A data driven strategic framework for advancing inclusive trade policies to boost economic growth in underserved U.S. communities

In an increasingly interconnected global economy, inclusive trade policies have become a critical driver of economic growth, particularly for underserved communities in the United States. Traditional trade policies often fail to address systemic disparities in access to resources, market participation, and financial support, exacerbating economic inequalities. The rapid evolution of data analytics and artificial intelligence (AI) presents an opportunity to design more effective, evidence-based trade strategies that promote inclusivity. This paper proposes a data-driven strategic framework to advance inclusive trade policies by leveraging big data, machine learning, and predictive analytics to identify economic trends, trade barriers, and growth opportunities in marginalized communities. The framework integrates causal inference methodologies, counterfactual reasoning, and decision intelligence to ensure policies are not only reactive but also predictive and adaptive. By analyzing high-dimensional trade data, consumer behaviors, and market dynamics, policymakers can implement targeted interventions that optimize economic participation for small businesses, minority-owned enterprises, and rural industries. Additionally, AI-enhanced market intelligence facilitates real-time monitoring of trade policy impacts, ensuring continuous adjustments for maximum effectiveness. Case studies in manufacturing, digital trade, and local supply chain ecosystems highlight the practical application of AI-driven policy modeling. Ultimately, this paper provides a robust methodological foundation for policymakers, economists, and stakeholders seeking to bridge economic gaps through equitable trade policies. The integration of AI and advanced analytics enhances the precision, efficiency, and scalability of trade strategies, fostering sustainable growth in historically underserved regions

Authors

Publication Details

Journal
World Journal of Advanced Research and Reviews
Published
2025-03-20
DOI
https://doi.org/10.30574/wjarr.2025.25.3.0863
Primary Topic
Innovation and Socioeconomic Development
Type
article
Field-Weighted Citation Impact
0.00
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article

A data driven strategic framework for advancing inclusive trade policies to boost economic growth in underserved U.S. communities

Isiaka Akolawole Bakare
World Journal of Advanced Research and Reviews
Innovation and Socioeconomic Development
article

A data driven strategic framework for advancing inclusive trade policies to boost economic growth in underserved U.S. communities

Isiaka Akolawole Bakare
article en

Abstract

In an increasingly interconnected global economy, inclusive trade policies have become a critical driver of economic growth, particularly for underserved communities in the United States. Traditional trade policies often fail to address systemic disparities in access to resources, market participation, and financial support, exacerbating economic inequalities. The rapid evolution of data analytics and artificial intelligence (AI) presents an opportunity to design more effective, evidence-based trade strategies that promote inclusivity. This paper proposes a data-driven strategic framework to advance inclusive trade policies by leveraging big data, machine learning, and predictive analytics to identify economic trends, trade barriers, and growth opportunities in marginalized communities. The framework integrates causal inference methodologies, counterfactual reasoning, and decision intelligence to ensure policies are not only reactive but also predictive and adaptive. By analyzing high-dimensional trade data, consumer behaviors, and market dynamics, policymakers can implement targeted interventions that optimize economic participation for small businesses, minority-owned enterprises, and rural industries. Additionally, AI-enhanced market intelligence facilitates real-time monitoring of trade policy impacts, ensuring continuous adjustments for maximum effectiveness. Case studies in manufacturing, digital trade, and local supply chain ecosystems highlight the practical application of AI-driven policy modeling. Ultimately, this paper provides a robust methodological foundation for policymakers, economists, and stakeholders seeking to bridge economic gaps through equitable trade policies. The integration of AI and advanced analytics enhances the precision, efficiency, and scalability of trade strategies, fostering sustainable growth in historically underserved regions

World Journal of Advanced Research and ReviewsVol. 25(3)
Openalex Percentile: Top 91%
Innovation and Socioeconomic Development
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