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Trade Facilitation and Development: Recent World Bank Experience

Trade Facilitation and Development: Recent World Bank Experience. WTO Workshop on Technical Assistance and Capacity Building May 10-11, 2001 John S. Wilson, The World Bank. Outline and Objectives. Bank Mission and Priorities Trade-Related Lending Facilitation Examples Future Challenges.

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Trade Facilitation and Development: Recent World Bank Experience

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  1. Trade Facilitation and Development: Recent World Bank Experience WTO Workshop on Technical Assistance and Capacity Building May 10-11, 2001 John S. Wilson, The World Bank John S. Wilson, World Bank

  2. Outline and Objectives • Bank Mission and Priorities • Trade-Related Lending • Facilitation Examples • Future Challenges John S. Wilson, World Bank

  3. The World Bank Group • International Bank for Reconstruction and Development (IBRD) • Founded in 1945 -- Bretton Woods • IMF and IBRD John S. Wilson, World Bank

  4. Mission and Operations • Poverty Reduction and Development • 182 member Governments • Loans, Loan Guarantees, Technical Assistance John S. Wilson, World Bank

  5. World Bank Agenda • Development and Trade • Focus on Least Developed • Mainstreaming Trade in Bank Operations • Comprehensive Development Strategy • Poverty Reduction Strategy Papers • Development Committee Report, April 2001 • Non-tariff Barriers as Priority John S. Wilson, World Bank

  6. Lending Profile • Assets in 2000 -- $227 Billion • Loans Outstanding in 2000 -- $116 Billion • Cash and Liquid Investments -- $30 Billion John S. Wilson, World Bank

  7. Bank Lending (IBRD and IDA) • FY 1999 - $28.9 Billion • Global Financial Crisis (Asia, Russia) • FY 2000 - $15.3 Billion • (Private capital flows, smaller loans for public sector) John S. Wilson, World Bank

  8. Bank Trade-Related Lending • FY99 - 25% of Lending Trade-Related • $6.9 Billion • FY00 - $650 million in Trade-Related project lending (estimated) John S. Wilson, World Bank

  9. Estimated Bank Lending Related to Trade Facilitation FY99 (in millions of U.S. Dollars) John S. Wilson, World Bank

  10. Project Examples • Customs -- Southeastern Europe • 1999 - $78.4 million • Transport -- Honduras • 2001 - $66 million • Regulatory Reform -- Malawi • 2000 - $28.9 million John S. Wilson, World Bank

  11. Lessons Learned? • Long-term Perspective Important • Modernization is Costly • Government Must Take Lead - Ownership • Transparent Legal Framework Critical John S. Wilson, World Bank

  12. More Lessons Learned? • Synergies of Reform • Customs, Standards, Regulatory Structures • Empirical Evidence Needed • U.S. Trust Fund for Africa • Bank Global TBT Database • Trade Facilitation in APEC John S. Wilson, World Bank

  13. The WTO and Next Steps • Focus on UR Implementation • Beyond Seminars • Private Sector Technical Assistance • Future WTO Disciplines? • TF Principles are Sound John S. Wilson, World Bank

  14. Next Steps Cont. • A Comprehensive Agenda in New Round • Donor Coordination Critical • Standards Development Forum (SDF) John S. Wilson, World Bank

  15. Thank You John S. Wilson Development Economics Research Group The World Bank Phone: 202-473-2065 Email: jswilson@worldbank.org Website: www.worldbank.org/trade/standards John S. Wilson, World Bank

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