Analyzing Trade Competitiveness : A Diagnostics Approach

Trade has proven to be a powerful engine of growth worldwide. But not all countries have benefited equally. Despite much effort to use trade policy to catalyze exports, many developing countries have failed to achieve successful, sustainable export and economic growth. Even with the benefit of preferential market access, many developing country exporters face a broad and diverse set of constraints that limit their potential to compete in export markets. This paper discusses the concept of "competitiveness" with respect to trade and the various dimensions on which trade competitiveness might be assessed. It argues there is a need for a framework by which trade competitiveness can be assessed in a systematic way. Inspired by the "growth diagnostics" approach, it outlines a possible framework for assessing factors that facilitate or constrain trade competitiveness.

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Bibliographic Details
Main Authors: Reis, Jose Guilherme, Farole, Thomas, Wagle, Swarnim
Language:English
Published: 2010-06-01
Subjects:ACCESS TO MARKET, ADJUSTMENT COSTS, AUTOMOBILES, BACKBONE, BENCHMARKING, BENCHMARKS, BEST PRACTICES, BUSINESS CLIMATE, BUSINESS SERVICES, CAPABILITIES, CAPABILITY, CAPITAL GOODS, CLIMATE CHANGE, COMMODITIES, COMMODITY, COMPARATIVE ADVANTAGE, COMPETITION POLICY, COMPETITIVE ADVANTAGE, COUNTRY MARKETS, CUSTOMS, DATA DEFINITIONS, DECISION TREE, DEPENDENT VARIABLE, DEPENDENT VARIABLES, DEPOSITS, DEVALUATIONS, DEVELOPED COUNTRIES, DEVELOPMENT ECONOMICS, DEVELOPMENT POLICY, DISTORTION, DISTORTIONS, DIVERSIFICATION OF EXPORTS, DOMESTIC MARKET, DOMESTIC MARKETS, ECONOMIC ACTIVITY, ECONOMIC COMPETITIVENESS, ECONOMIC DEVELOPMENT, ECONOMIC ENVIRONMENT, ECONOMIC GROWTH, ECONOMIC PERFORMANCE, ECONOMIC POLICY, ECONOMIC RESEARCH, ECONOMICS LITERATURE, ECONOMIES OF SCALE, ECONOMISTS, EFFICIENT MARKET, ELECTRICITY, EMPIRICAL ANALYSIS, EMPIRICAL EVIDENCE, EMPIRICAL STUDIES, ENVIRONMENTAL, EQUILIBRIUM, EQUIPMENT, EXCHANGE RATE, EXCHANGE RATE POLICY, EXCHANGE RATE VOLATILITY, EXCHANGE RATES, EXOGENOUS SHOCKS, EXPLANATORY VARIABLES, EXPLOITATION, EXPORT COMPETITIVENESS, EXPORT DIVERSIFICATION, EXPORT GROWTH, EXPORT MARKETS, EXPORT PERFORMANCE, EXPORT PROMOTION, EXPORT SECTOR, EXPORT SECTORS, EXPORT VOLUME, EXPORTERS, EXPORTS, EXPOSURE, EXTERNAL SHOCKS, EXTERNALITIES, FAIR, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN EXCHANGE EARNINGS, FOREIGN INVESTMENT, GDP, GDP PER CAPITA, GENERAL EQUILIBRIUM, GLOBAL COMPETITIVENESS, GLOBAL ECONOMY, GLOBAL INTEGRATION, GLOBAL MARKET, GLOBAL MARKETS, GROWTH PERFORMANCE, GROWTH RATES, HARD CURRENCY, HUMAN CAPITAL, ICT, IMPORT, IMPORTS, INCOME, INDUSTRIAL DEVELOPMENT, INDUSTRY PRODUCTIVITY, INFORMATION SOCIETY, INNOVATION, INTERMEDIATE INPUTS, INTERNATIONAL COMPETITION, INTERNATIONAL COMPETITIVENESS, INTERNATIONAL TELECOMMUNICATION, INTERNATIONAL TRADE, INVESTMENT CLIMATE, KNOWLEDGE ECONOMY, LABOR COSTS, LABOR PRODUCTIVITY, LEVELS OF INVESTMENT, LIBERALIZATION, MACROECONOMIC POLICIES, MACROECONOMICS, MANUFACTURING, MARKET ACCESS, MARKET COMPETITION, MARKET ENTRY, MARKET FAILURES, MARKET INFORMATION, MARKET REACH, MARKET SHARE, MARKET SHARES, MARKETING, MIDDLE INCOME COUNTRIES, MOBILE TELEPHONES, NATURAL ENDOWMENTS, NATURAL RESOURCES, NETWORKS, NEW MARKETS, PERFORMANCE INDICATORS, POLICY MAKERS, POVERTY REDUCTION, PRIVATE SECTOR, PRODUCERS, PRODUCT MARKET, PRODUCT MARKETS, PRODUCTION COSTS, PRODUCTIVITY, PRODUCTIVITY GROWTH, PUBLIC GOODS, QUALITY STANDARDS, QUOTAS, REGIONAL MARKETS, REGULATORY ENVIRONMENT, RESULT, RESULTS, SERVICE PROVIDERS, SLACK, SPREAD, SUPPLIERS, TECHNOLOGICAL PROGRESS, TELECOMMUNICATIONS, TIMBER, TOTAL FACTOR PRODUCTIVITY, TRADE BARRIERS, TRADE COMPETITIVENESS, TRADE FACILITATION, TRADE GROWTH, TRADE OPENNESS, TRADE OUTCOME, TRADE OUTCOMES, TRADE POLICY, TRADE SHARE, TRADE SHARES, TRADE STRUCTURE, TRADEOFFS, VALUE CHAIN, VALUE CHAINS, VOLATILITY, WAGES, WEAK CURRENCY, WEB, WORLD DEVELOPMENT INDICATORS, WORLD ECONOMY, WORLD TRADE,
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100601154408
https://hdl.handle.net/10986/3814
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