HC Deb 15 December 1988 vol 143 c643W
Sir John Stanley

To ask the Chancellor of the Exchequer to which recent International Monetary Fund study he was referring in his speech of 6 December in the Grand Committee Room which showed that, among developing countries, liberalising changes in trade outnumbered restrictive changes by nearly two to one in 1987.

Mr. Lawson

[holding answer 14 December 1988] : I was referring to table 1 of the 1988 IMF annual report on exchange arrangements and exchange restrictions, a copy of which is in the Library.

Sir John Stanley

To ask the Chancellor of the Exchequer to which World Bank figures he was referring in his speech of 6 December in the Grand Committee Room which suggest that protection by industrialised countries costs the developing countries more than twice the amount of official aid that they receive.

Mr. Lawson

[holding answer 14 December 1988] : The reference was to estimates contained in a paper by World Bank staff "Industrial policies of Industrial Countries: Impact on Developing Countries" which was discussed at the annual meetings of the IMF and the World Bank in September. The World Bank intend to publish the paper in due course.