Economic growth in developing countries is often constrained by a lack of access to regional and global markets. Without reliable access to fair, transparent markets, the poor in developing countries stand little chance of escaping poverty and hunger. In recent years, the call for structural reforms of global markets has increased, focusing largely on protectionist trade policies such as export restrictions and tariffs. The International Organization report to the G20, released on June 12, states that “substantially reducing trade and production distorting domestic support, improving market access opportunities, eliminating export subsidies and strengthening the disciplines on export restrictions will improve the enabling environment for investment and productivity growth.” Reforming the global market structure and reducing harmful trade policies will help further the G20's goals of sustainable economic growth and global food security.
The following resources provide research supporting G20 recommendations on increasing market access for developing nations.
Read Economics of Export Taxation in a Context of Food Crisis
Read The Costs and Benefits of Duty-Free, Quota-Free Market Access for Poor Countries
Read Export Restrictions and Price Insulation During Commodity Price Booms