Trade Facilitation and the Global Economy
In a globalised world, where goods cross borders many times as intermediate and as final products, trade facilitation is essential to lowering overall trade costs and increasing economic welfare, in particular for developing and emerging economies. Facilitation efforts undertaken by various countries around the world also show that the benefits of such measures clearly compensate the costs and challenges posed by their implementation.
Single Window systems
Implementation of Single Windows remains one of the most important challenges among all the areas covered by the TFA. This chapter draws on Single Window indicators in the TFIs to assess implementation of Single Windows in 23 economies across various regions. It identifies key implications for policy makers, and in addition draws lessons from ASEAN’s experience with creating a regional Single Window.
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