Why Do We Need Trade Liberalization Reforms?

Boskov, Tatjana (2020) Why Do We Need Trade Liberalization Reforms? In: Globalization, Trade Liberalization and Business Dynamism. Lap Lambert Academic Publishing, Germany, pp. 21-34. ISBN 978-620-281-437-9

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There is always interest for most effective measures in reducing transportation
costs and time as well as increase the predictability of a growing supply chain. A lot
of researches are needed to generate intuitive conclusions. Common problems for
transport costs and reform entities are frequent reloading of goods, customs delays,
complicated customs control procedures, complex and non-transparent
administrative requirements, limited use of automation, and uncertainty about the
application of legal documents such as a letter of credit.
A World Bank study of four broad areas of trade facilitation reform - the
efficiency of borders, the customs environment, the legal framework, the use of ebusiness - considers that each of these reforms should be defined first. They took the
APEC region as an example. The researchers designed an “entry (border) efficiency”
criterion for measuring the quality of maritime and air infrastructure. They also
designed a “customs environment” to measure direct customs costs and
administrative transparency of customs and border crossings. This is followed by a
“regulatory framework” as a measure of economic access to regulation and “e-business use” to measure the degree to which an economy needs in terms of domestic
infrastructure, telecommunications, financial intermediaries, logistics companies and
the use of network information for efficiency improvement and promoting economic

Item Type: Book Section
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Tatjana Boskov
Date Deposited: 08 Feb 2021 09:12
Last Modified: 08 Feb 2021 09:12
URI: https://eprints.ugd.edu.mk/id/eprint/27646

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