Search results for "Trade facilitation"
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The Coordination Problem in Regional Integration
2021
A catch-22 situation or coordination failure between the slow creation of well-integrated regional markets and low economic diversification (plus sophistication and specialization) is unfolding in Africa. Ubiquitous trade barriers translate into a paradoxical tariff pattern by which African neighbours are treated worse than remote trade partners. In the face of widespread irregularities and high trade costs, ‘trade facilitation’ has become an important technical approach to easing trade with the support of donor agencies. This chapter examines the systemic potential and limits of trade facilitation programmes. As a general alternative to institution-heavy, imperfect integration along the tr…
Relevance of trade facilitation in emerging countries exports
2012
The objective of this article is to analyse trade flows in emerging nations with a maritime boundary, where trade facilitation plays a decisive role in their international development. In order to detect possible patterns in performance, we apply the economic approach of gravity models using the World Bank Logistic Performance Index (LPI) as a good proxy of trade facilitation. The results of the estimation lead to the conclusion that the more complex the transportation of goods is, the more influential the logistics indicator, trade facilitation being most prominent in Middle East exporters.