• Agenda
  • Initiatives
  • Reports
  • Events
  • About
    • Our Mission
    • Leadership and Governance
    • Our Members and Partners
    • Communities
    • History
    • Klaus Schwab
    • Media
    • Contact Us
    • Careers
    • World Economic Forum USA
    • Privacy and Terms of Use
  • EN ES FR 日本語 中文
  • Login to TopLink

We use cookies to improve your experience on our website. By using our website you consent to all cookies in accordance with our updated Cookie Notice.

I accept
    Hamburger
  • World Economic Forum Logo
  • Agenda
  • Initiatives
  • Reports
  • Events
  • About
  • TopLink
  • Search Cancel

Report Home

<Previous Next>
  • Foreword
  • Executive Summary
  • 1. Introduction
  • 2. Approach
  • 3. Description of Supply Chain Barriers to Trade
  • 4. Main Lessons
  • A. Reducing supply chain barriers to trade could increase GDP up to six times more than removing tariffs. They have been under-managed by both countries and companies
  • B. Trade increases from reducing supply chain barriers can be achieved only if specific tipping points are reached
  • C. Recommendation to countries and companies – the devil is in the details
  • 5. Policy Implication: Think Supply Chain!
  • 6. Case Examples
  • Agriculture Co.
  • Rubber Products
  • Healthcare Co.
  • Chemical Co.
  • Mexican Chemical Co.
  • eBay
  • IATA
  • Pharmaceuticals
  • Apparel Co.
  • Global Co.
  • CPG Co.
  • Semiconductor Co.
  • Tech Co.
  • Handset Distribution Co.
  • PC Co.
  • Computer Co.
  • Express Delivery Services Co.
  • Shipping Co.
  • Appendix
  • Acknowledgements
Enabling Trade: Valuing Growth Opportunities Home Previous Next
  • Report Home
  • Foreword
  • Executive Summary
  • 1. Introduction
  • 2. Approach
  • 3. Description of Supply Chain Barriers to Trade
  • 4. Main Lessons

  • A. Reducing supply chain barriers to trade could increase GDP up to six times more than removing tariffs. They have been under-managed by both countries and companies
  • B. Trade increases from reducing supply chain barriers can be achieved only if specific tipping points are reached
  • C. Recommendation to countries and companies – the devil is in the details
  • 5. Policy Implication: Think Supply Chain!
  • 6. Case Examples

  • Agriculture Co.
  • Rubber Products
  • Healthcare Co.
  • Chemical Co.
  • Mexican Chemical Co.
  • eBay
  • IATA
  • Pharmaceuticals
  • Apparel Co.
  • Global Co.
  • CPG Co.
  • Semiconductor Co.
  • Tech Co.
  • Handset Distribution Co.
  • PC Co.
  • Computer Co.
  • Express Delivery Services Co.
  • Shipping Co.
  • Appendix
  • Acknowledgements

Foreword

Foreword

Scott Davis Chairman and Chief Executive Officer, UPS, USA

Scott Davis Chairman and Chief Executive Officer, UPS, USA

In our hyperconnected world, increasing global trade is at the heart of igniting job growth, creating efficient and competitive markets and putting the global economy on a path of stable growth. 

As an industry, express carriers and supply chain providers have a unique perspective into trade’s positive impact on growth and prosperity. Lowering tariffs does stimulate trade, but it pales in comparison to the economic growth seen when supply chain barriers to trade are reduced or eliminated. This study shows decreasing these barriers could increase world GDP six times more than merely eliminating tariffs. 

To reduce barriers to trade, the global business community needs to be innovative and put forth best practices that can be coordinated among small and medium-sized businesses, as well as large multinationals throughout many industries. In tandem, governments need to prioritize investments and ensure collaboration across countries, benefitting consumers through lower costs and more efficient global supply chains.

Reducing these trade barriers, such as customs clearance delays, lack of standardized procedures and poor infrastructure, will not be easy to achieve. However, by recognizing that we are now a global market and focusing on the “whole of the supply chain”, we can collectively create a more stable global economy.

Trade, and in particular, breaking down barriers to trade, provides the type of positive stimulus that will benefit generations to come and serves as a path for further regional and multilateral economic cooperation.

 


Download Executive Summary PDF

Download Full Report PDF

Download Appendix PDF

Back to Top
Subscribe for updates
A weekly update of what’s on the Global Agenda
Follow Us
About
Our Mission
Leadership and Governance
Our Members and Partners
The Fourth Industrial Revolution
Centre for the Fourth Industrial Revolution
Communities
History
Klaus Schwab
Our Impact
Media
Pictures
A Global Platform for Geostrategic Collaboration
Careers
Open Forum
Contact Us
Mapping Global Transformations
Code of Conduct
World Economic Forum LLC
Sustainability
World Economic Forum Privacy Policy
Media
News
Accreditation
Subscribe to our news
Members & Partners
Member login to TopLink
Strategic Partners' area
Partner Institutes' area
Global sites
Centre for the Fourth Industrial Revolution
Open Forum
Global Shapers
Schwab Foundation for Social Entrepreneurship
EN ES FR 日本語 中文
© 2021 World Economic Forum
Privacy Policy & Terms of Service