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In a globalised world, where goods cross borders many times as intermediate and as final products, trade facilitation … economies. Facilitation efforts undertaken by various countries around the world also show that the benefits of such measures …
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The multilateral trading system has delivered successive rounds of trade liberalisation and established mechanisms to protect the interests of trading nations. The result has been growth for those nations that have recognised the importance of openness and established a domestic policy framework...
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The development process can advance more rapidly than ever before in the new global economy. While opening their economies to trade and investment is a necessary condition for developing countries to achieve sustained high growth and reduce poverty, it is by no means a sufficient condition....
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