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Achieving the Trade Targets of Millennium Development Goal 8-Status in the Least Developed Countries of Asia and the Pacific

Author

Listed:
  • Mia Mikic
  • Melanie Ramjoue

    (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP))

Abstract

This paper examines the progress made so far in achieving the trade targets of Millennium Development Goal 8 ("Building a Global Partnership for Development") with respect to the Least Developed Countries (LDCs) of Asia and the Pacific. The paper uses data from the OECD, WTO and UNDP, among others, to measure the MDG indicators 8.6, 8.7, and 8.9 with respect to these countries, thereby quantifying some of the impacts in these countries of recent global and national policy changes in the areas of market access, tariff preferences for LDCs and Aid for Trade. This paper concludes that while the market access commitments of the Hone Kong WTO Ministerial Declaration of 2005 have largely been met and LDCs of the Asia-Pacific benefit disproportionately from Aid for Trade, the overall share of LDC exports as a part of total world exports has not increased over the past decade. In its conclusion, this paper suggests that other factors such as non-tariff barriers and product competitiveness play a significant role and should become polic priorities of better targeted Aid for Trade.

Suggested Citation

  • Mia Mikic & Melanie Ramjoue, 2009. "Achieving the Trade Targets of Millennium Development Goal 8-Status in the Least Developed Countries of Asia and the Pacific," Working Paper Series 309, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), revised Jun 2010.
    • Handle: RePEc:unt:wpaper:swp309
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    References listed on IDEAS

    as
    1. Mostafa Abid Khan & Mohammad Farhad, 2009. "Duty-free market access in the Republic of Korea: Potential for least developed countries and Bangladesh," Working Papers 6209, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    2. Rajan Sudesh Ratna, 2009. "Promoting South-South Trade: Recent Developments and Options," ARTNeT Policy Briefs 17, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
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    Cited by:

    1. Mia Mikic, 2011. "Preferential market access issues," STUDIES IN TRADE AND INVESTMENT, in: United Nations ESCAP (ed.), Trade beyond Doha: Prospects for Asia-Pacific Least Developed Countries, Studies in Trade and Investment 76, chapter 2, pages 25-37, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).

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