Quantifying the Benefits of Trade Facilitation in ASEAN
This paper assesses the performance and progress of the ASEAN economies in trade facilitation, and the effect of improved trade facilitation on the region fs manufacturing trade with a focus on port efficiency, customs environment, regulatory environment and service sector infrastructure. Under a scenario of raising the below-average countries halfway to the global average, ASEAN fs trade is estimated to increase by $99 billion, three-quarters of which comes from the region fs own improvements. Also, regulatory reforms, for example, enhancing transparency of trade-related regulations and ensuring law-abiding operations of the regulatory authorities, are found to be most effective.
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- Hiau LooiKee & Alessandro Nicita & Marcelo Olarreaga, 2009.
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- John S. Wilson & Catherine L. Mann & Tsunehiro Otsuki, 2003. "Trade Facilitation and Economic Development: A New Approach to Quantifying the Impact," World Bank Economic Review, World Bank Group, vol. 17(3), pages 367-389, December. Full references (including those not matched with items on IDEAS)
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