Aid for Trade in the context of sustainable development

Authors

  • Olga Anatolievna Kozlova MGIMO University of the Foreign Ministry of the RF

Keywords:

Aid for Trade, foreign aid, official assistance, developing countries, least developed countries, sustainable development, World Trade Organization, Organization for Economic Cooperation and Development, Development Assistance Committee, Ministerial conference of WTO, Millennium Development Goals, 4th Global Review of Aid for Trade, economic infrastructure, building productive capacity, trade policy, trade-related adjustment

Abstract

This article analyzes the WTO Initiative “Aid for Trade”, launched at the 6th Ministerial Conference of WTO in Hong Kong in 2005. As world trade is an engine of foreign assistance and is important for the development of developing countries, this WTO Initiative assists their integration, especially of the least developed countries, into the global economy. Thus, the promotion of trade could solve the problem of the assistance of economic growth and sustainable development of developing countries. The author highlights the content of “Aid for trade”, considers the structure of such aid and the dynamics of its development.

Author Biography

Olga Anatolievna Kozlova, MGIMO University of the Foreign Ministry of the RF

Ph.D. (Economics), associate professor
Place of work, post: MGIMO University of the Foreign Ministry of the RF, Department of International Economic Relations and Foreign Economic Ties, assistant professor

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Published

2024-02-08

How to Cite

Kozlova, O. A. (2024). Aid for Trade in the context of sustainable development. Russian Foreign Economic Journal, (7), 59–71. Retrieved from https://journal.vavt.ru/rfej/article/view/1007

Issue

No. 7 (2015)

Section

Foreign trade activity