Industrial Policy: Trade Policy and World Trade Organization Considerations in IMF Surveillance

Author: Mr. Brad J. McDonald, Michele Ruta, and Ms. Elizabeth Van Heuvelen

This note aims to support country teams with staff guidance, useful questions for engagement with national authorities, and resources on trade related aspects of industrial policies.

Volume/Issue: Volume 2024 Issue 002

Publication date: March 2024

ISBN: 9798400271069

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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , Taxation - General , Economics / General , Industrial Policy , World Trade Organization , Trade Policy , IMF Surveillance , IMF Policy line , WTO rule , WTO trade policy review mechanism , WTO member country , International trade organizations , Exports , General Agreement on Tariffs and Trade , Tariffs , Global , Export subsidies

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Summary

With the use and complexity of industrial policy rising, along with the need for active policies to address climate, food, health, and other emergencies, IMF staff are often expected to provide policy and technical advice on trade-related industrial policies to national authorities. This note aims to support country teams with staff guidance, useful questions for engagement with national authorities, and resources on trade related aspects of industrial policies.