Facilitate Trade for Development: Aid for Trade

by William Hynes and Frans Lammersen
Asian Development Bank Institute (ADBI) Working Paper Series 670, February 2017

36 pp. 3.9 MB
https://www.adb.org/sites/default/files/publication/229981/adbi-wp670.pdf

The 2030 Agenda for Sustainable Development with the Sustainable Development Goals (SDGs) at its core calls to “increase aid-for-trade support for developing countries, in particular least developed countries”. The authors discuss how aid for trade already contributes to the SDGs after highlighting the achievements of the Aid-for-Trade Initiative. This is followed with analysis of the continued importance of aid in financing development, particularly in the least developed countries. Next, the role of the private sector in aid for trade is presented as an example of how to improve partnerships for development. Finally, the authors draw on lessons from the monitoring of aid for trade for the SDGs and the need for, but also difficulty in, making the process truly country driven.

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