Incidence of trade and subsidy policies on developing country welfare, exports and debt sustainability Kym Anderson, Will Martin and Dominique van der Mensbrugghe* World Bank 1818 H Street NW Washington DC 20433 kanderson@worldbank.org wmartin1@worldbank.org dvandermensbrugg@worldbank.org March 2006 *Kym Anderson and Dominique van der Mensbrugghe are Lead Economists in the Development Economics Vice-Presidency of the World Bank in Washington DC. This paper is prepared at the request of the G24 (see www.g24.org ) for its XXII Technical Group Meeting in Palais des Nations, Geneva, 16- 17 March 2006. The views expressed are the authors’ alone and not necessarily those of the G24, World Bank, its Executive Directors or the countries they represent, nor DfID, BNPP and other trust funders of World Bank research projects.