Grow With the Flow : An Independent Evaluation of World Bank Group Support to Facilitating Trade 2006-17
The evaluation examines the development effectiveness of the World Bank Group’s support for trade facilitation and identifies lessons for future engagement. The World Bank Group has played a leading role in trade facilitation reform over the past 1...
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Format: | Report |
Language: | English |
Published: |
World Bank, Washington, DC
2019
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Online Access: | http://documents.worldbank.org/curated/en/257631555373518905/Grow-With-the-Flow-An-Independent-Evaluation-of-World-Bank-Group-Support-to-Facilitating-Trade-2006-17 http://hdl.handle.net/10986/32080 |
Summary: | The evaluation examines the development
effectiveness of the World Bank Group’s support for trade
facilitation and identifies lessons for future engagement.
The World Bank Group has played a leading role in trade
facilitation reform over the past 12 years, having
identified lowering trade costs as a crucial means to
promote its development agenda. Among its contributions,
the Bank Group has been a leading technical partner to the
WTO during the Trade Facilitation Agreement (TFA) process
throughout the evaluation period. Main findings of the
report include: (i) Over the evaluation period, the World
Bank Group has demonstrated leadership in facilitating trade
through its broad scope of work: (893 interventions of all
types) in addition to Advisory and Analytic work, generally
targeting countries with the greatest bottlenecks, results,
in its contribution to a substantial reduction of
international trade costs, and its creation of global public
goods through thought leadership, convening power, and its
trade facilitation indicators - which contributed to a
positive dynamic in reforms. (ii) Most World Bank Group
projects supporting trade facilitation reforms achieved
their development objective, and all three institutions
exceeded their corporate scorecard targets. The World
Bank’s investment lending appears to be substantially more
effective than its policy operations. At the trade
facilitation intervention level, the overall success rate
averaged 79 percent. |
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