This Economic Paper presents the first analyses of the use and effectiveness of Aid for Trade (AfT), the initiative to help developing countries boost their involvement in the global economy, for small and vulnerable economies (SVEs). It examines in detail the extent to which SVEs have been able to access AfT funds and to what extent this assistance has helped them to improve their trade performance.
Well designed trade-related assistance will help SVEs face the challenges posed by their characteristics, particularly when the prospects for small states have been deteriorating further due to preference erosion and the emergence of new and large competitors.
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Mohammad A. Razzaque is Adviser & Head, International Trade & Regional Co-operation in the Economic Affairs Division of the Commonwealth Secretariat. He has written extensively and edited several volumes on trade and development issues. He is the editor of Trade Hot Topics, which aims to communicate technical trade policy issues to wider readership. He holds a PhD from the University of Sussex and has previously taught at the University of Dhaka, Bangladesh.
Dirk Willem te Velde is Head of Program, Overseas Development Institute (ODI), London, United Kingdom.
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