Past Event

Self-Arming or Self-Harming? Assessing Trade Policies in Low- and Middle-Income Countries

Recent global challenges like the pandemic, rising geopolitical tensions, and climate change have thrust traditional trade policy back into the spotlight. How are low- and middle-income countries responding?


Presentation (PDF)

Following decades of tariff reductions, economic research shifted away from studying trade policies towards exploring alternate barriers to trade, like transport and communication costs. However, recent global challenges, including the pandemic, rising geopolitical tensions, and the urgency of climate change, have thrust trade policy back into the spotlight. This resurgence prompts the question: what trade policies are low- and middle-income countries (LMICs) arming themselves with in response? And are these policies harming more than helping?

In this Policy Research Talk, World Bank economists Ana Fernandes and Devaki Ghose will focus on answering these questions. LMICs often rely significantly on non-tariff measures (NTMs) to restrict trade. Despite their importance, the impacts of NTMs, particularly their downstream impacts, are rarely examined in economics due to poor data coverage and analytical challenges. To overcome these issues, Fernandes and Ghose argue in favor of generating specific country case studies and analyses that are comprehensive yet parsimonious in data. They will introduce a novel and comprehensive methodology that can be extended to multiple settings to assess the wide-ranging economic and welfare effects of a 2021 fertilizer import ban in Sri Lanka.

To conclude, the researchers will draw lessons from these country case studies to explore how trade policy can be strategically leveraged to foster development.

DATE: March 26, 2024

TIME: 12:30 - 2:00PM ET

LOCATION: MC Building (MC 2-800)

SPEAKERS

Headshot of Ana Fernandes

Ana Margarida Fernandes

Lead Economist

Ana Margarida Fernandes is a Lead Economist in the Trade and International Integration Unit of the Development Research Group at the World Bank. She joined the World Bank as a Young Economist in 2002. Her research examines the consequences of openness to trade and FDI for firm-level productivity, innovation and quality upgrading. Her work has also focused on the impact evaluation of trade-related policy interventions such as export promotion and customs reforms around the globe (Albania, Serbia, Madagascar, Tunisia). Since 2011 she has been managing the Exporter Dynamics Database project and studying the links between exporter growth and dynamics, development, policies, and shocks. She is currently working on deep trade agreements and on corruption in customs and tax evasion.

Headshot of Devaki Ghose

Devaki Ghose

Research Economist

Devaki Ghose is an Economist in the Trade and International Integration Unit of the Development Research Group. Her primary fields of research are international trade, urban, and development economics. She is particularly interested in studying the distributional consequences of trade and infrastructure investments in developing countries. Recent projects  analyze how trade, offshoring, and migration responses affect each other via individual and firm responses to economic shocks. She received her PhD in economics from the University of Virginia in 2020.

DISCUSSANT

Mona Haddad, Director, World Bank

Mona Haddad

Global Director for Trade, Investment and Competitiveness

Mona Haddad is the Global Director for Trade, Investment and Competitiveness in the Equitable Growth, Finance, and Institutions Practice Group (EFI) Vice Presidency. Ms. Haddad, a Lebanese national, joined the Bank in 1992 as a Young Professional. She has since held various positions in both the IBRD and IFC, her most recent assignment being Director of the Country Economics and Engagement department at IFC, where she led the development of the joint WBG Country Private Sector Diagnostics. Prior to this, she held roles including as Practice Manager of the Trade and Competitiveness Global Practice in East Asia, Sector Manager of the International Trade Department, as well as Trade Advisor to the Minister of Economy and Trade of Lebanon.

CHAIR

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Deon Filmer

Director

Deon Filmer is Director of the Development Research Group at the World Bank. He has previously served as Acting Research Manager in the Research Group, Co-Director of the World Development Report 2018: Learning to Realize Education’s Promise, and Lead Economist in the Human Development department of the Africa Region of the World Bank. He works on issues of human capital and skills, service delivery, and the impact of policies and programs to improve human development outcomes—with research spanning the areas of education, health, social protection, and poverty and inequality. He has published widely in refereed journals, including studies of the impact of demand-side programs on schooling and learning; the roles of poverty, gender, orphanhood, and disability in explaining education inequalities; and the determinants of effective service delivery.

The monthly Policy Research Talks showcase the latest findings of the World Bank’s research department, challenge and contribute to the institution’s intellectual climate, and re-examine conventional wisdom in current development theories and practice. These talks facilitate a dialogue between researchers and operational staff and inform World Bank operations both globally and within partner countries. Read More »