What future for the Global Aid for Trade Initiative? Towards an assessment of its achievements and limitations
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© The Authors 2016. Development Policy Review © 2016 Overseas Development Institute As with any form of contemporary global governance, the impact of the global Aid for Trade Initiative (2006) has been mixed. However, to dismiss it as a failure would be premature. The co-ordination system established was based on best-practice techniques of governance in a diverse non-hierarchical environment, such as the international development community. This form of co-operation cannot overcome global economic and political asymmetries, but it can be effective in several respects. In particular, the Initiative led to increased funding for AfT and kick-started a range of initiatives and technical advances; while the monitoring process has evolved significantly to give voice to new actors and issues. Although the future of the AfT Initiative is uncertain, its achievements merit careful consideration.
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