played important roles, externally. |
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But the greatest challenge remains at
the country level, where greater coordination across sectors
is required, as well as greater attention to poverty and
distributional implications. |
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Appendixes: |
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Appendix
A1: Timeline of Major Developments in International Trade,
1987-2005 |
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Appendix
A2: Conceptual Framework for the Evaluation |
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Appendix
B1: Trade and Development - The State of the Debate |
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Appendix
B2: Lessons from Previous IEG Evaluations |
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Appendix
C1: Defining Trade in the Bank Portfolio |
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Appendix
C2: Portfolio Data for Trade-Related Projects |
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Appendix
C3: Changes in the Focus of Trade Conditionality |
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Appendix
C4: Implementation of Conditions |
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Appendix
D1: Core and Non-core Trade Projects |
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Appendix
D2: IEG Portfolio Ratings |
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Appendix
D3: Trade-Related Investment Projects |
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Appendix
D4: Probit Estimation of the Determinants of Project Outcomes |
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Appendix
D5: Aggregate Economic Analysis |
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Appendix
D6: Sources of Growth Decomposition |
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Appendix
D7: Case Country Profiles |
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Appendix
E1: Organizational Chart for International Trade Department |
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Appendix
E2: Establishment of Trade Department |
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Appendix
E3: World Bank Advocacy on Industrial Country Trade Policies |
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Appendix
E4: Distribution of Trade Capacity Building Components,
2001-04 |
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Appendix
E5: Geneva Survey Results |
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Appendix
E6: Staff Survey Results |
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Appendix
E7: Trade in Country Assistance Strategies |
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Appendix
E8: Trade Note Series |
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Appendix
F: World Bank Management Response |
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Appendix
G: Chairman's Summary: Committee on Development Effectiveness
(CODE) |
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Endnotes |
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References |
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