regional consultation financing for development panel 3: creating conducive international frameworks...

REGIONAL CONSULTATION Financing for Development

Panel 3: Creating Conducive International Frameworks for Resource Mobilization

Hans-Peter WernerDevelopment Division

World Trade Organization

AFT - Trade Facilitation AssistanceCommitments

(Source: OECD-DAC, Credit Reporting System (CRS))

AFT - Trade Facilitation AssistanceDisbursements

(Source: OECD-DAC, Credit Reporting System (CRS))

•Aid for Trade•5th AFT Global Review – “Reducing Trade Cost for Inclusive, Sustainable Development”

Aid for Trade Commitments continue to expand…

Source: OECD-DAC, Credit Reporting System (CRS)

2002-05 avg. 2006-08 avg. 2009 2010 2011 2012 20130

10

20

30

40

50

60

25.8

33.7

42.0

47.444.6

54.1 56.7

USD billion (2012 constant)

Trade Policy & Regulations Economic Infrastructure Building Productive Capacity

Trade-related Adjustment

…Resulting in higher disbursements…

Source: OECD-DAC, Credit Reporting System (CRS)

2006-08 avg. 2009 2010 2011 2012 20130

10

20

30

40

50

60

24.2

30.534.1

36.9 39.142.3

USD billion (2012 constant)

Trade Policy & Regulations Economic Infrastructure Building Productive CapacityTrade-related Adjustment

… largely benefitting Asia…

Source: OECD-DAC, Credit Reporting System (CRS)

Africa America Asia Europe Oceania0

5

10

15

20

25

(USD billion 2012 constant)

2002-05 avg. 2006-08 avg. 2009-11 avg. 2012 2013

…and regional and global programmes…

Source: OECD-DAC, Credit Reporting System (CRS)

Africa America Asia Europe Oceania0

500

1000

1500

2000

2500

(USD million 2012 constant)

2002-05 avg. 2006-08 avg. 2009-11 avg. 2012 2013

AFT commitments to UNECE Members

145 136 79 24228

73

355

79181 269

25

977

226 142

2,098

8

357 334

0

250

500

750

1,000

1,250

1,500

1,750

2,000

2,250

2006-08 2010-12US$ bill. (2012 const.)

AFT commitments to UNECE Members

0

1

2

3

4

5

6

7

8

2002-05 2006-08 2009 2010 2011 2012

US$ bill. (2012 const.)

…slight decrease in share of AfT in overall ODA…

Source: OECD-DAC, Credit Reporting System (CRS)

2002-2005 avg.

2006-08 avg. 2009 2010 2011 2012 20130

30

60

90

120

150

0

20

40

60

80

100

Total sector allo-cable

(left axis)

AFT share (%)

USD billion (2012 constant) Share (%)

Aid-for-Trade Top 10 recipients

(Source: OECD-DAC, Credit Reporting System (CRS))

India

Turkey

Vietnam

Kenya

Morocco

Egypt

Ethiopia

Afghanistan

Pakistan

Brazil

0.0 1.0 2.0 3.0 4.0 5.0

4.0

3.3

2.6

2.3

2.3

2.1

2.0

1.8

1.6

1.3

Commitments, USD billion (2012 constant)

2012 (50% of total allocated AFT)

Aid-for-Trade Top 10 donors

(Source: OECD-DAC, Credit Reporting System (CRS))

AFT and other development finance flows

7

14

27

30

46

53

22

30

28

29

27

24

22

15

16

10

2

1

12

11

2

1

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Income remitted by migrants

Non-concessional financing

Official development assistance

Domestic public investment

Domestic private investment

Foreign direct investment

Responses (%)

MOST IMPORTANT IMPORTANT NOT IMPORTANT NOT SURE

Most important sources of finance to connect firms to value chains according to partner countries

Source: OECD/WTO Aid-For-Trade Questionnaire 2013

Conclusion

• Post Bali Work Programme, DDA• Trade Facilitation / Aid for Trade• Key issues and trends:

• Closer cooperation between the private and public sector• Aid for trade and its relation to other development finance

flows• Growing importance of South-South relationships

• Post 2015 Development Agenda – reducing the cost of trade for inclusive Sustainable Development