The Economics of Trade Facilitation

Trade facilitation is defined as measures that improve the capabilities of business, trade and administrative organizations such as simplification of documents, processes and procedures, standardization and automation, and increased transparency. This volume, for the first time introduces trade facilitation as an economic category and clearly defines its scope. It locates trade facilitation in theories of transaction cost and monopolistic competition, and enlists quantitative analysis methods. The author identifies general needs as well as specific requirements of developed, developing, and least developed countries. The book will interest policy analysts, economists, multilateral development agencies, and students and teachers of international economics, and foreign trade.