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World Trade Indicators 2008 : Benchmarking Policy and Performance

Author

Listed:
  • Roumeen Islam
  • Gianni Zanini

Abstract

The World Trade Indicators (WTI) database and ranking tool cover country level indicators of trade performance and policies and institutions that affect trade. The purpose of this initiative by the World Bank is to benchmark progress in these areas while highlighting important data gaps. The value of timely, good-quality data for policy making and effective international negotiations cannot be underestimated. Such data are also needed for reducing transactions costs for businesses. This publication summarizes patterns in world trade policy and trade outcomes revealed by the WTI database, focusing mainly on regional and income level variations and providing the context to help evaluate individual country progress. It is hoped that this initiative, by benchmarking country performance in various policy and outcome areas, will enhance the ability of policy makers to design and implement needed trade-related reforms. It is also hoped that countries will be further encouraged to produce better and more up to date data and make it publicly available, both domestically and in international databases, in a timely manner.

Suggested Citation

  • Roumeen Islam & Gianni Zanini, 2008. "World Trade Indicators 2008 : Benchmarking Policy and Performance," World Bank Publications - Books, The World Bank Group, number 6334, December.
    • Handle: RePEc:wbk:wbpubs:6334
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/6334/467720PUB0REPL10Box334103B01PUBLIC1.pdf?sequence=1
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    References listed on IDEAS

    as
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    5. Ng, Francis & Aksoy, M. Ataman, 2008. "Who are the net food importing countries ?," Policy Research Working Paper Series 4457, The World Bank.
    6. Islam, Roumeen & Reshef, Ariell, 2006. "Trade and harmonization : if your institutions are good, does it matter if they are different ?," Policy Research Working Paper Series 3907, The World Bank.
    7. Peter Walkenhorst & Tadashi Yasui, 2004. "Quantitative Assessment of the Benefits of Trade Facilitation," International Trade 0401008, University Library of Munich, Germany.
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    Cited by:

    1. Román Umaña-Peña & Álvaro Franco-Giraldo & Carlos Álvarez-Dardet Díaz & María Teresa Ruíz-Cantero & Diana Gil-González & Ildefonso Hernández-Aguado, 2014. "Assessment of the Association of Health with the Liberalisation of Trade in Services under the World Trade Organisation," PLOS ONE, Public Library of Science, vol. 9(7), pages 1-7, July.

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