To build on its successful experiences in trade facilitation, IEG recommends that the World Bank Group should:
Promote an approach of complementary (simultaneous and/or sequential) interventions in trade facilitation reforms in countries where trade is a client priority and World Bank Group has a comparative advantage, substantiated by consistent diagnostics, to enhance the effectiveness of reforms.
Identify and mitigate political economy constraints to trade facilitation reform implementation through systematic application of its tools for stakeholder analysis and consultation (including public-private dialogue).
Systematically apply a risk-based approach to identify and monitor the public policy objectives of trade regulations relating to public health, safety, the environment, good governance, formality and the rule of law and specifically identify the stakeholders potentially impacted by the reforms and the extent of the impact.
Rationalize its own two major trade facilitation indicator sets to build on the virtues of each and to enhance their responsiveness to implemented reforms.
More about the Factors Influencing Performance of Trade Facilitation Reforms (Chapter 4)
See all Conclusions and Recommendations (Chapter 5)