Review of the IMF's Trade Restrictiveness Index

Volume/Issue: Volume 2005 Issue 019

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Topics covered in this book

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Business and Economics , Exports and Imports , Taxation - General , PP , midpoint coverage ratios , tariff rate quota , WTO trade policy review report , amount of trade , NTB coverage ratio , trade restriction , frequency ratio , Index category , benchmark NTB weight , review report , NTB coverage ratios , NTB rating category , tariff restrictiveness rating , NTB rating , equivalents of NTBs , NTB tariff equivalent , customs efficiency , NTB Index , Tariffs , Trade policy , Trade barriers , Trade liberalization , Imports , Africa , Global

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Summary

This paper examines the construction of the index and its use over the past seven years, identifies its limitations, examines several alternative measures of trade policy, and highlights some options for improving the Fund’s use of trade policy indicators.