Impact Assessment

Trade Logistics Reforms. Linking Business to Global Markets, by Uma Subramaniam, The World Bank Group, 2012

    Description
    This Note reviews the literature on the effects of reforms improving trade logistics systems and services. Three key insights emerge. First, trade logistics reforms have a notable effect on the ability of countries to export and import cost-effectively and to become effective players in competitive global and regional markets. Second, trade facilitation enhances the productivity of firms. And third, targeted reforms can enable firms to use scarce working capital more effectively by allowing leaner inventories, lowering the carrying charges in transit and storage, and reducing pilferage and damage.