Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative

This study examines the relevance of trade facilitation reforms in maximizing the economic impactof infrastructure connectivity investments through the Belt and Road Initiative (BRI). It providesan overview of trade facilitation performance in BRI...

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Main Authors:	Bartley Johns, Marcus, Clarke, Julian Latimer, Kerswell, Clay, McLinden, Gerard
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	TRADE TRADE POLICY TRADE FACILITATION BELT AND ROAD INITIATIVE BUSINESS ENVIRONMENT INVESTMENT CLIMATE
Online Access:	http://documents.worldbank.org/curated/en/219761536948259167/Trade-Facilitation-Challenges-and-Reform-Priorities-for-Maximizing-the-Impact-of-the-Belt-and-Road-Initiative http://hdl.handle.net/10986/30477

id	okr-10986-30477
recordtype	oai_dc
spelling	okr-10986-304772021-05-25T09:18:03Z Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative Bartley Johns, Marcus Clarke, Julian Latimer Kerswell, Clay McLinden, Gerard TRADE TRADE POLICY TRADE FACILITATION BELT AND ROAD INITIATIVE BUSINESS ENVIRONMENT INVESTMENT CLIMATE This study examines the relevance of trade facilitation reforms in maximizing the economic impactof infrastructure connectivity investments through the Belt and Road Initiative (BRI). It providesan overview of trade facilitation performance in BRI economies, with a focus on those countriesinvolved in six key land corridors. This overview is based on three categories of data: international indicators for trade facilitation performance, notably Doing Business, the Logistics Performance Index, the Enabling Trade Index, and the OECD Trade Facilitation Indicators; publicly-available literature and analysis on the BRI corridors; and analysis conducted through World Bank projects involving BRI economies. A key finding is that, in a global context, trade facilitation along the BRI corridors is weak, with performance for most corridors below global averages according to most indicators. There is also wide variation in performance between countries along each corridor, providing a significant barrier to the efficient utilization of the corridors for predictable, timely cross-border transportation of goods. Based on the review of corridor performance, the study recommends priority trade facilitation reforms for the BRI economies, as well as recommendations on the implementation of these reforms, based on international experience. 2018-10-01T20:37:46Z 2018-10-01T20:37:46Z 2018-09 Working Paper http://documents.worldbank.org/curated/en/219761536948259167/Trade-Facilitation-Challenges-and-Reform-Priorities-for-Maximizing-the-Impact-of-the-Belt-and-Road-Initiative http://hdl.handle.net/10986/30477 English MTI Global Practice Discussion Paper;No. 4 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper East Asia and Pacific China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	TRADE TRADE POLICY TRADE FACILITATION BELT AND ROAD INITIATIVE BUSINESS ENVIRONMENT INVESTMENT CLIMATE
spellingShingle	TRADE TRADE POLICY TRADE FACILITATION BELT AND ROAD INITIATIVE BUSINESS ENVIRONMENT INVESTMENT CLIMATE Bartley Johns, Marcus Clarke, Julian Latimer Kerswell, Clay McLinden, Gerard Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative
geographic_facet	East Asia and Pacific China
relation	MTI Global Practice Discussion Paper;No. 4
description	This study examines the relevance of trade facilitation reforms in maximizing the economic impactof infrastructure connectivity investments through the Belt and Road Initiative (BRI). It providesan overview of trade facilitation performance in BRI economies, with a focus on those countriesinvolved in six key land corridors. This overview is based on three categories of data: international indicators for trade facilitation performance, notably Doing Business, the Logistics Performance Index, the Enabling Trade Index, and the OECD Trade Facilitation Indicators; publicly-available literature and analysis on the BRI corridors; and analysis conducted through World Bank projects involving BRI economies. A key finding is that, in a global context, trade facilitation along the BRI corridors is weak, with performance for most corridors below global averages according to most indicators. There is also wide variation in performance between countries along each corridor, providing a significant barrier to the efficient utilization of the corridors for predictable, timely cross-border transportation of goods. Based on the review of corridor performance, the study recommends priority trade facilitation reforms for the BRI economies, as well as recommendations on the implementation of these reforms, based on international experience.
format	Working Paper
author	Bartley Johns, Marcus Clarke, Julian Latimer Kerswell, Clay McLinden, Gerard
author_facet	Bartley Johns, Marcus Clarke, Julian Latimer Kerswell, Clay McLinden, Gerard
author_sort	Bartley Johns, Marcus
title	Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative
title_short	Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative
title_full	Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative
title_fullStr	Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative
title_full_unstemmed	Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative
title_sort	trade facilitation challenges and reform priorities for maximizing the impact of the belt and road initiative
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/219761536948259167/Trade-Facilitation-Challenges-and-Reform-Priorities-for-Maximizing-the-Impact-of-the-Belt-and-Road-Initiative http://hdl.handle.net/10986/30477
_version_	1764472037348212736

Trade Facilitation Challenges and Reform Priorities for Maximizing the Impact of the Belt and Road Initiative

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