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Trade Facilitation: Defining, Measuring, Explaining and Reducing the Cost of International Trade
     

Trade Facilitation: Defining, Measuring, Explaining and Reducing the Cost of International Trade

by Patricia Sourdin
 

This up-to-date and informative book provides a comprehensive treatment of the costs of trading across borders and of trade facilitation policies.
While traditional tariff and non-tariff barriers to trade have been reduced, international trade continues to involve higher costs in money and time than domestic trade. These include not only transport costs, that

Overview

This up-to-date and informative book provides a comprehensive treatment of the costs of trading across borders and of trade facilitation policies.
While traditional tariff and non-tariff barriers to trade have been reduced, international trade continues to involve higher costs in money and time than domestic trade. These include not only transport costs, that are determined by distance and commodity characteristics, but also at-the-border and behind-the-border costs which can be reduced by appropriate policies. Research on trade costs has flourished since the turn of the century, and this book by Patricia Sourdin and Richard Pomfret, takes stock of our increased knowledge of the nature and magnitude of trade costs, analysing why they are high and how they can be reduced to increase the gains from trade.
Trade Facilitation will appeal to economists and policymakers at the national level and in multinational institutions, researchers and postgraduate students interested in international trade and trade policy, as well as students in international business.

Editorial Reviews

Russell Hillberry
‘In the last decade trade costs have been a subject of intense study in the international trade literature. Richard Pomfret and Patricia Sourdin provide a timely and accessible summary of what we know so far. Their comprehensive review of what we have learned is paired here with important new research in the area of trade facilitation. This is important reading for policymakers interested in international trade and trade-related economic development.’
Matthias Busse
‘Few topics are as important in international economics as trade costs. Surprisingly, there are few studies that explicitly address that issue in detail. This makes the book of great value to both professional economists and policy makers worldwide helping them to understand the different concepts of trade costs, their determinants and how to reduce them using trade facilitation measures. The book is very well written and a must read for any person that has an interest in trade costs!’

Product Details

ISBN-13:
9780857937421
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
04/01/2012
Pages:
176
Product dimensions:
6.10(w) x 9.30(h) x 0.60(d)

Meet the Author

Patricia Sourdin, The Johns Hopkins University Bologna Center, Italy and Richard Pomfret, Professor of Economics, University of Adelaide, Australia, and Adjunct Professor, The Johns Hopkins University Bologna Center, Italy

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