Global Advocacy - IMF

Information dated: 2017

External Sector Issues Unit

Strategy, Policy, and Review Department

Tel: + 1 202 623 6223

Fax: + 1 202 623 4237


Economic growth and poverty reduction through trade

The IMF is a firm advocate of open trade as an engine for economic growth and poverty reduction. The IMF has called on the global community to reject protectionism in trade and finance. Concluding the Doha Round is a priority as liberalization would boost the growth potential of developed and developing countries alike; global trade would increase as a consequence while incentives to negotiate bilateral trade agreements, which encroach on the non-discrimination principle at the heart of the multilateral system, would be reduced. Twice a year the World Economic Outlook (WEO) presents the IMF staff’s analysis and projections of economic developments at the global level, including analysis of major economic policy issues.