Review of the Role of Trade in the Work of the Fund
Journal: MF Policy Paper
Year: 2023

Open, stable, and transparent trade policies remain key for economic growth and resilience and for addressing key global challenges. Open trade has been an essential part of the global policy agenda to bolster growth, allowing millions of people to raise their living standard and exit poverty. Diversification through trade is also crucial to improve macroeconomic resilience, as evidenced during the COVID-19 pandemic. Large global gains remain to be derived from further trade reforms, including i