2013
DOI: 10.1017/s1474745612000730
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The future of Aid for Trade: challenges and options

Abstract: The Aid for Trade Initiative needs to be revamped. This article describes the challenges the Initiative faces and describes the pros and cons of possible reforms. The Aid for Trade Initiative succeeded in mobilizing quickly a large amount of financial resources. However, because the Doha Round talks stalled, the aid mobilized could not support the implementation of a multilateral agreement. Instead, it was spent on various projects, some of them not clearly related to trade. This affected developing countries … Show more

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Cited by 11 publications
(19 citation statements)
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“…There has been much criticism of this Initiative. Stiglitz and Charlton () have argued that it has failed, and Hallaert also maintains that the AfT process has run its course (Hallaert, ). This article argues for a more nuanced and realistic judgement on the AfT Initiative.…”
Section: Introductionmentioning
confidence: 99%
“…There has been much criticism of this Initiative. Stiglitz and Charlton () have argued that it has failed, and Hallaert also maintains that the AfT process has run its course (Hallaert, ). This article argues for a more nuanced and realistic judgement on the AfT Initiative.…”
Section: Introductionmentioning
confidence: 99%
“…57). The Hong Kong AfT initiative explicitly instructed the WTO Director General to pay attention to financial resource mobilisation for LDC because availability of resources for LDCs is important for facilitating the Doha Round negotiations (Hallaert, ).…”
Section: Introductionmentioning
confidence: 99%
“…A recent publication of OECD/WTO (2013) on aid for trade claims the aid-for-trade initiative has succeeded in mobilizing financial resources for a range of trade-related activities and is delivering tangible results in improving trade performance and bettering people's lives. However, for an objective evaluation on AfT, research on the allocation and effectiveness of AfT needs to be conducted by independent bodies(Hallaert, 2013).4 Cadot and Newfarmer (2011) argue that because of the diversity of AfT, understanding the full effects of AfT requires a constellation of evaluations comprising aggregate cross-country evaluations of AfT, sectoral and programme evaluations, and project evaluations. We survey only the cross-country evaluations of AfT which are relevant for the present paper.…”
mentioning
confidence: 99%
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“…Here, international development organizations, including the World Bank and the IMF, were called upon to assist developing countries to better adapt to trade liberalization trends, resulting in the launch in 2005 of the "aid-for-trade" initiative under the stewardship of the WTO. The effectiveness of these early aid-for-trade initiatives was critiqued by Hallaert (2013), who concluded that these programmes suffered from lack of focus and results achievement, due in part to the lack of any concrete international framework (such as the TFA)…”
mentioning
confidence: 99%